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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Flat 13, 5, Millennium Drive is a modern apartment with 1,022 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 13, 5, Millennium Drive is £485,511 and the estimated rental value is £2,776 per month.
The apartment is within 5, Millennium Drive, London, E14.
Millennium Drive, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 13, 5, Millennium Drive has no recent1 records in the the Land Registry and a single entry in the EPC database dated February 2021.
We combine this information with public data 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.
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 13, 5, Millennium Drive is in very good condition we estimate a sale value of £509,786 and a rental value of £2,915 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £451,525 and a rental value of £2,582 per month.
Over the last 12 months the sale value of Flat 13 5 Millennium Drive has decreased by an estimated £18,256 (3.8%) and its rental value has increased by an estimated £152 per month (5.5%), giving an expected gross yield of 6.9%.
Flat 13, 5, Millennium Drive has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Feb 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 13, 5, Millennium Drive was last sold on 7th September 2006 for £335,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 13, 5, Millennium Drive within a radius of 460 metres over the last 2 years.
The most recent example is Flat 18, 5, Millennium Drive, London, E14 3GE, a leasehold flat which sold for £480,000 on the 16th October 2023.
Read more about house prices in E14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Millennium Drive, London, E14 has a total of 208 addresses. According to our analysis of all the public data, Flat 13, 5, Millennium Drive is the 37th largest and the 39th most expensive property on the street.
When compared to the postcode district it is £13k more expensive than the average property in E14.
The nearest school is St Luke's Church of England Primary School which is 319 metres away. The nearest train station is Island Gardens which is 700 metres away.
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