Flat 1304, 1
Flat 1304, 1
Description & Estimates
According to the public record, Flat 1304, 1, Merino Gardens is a modern apartment with 807 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 1304, 1, Merino Gardens is £1,025,151 and the estimated rental value is £4,058 per month.
The apartment is within 1, Merino Gardens, London, E1.
Merino Gardens, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Our Data Sources
Flat 1304, 1, Merino Gardens has no records in the the Land Registry and a single entry in the EPC database dated April 2022.
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.
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 1304, 1, Merino Gardens is in very good condition we estimate a sale value of £1,076,409 and a rental value of £4,261 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £953,391 and a rental value of £3,774 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 1304, 1, Merino Gardens has decreased by £32,024 (3.1%), while its estimated rental value has grown by £204 per month (5.0%). Based on current estimates, the property offers a gross rental yield of 4.8%.
Energy Efficiency
Flat 1304, 1, Merino Gardens has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Apr 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
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 1304, 1, Merino Gardens within a radius of 250 metres over the last 2 years.
The most recent example is Apartment 906, 2, Merino Gardens, London, E1W 2DR, a leasehold flat which sold for £1,079,960 on the 6th January 2025.
Read more about house prices in E1.
- Sold Jan 2025£1,079,960 | 2 Bed Flat2, Merino GardensApartment 906, 2, Merino Gardens, London, E1W 2DR
- Sold Nov 2024£1,113,150 | 2 Bed Flat2, Merino GardensApartment 706, 2, Merino Gardens, London, E1W 2DR
- Sold Sep 2022£1,241,240 | 2 Bed Flat1, Merino GardensFlat 1301, 1, Merino Gardens, London, E1W 2DG
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Merino Gardens, London, E1 has a total of 381 addresses. According to our analysis of all the public data, Flat 1304, 1, Merino Gardens is the 202nd largest and the 201st most expensive property on the street.
When compared to the postcode district it is £510k more expensive than the average property in E1.
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Schools Nearby
- 200mSt Paul's Whitechapel Church of England Primary School
- 300mHermitage Primary School
- 600mHarry Gosling Primary School
- 100mMulberry Academy London Dock
- 700mMulberry School for Girls
- 800mLondon Enterprise Academy
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Public Transport Nearby
The closest station to Flat 1304, 1, Merino Gardens is Shadwell station, which is 600 metres away.
- 600mShadwell
- 700mWapping
- 700mTower Gateway
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
