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By comparing it to neighbours, we estimate that it is a modern apartment with 779 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 18, Ability Place 37 is £490,326 and the estimated rental value is £2,717 per month.
The apartment is within Ability Place, Millharbour, London, E14.
Millharbour, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 18, Ability Place 37 has a single entry in the Land Registry from June 2014 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 18, Ability Place 37 is in very good condition we estimate a sale value of £514,843 and a rental value of £2,853 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £456,003 and a rental value of £2,527 per month.
Over the last 12 months the sale value of Flat 18 Ability Place 37 has decreased by an estimated £15,942 (3.3%) and its rental value has increased by an estimated £141 per month (5.2%), giving an expected gross yield of 6.7%.
According to HM Land Registry, Flat 18, Ability Place 37 was last sold on 11th June 2014 for £518,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2014, the market for similar properties has dropped 6.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 18, Ability Place 37 within a radius of 140 metres over the last 2 years.
The most recent example is Flat 305, Ability Place 37, Millharbour, London, E14 9DL, a leasehold flat which sold for £570,000 on the 4th August 2023.
Read more about house prices in E14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Millharbour, London, E14 has a total of 1137 addresses. According to our analysis of all the public data, Flat 18, Ability Place 37 is the 260th largest and the 188th most expensive property on the street.
When compared to the postcode district it is £18k more expensive than the average property in E14.
The nearest school is Seven Mills Primary School which is 408 metres away. The nearest train station is South Quay which is 200 metres away.
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