Flat 2, Hannah Building 56
Flat 2, Hannah Building 56
Description & Estimates







Flat 2, Hannah Building 56 is described in the public record as a modern apartment with 548 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 2, Hannah Building 56 is £289,677 and its rental estimate is £2,207 per month, given the available information and assuming reasonable condition.
Hannah Building, Watney Street is a residential building on Watney Street, London, E1 and falls within the E1 postal district and the London Borough of Tower Hamlets.
Our Data Sources
Flat 2, Hannah Building 56 has no records in the the Land Registry and a single entry in the EPC database dated May 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 2, Hannah Building 56, we estimate a market value of £304,161 and a rental value of £2,318 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £269,399 and £2,053 per month respectively.
Recent Market Change
Over the last year, Flat 2, Hannah Building 56 has seen its estimated sale value decrease by £8,078 (2.8%) and its estimated rental value grow by £119 per month (5.4%). This results in an estimated gross rental yield of 9.1%.
Energy Efficiency
Flat 2, Hannah Building 56 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 May 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 2, Hannah Building 56 have sold within a radius of 260 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th March 2026, was Flat 25, Hannah Building 56, Watney Street, London, E1 2QU, a leasehold flat which sold for £270,000.
Read more about house prices in E1.
- Sold Mar 2026£270,000 | 2 Bed FlatHannah Building 56, Watney StreetFlat 25, Hannah Building 56, Watney Street, London, E1 2QU
- Sold Mar 2025£350,000 | 2 Bed FlatSheridan Heights 1, Spencer WayFlat 39, Sheridan Heights 1, Spencer Way, London, E1 2PN
- Sold Jan 2025£335,000 | 2 Bed FlatDimsdale Heights 4, Spencer WayFlat 4, Dimsdale Heights 4, Spencer Way, London, E1 2PN
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Similar Properties Let Nearby
Over the past 2 years our Estate Agent network has recorded 1 let of a property comparable to Flat 2, Hannah Building 56, all within 260 metres.
The latest, in June 2023, was Flat 30, Hannah Building 56, Watney Street, London, E1 2QU, a leasehold flat let by Fine Living.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Location Comparison
Of the 67 addresses on Watney Street, London, E1, Flat 2, Hannah Building 56 comes out as the 57th largest and the 63rd most expensive in our analysis of the public data.
It is also £226k less expensive than the average property across the E1 district.
More reading links
Schools Nearby
- 200mBigland Green Primary School
- 300mSt Mary and St Michael Primary School
- 300mBlue Gate Fields Junior School
- 200mMulberry School for Girls
- 300mWapping High School
- 400mBishop Challoner Catholic School
More reading links
Public Transport Nearby
From Flat 2, Hannah Building 56, the nearest station is Shadwell, 200 metres away.
- 200mShadwell
- 700mWhitechapel
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.

