Flat 2, The Powerhouse 74
Flat 2, The Powerhouse 74
Description & Estimates
Flat 2, The Powerhouse 74 is described in the public record as a period apartment with 613 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 2, The Powerhouse 74 is £615,318 and its rental estimate is £2,808 per month, given the available information and assuming reasonable condition.
The Powerhouse, Cornhill is a residential building on Cornhill, London, EC3 and falls within the EC3 postal district and the London Borough of City and County of the City of London.
Our Data Sources
Flat 2, The Powerhouse 74 has no recent1 records in the the Land Registry and a single entry in the EPC database dated March 2021.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, The Powerhouse 74, we estimate a market value of £646,084 and a rental value of £2,948 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £572,246 and £2,611 per month respectively.
Recent Market Change
Over the last year, Flat 2, The Powerhouse 74 has seen its estimated sale value move down by £17,179 (2.8%) and its estimated rental value increase by £158 per month (5.6%). This results in an estimated gross rental yield of 5.5%.
Energy Efficiency
Flat 2, The Powerhouse 74 has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 16 Mar 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric ceiling heating.
Sold Prices
The most recent sale of Flat 2, The Powerhouse 74 completed on 31st March 2003 at £237,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
- Sold Mar 2003£237,500
- Sold Jan 1996£185,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 2, The Powerhouse 74 have sold within a radius of 660 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th February 2026, was Flat 510, 1, Pepys Street, London, EC3N 2NU, a leasehold flat which sold for £490,000.
Read more about house prices in EC3.
- Sold Feb 2026£490,000 | 2 Bed Flat1, Pepys StreetFlat 510, 1, Pepys Street, London, EC3N 2NU
- Sold Apr 2022£610,000 | 2 Bed FlatWerna House 31, Monument StreetFlat 31, Werna House 31, Monument Street, London, EC3R 8BT
- Sold Sep 2021£610,000 | 1 Bed Flat15, Trinity SquareFlat 14, 15, Trinity Square, London, EC3N 4AA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 20 addresses on Cornhill, London, EC3, Flat 2, The Powerhouse 74 comes out as the 10th largest and the 10th most expensive in our analysis of the public data.
It is also £291k less expensive than the average property across the EC3 district.
More reading links
Schools Nearby
- 600mThe Aldgate School
- 1.0kmEnglish Martyrs Roman Catholic Primary School
- 1.0kmMulberry Canon Barnett Primary Academy
- 1.3kmCentral Foundation Boys' School
- 1.4kmMulberry Academy London Dock
- 1.5kmLondon Enterprise Academy
More reading links
Public Transport Nearby
From Flat 2, The Powerhouse 74, the nearest station is Monument, 300 metres away.
- 300mMonument
- 300mBank
- 400mCannon Street
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
