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According to the public record, Flat 1607, Bagshaw Building 1 is a modern leasehold apartment with 850 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 1607, Bagshaw Building 1 is £834,403 and the estimated rental value is £4,238 per month.
The apartment is within Bagshaw Building, Wards Place, London, E14.
Wards Place, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 1607, Bagshaw Building 1 has a single entry in the Land Registry from October 2020 and a single entry in the EPC database dated July 2020.
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.
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 1607, Bagshaw Building 1 is in very good condition we estimate a sale value of £876,123 and a rental value of £4,450 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £775,995 and a rental value of £3,942 per month.
Over the last 12 months the sale value of Flat 1607 Bagshaw Building 1 has decreased by an estimated £33,454 (4.0%) and its rental value has increased by an estimated £188 per month (4.4%), giving an expected gross yield of 6.1%.
Flat 1607, Bagshaw Building 1 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Jul 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
According to HM Land Registry, Flat 1607, Bagshaw Building 1 was last sold on 7th October 2020 for £814,275 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since October 2020, the market for similar properties has dropped 41.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1607, Bagshaw Building 1 within a radius of 180 metres over the last 2 years.
The most recent example is Flat 4607, Bagshaw Building 1, Wards Place, London, E14 9EJ, a leasehold flat which sold for £1,078,400 on the 12th November 2024.
Read more about house prices in E14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wards Place, London, E14 has a total of 677 addresses. According to our analysis of all the public data, Flat 1607, Bagshaw Building 1 is the 283rd largest and the 281st most expensive property on the street.
When compared to the postcode district it is £359k more expensive than the average property in E14.
The nearest school is Seven Mills Primary School which is 400 metres away. The nearest train station is Heron Quays which is 200 metres away.
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