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According to the public record, Flat 12, 86, Wapping Lane is a modern leasehold apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 12, 86, Wapping Lane is £446,544 and the estimated rental value is £2,530 per month.
The apartment is within 86, Wapping Lane, London, E1.
Wapping Lane, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Flat 12, 86, Wapping Lane has 21 entries in the Land Registry , most recently in July 2011 and a single entry in the EPC database dated August 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
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 12, 86, Wapping Lane is in very good condition we estimate a sale value of £468,872 and a rental value of £2,657 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £415,286 and a rental value of £2,353 per month.
Over the last 12 months the sale value of Flat 12 86 Wapping Lane has decreased by an estimated £14,144 (3.2%) and its rental value has increased by an estimated £170 per month (6.7%), giving an expected gross yield of 6.8%.
Flat 12, 86, Wapping Lane has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Aug 2018.
The property is not connected to mains gas and has partial double glazing. It is heated using Warm air, Electricaire.
According to HM Land Registry, Flat 12, 86, Wapping Lane was last sold on 20th July 2011 for £325,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since July 2011, the market for similar properties has risen 7.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 12, 86, Wapping Lane within a radius of 310 metres over the last 2 years.
The most recent example is Flat 56, 86, Wapping Lane, London, E1W 2RX, a leasehold flat which sold for £260,000 on the 16th October 2024.
Read more about house prices in E1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wapping Lane, London, E1 has a total of 246 addresses. According to our analysis of all the public data, Flat 12, 86, Wapping Lane is the 148th largest and the 110th most expensive property on the street.
When compared to the postcode district it is £66k less expensive than the average property in E1.
The nearest school is St Peter's London Docks CofE Primary School which is 242 metres away. The nearest train station is Wapping which is 100 metres away.
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