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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 19, 6, Millennium Drive is £578,743 and the estimated rental value is £3,276 per month.
The apartment is within 6, Millennium Drive, London, E14.
Millennium Drive, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 19, 6, Millennium Drive has 21 entries in the Land Registry , most recently in July 2011 and a single entry in the EPC database dated June 2022.
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 19, 6, Millennium Drive is in very good condition we estimate a sale value of £607,681 and a rental value of £3,440 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £538,231 and a rental value of £3,047 per month.
Over the last 12 months the sale value of Flat 19 6 Millennium Drive has decreased by an estimated £21,762 (3.8%) and its rental value has increased by an estimated £179 per month (5.5%), giving an expected gross yield of 6.8%.
Flat 19, 6, Millennium Drive has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Jun 2022.
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 19, 6, Millennium Drive was last sold on 12th July 2011 for £367,500 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 49.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 19, 6, Millennium Drive within a radius of 450 metres over the last 2 years.
The most recent example is Flat 52, Vermeer Court 1, Rembrandt Close, London, E14 3XA, a leasehold flat which sold for £675,000 on the 24th February 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 19, 6, Millennium Drive is the 21st largest and the 15th most expensive property on the street.
When compared to the postcode district it is £106k more expensive than the average property in E14.
The nearest school is St Luke's Church of England Primary School which is 347 metres away. The nearest train station is Crossharbour which is 700 metres away.
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