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Flat 117, 14, New Crane Place is recorded publicly as a period leasehold apartment across 1,011 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat 117, 14, New Crane Place is £702,401 and its rental estimate is £3,467 per month, given the available information and assuming reasonable condition.
14, New Crane Place is a residential building on New Crane Place, London, E1 and falls within the E1 postal district and the London Borough of Tower Hamlets.
Flat 117, 14, New Crane Place has 31 entries in the Land Registry , most recently in March 2013 and a single entry in the EPC database dated June 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 117, 14, New Crane Place, we estimate a market value of £737,521 and a rental value of £3,640 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £653,233 and £3,224 per month respectively.
Over the last year, Flat 117, 14, New Crane Place has seen its estimated sale value move down by £22,672 (3.2%) and its estimated rental value increase by £172 per month (5.0%). This results in an estimated gross rental yield of 5.9%.
Flat 117, 14, New Crane Place has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Jun 2012.
The property is not connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of Flat 117, 14, New Crane Place completed on 6th March 2013 at £607,212 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 5.1% over the period since March 2013.
Over the past 2 years 3 properties similar to Flat 117, 14, New Crane Place have sold within a radius of 310 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th September 2024, was Flat 123, 14, New Crane Place, London, E1W 3TU, a leasehold flat which sold for £700,000.
Read more about house prices in E1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 137 addresses on New Crane Place, London, E1, Flat 117, 14, New Crane Place comes out as the 48th largest and the 31st most expensive in our analysis of the public data.
It is also £187k more expensive than the average property across the E1 district.
From Flat 117, 14, New Crane Place, the nearest station is Wapping, 200 metres away.
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 117, 14, New Crane Place, 54.2% of property is privately rented and 27.1% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 117, 14, New Crane Place, 6.6% of residents are recorded as possessing school level qualifications and 83.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 117, 14, New Crane Place, the average age was 37.5 and the most common age was 32.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 117, 14, New Crane Place, 1.1% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 117, 14, New Crane Place, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.