Flat 11, Franklin House
Flat 11, Franklin House
Description & Estimates
According to the public record, Flat 11, Franklin House is a period leasehold apartment with 775 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 11, Franklin House is £433,782 and the estimated rental value is £2,571 per month.
The apartment is within Franklin House, Watts Street, London, E1.
Watts Street, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Our Data Sources
Flat 11, Franklin House has 2 entries in the Land Registry , most recently in September 2022 and a single entry in the EPC database dated June 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 11, Franklin House is in very good condition we estimate a sale value of £455,471 and a rental value of £2,699 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £403,417 and a rental value of £2,391 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 11, Franklin House has decreased by £12,097 (2.8%), while its estimated rental value has grown by £139 per month (5.4%). Based on current estimates, the property offers a gross rental yield of 7.1%.
Energy Efficiency
Flat 11, Franklin House has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Jun 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Flat 11, Franklin House was last sold on 13th September 2022 for £490,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since September 2022, the market for similar properties has dropped by 16.4%.
- Sold Sep 2022£490,000
- Sold Apr 2011£272,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 11, Franklin House within a radius of 270 metres over the last 2 years.
The most recent example is Flat 7, Willoughby House, Reardon Path, London, E1W 2PQ, a leasehold flat which sold for £480,000 on the 10th September 2024.
Read more about house prices in E1.
- Sold Sep 2024£480,000 | 2 Bed FlatWilloughby House, Reardon PathFlat 7, Willoughby House, Reardon Path, London, E1W 2PQ
- Sold Jul 2024£515,000 | 2 Bed FlatJackman House, Watts StreetFlat 60, Jackman House, Watts Street, London, E1W 2PU
- Sold Mar 2024£503,000 | 2 Bed FlatWilloughby House, Reardon PathFlat 14, Willoughby House, Reardon Path, London, E1W 2PQ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Watts Street, London, E1 has a total of 146 addresses. According to our analysis of all the public data, Flat 11, Franklin House is the 44th largest and the 48th most expensive property on the street.
When compared to the postcode district it is £82k less expensive than the average property in E1.
More reading links
Schools Nearby
- 300mSt Peter's London Docks CofE Primary School
- 500mHermitage Primary School
- 700mBlue Gate Fields Junior School
- 700mMulberry Academy London Dock
- 900mSt Michael's Catholic College
- 1.0kmThe Charter School Bermondsey
More reading links
Public Transport Nearby
The closest station to Flat 11, Franklin House is Wapping station, which is 200 metres away.
- 200mWapping
- 600mRotherhithe
- 700mShadwell
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
