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Apartments of this size in this area are normally studios with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, Luralda Wharf 40 is £250,467 and the estimated rental value is £1,484 per month.
The apartment is within Luralda Wharf, Saunders Ness Road, London, E14.
Saunders Ness Road, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 2, Luralda Wharf 40 has 21 entries in the Land Registry , most recently in January 2010 and a single entry in the EPC database dated June 2009.
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 2, Luralda Wharf 40 is in very good condition we estimate a sale value of £262,990 and a rental value of £1,558 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £232,934 and a rental value of £1,380 per month.
Over the last 12 months the sale value of Flat 2 Luralda Wharf 40 has decreased by an estimated £11,676 (4.7%) and its rental value has increased by an estimated £68 per month (4.6%), giving an expected gross yield of 7.1%.
Flat 2, Luralda Wharf 40 has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 17 Jun 2009.
The property is not connected to mains gas and has single glazed windows. It is heated using Electric ceiling heating.
According to HM Land Registry, Flat 2, Luralda Wharf 40 was last sold on 22nd January 2010 for £140,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since January 2010, the market for similar properties has risen 45.9%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 2, Luralda Wharf 40 within a radius of 490 metres over the last 2 years.
The most recent example is Flat 1, Luralda Wharf 40, Saunders Ness Road, London, E14 3BY, a leasehold flat which sold for £272,500 on the 14th November 2023.
Read more about house prices in E14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Saunders Ness Road, London, E14 has a total of 116 addresses. According to our analysis of all the public data, Flat 2, Luralda Wharf 40 is the 116th largest and the 116th most expensive property on the street.
When compared to the postcode district it is £225k less expensive than the average property in E14.
The nearest school is George Green's School which is 100 metres away. The nearest train station is Island Gardens which is 300 metres away.
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