Flat 20, Adriatic Building 51
Flat 20, Adriatic Building 51
Description & Estimates
Flat 20, Adriatic Building 51 is recorded publicly as a modern leasehold apartment across 613 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 20, Adriatic Building 51 is £407,459 and its rental estimate is £2,433 per month, given the available information and assuming reasonable condition.
Adriatic Building, Narrow Street is a residential building on Narrow Street, London, E14 and falls within the E14 postal district and the London Borough of Tower Hamlets.
Our Data Sources
Flat 20, Adriatic Building 51 has 31 entries in the Land Registry , most recently in January 2021 and a single entry in the EPC database dated November 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 20, Adriatic Building 51, we estimate a market value of £427,832 and a rental value of £2,555 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £378,937 and £2,263 per month respectively.
Recent Market Change
Over the last year, Flat 20, Adriatic Building 51 has seen its estimated sale value drop by £16,336 (4.0%) and its estimated rental value rise by £108 per month (4.4%). This results in an estimated gross rental yield of 7.2%.
Energy Efficiency
Flat 20, Adriatic Building 51 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Nov 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of Flat 20, Adriatic Building 51 completed on 29th January 2021 at £360,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 21.9% over the period since January 2021.
- Sold Jan 2021£360,000
- Sold Feb 2017£420,000
- Sold Jul 2002£230,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 20, Adriatic Building 51 have sold within a radius of 330 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th September 2024, was Flat 61, Ionian Building 45, Narrow Street, London, E14 8DW, a leasehold flat which sold for £542,500.
Read more about house prices in E14.
- Sold Sep 2024£542,500 | 2 Bed FlatIonian Building 45, Narrow StreetFlat 61, Ionian Building 45, Narrow Street, London, E14 8DW
- Sold Jul 2024£505,000 | 2 Bed FlatIonian Building 45, Narrow StreetFlat 95, Ionian Building 45, Narrow Street, London, E14 8DW
- Sold Sep 2023£370,000 | 2 Bed FlatIonian Building 45, Narrow StreetFlat 50, Ionian Building 45, Narrow Street, London, E14 8DW
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 748 addresses on Narrow Street, London, E14, Flat 20, Adriatic Building 51 comes out as the 588th largest and the 622nd most expensive in our analysis of the public data.
It is also £68k less expensive than the average property across the E14 district.
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Schools Nearby
- 500mSir William Burrough Primary School
- 500mPeter Hills with St Mary's and St Paul's CofE Primary School
- 600mCyril Jackson Primary School
- 800mStepney All Saints Church of England Secondary School
- 900mBacon's College
- 900mBishop Challoner Catholic School
More reading links
Public Transport Nearby
From Flat 20, Adriatic Building 51, the nearest station is Limehouse, 200 metres away.
- 200mLimehouse
- 800mWestferry
- 1.2kmShadwell
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.
