Flat 21, Eagle Works West 56
Flat 21, Eagle Works West 56
Description & Estimates
Flat 21, Eagle Works West 56 is recorded publicly as a modern leasehold apartment across 1,227 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a balcony.
Our estimate of the sale value of Flat 21, Eagle Works West 56 is £769,942 and its rental estimate is £3,946 per month, given the available information and assuming reasonable condition.
Eagle Works West, Quaker Street is a residential building on Quaker Street, London, E1 and falls within the E1 postal district and the London Borough of Tower Hamlets.
Our Data Sources
Flat 21, Eagle Works West 56 has 21 entries in the Land Registry , most recently in May 2017 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 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 21, Eagle Works West 56, we estimate a market value of £808,439 and a rental value of £4,143 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £716,046 and £3,670 per month respectively.
Recent Market Change
Over the last year, Flat 21, Eagle Works West 56 has seen its estimated sale value fall by £25,490 (3.3%) and its estimated rental value move up by £200 per month (5.1%). This results in an estimated gross rental yield of 6.1%.
Energy Efficiency
Flat 21, Eagle Works West 56 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Jun 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 21, Eagle Works West 56 completed on 24th May 2017 at £785,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 35.7% over the period since May 2017.
- Sold May 2017£785,000
- Sold Nov 2004£387,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 21, Eagle Works West 56 have sold within a radius of 280 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th April 2024, was Flat 16, Eagle Works West 56, Quaker Street, London, E1 6ST, a leasehold flat which sold for £680,000.
Read more about house prices in E1.
- Sold Apr 2024£680,000 | 3 Bed FlatEagle Works West 56, Quaker StreetFlat 16, Eagle Works West 56, Quaker Street, London, E1 6ST
- Sold Oct 2022£895,000 | 3 Bed FlatExchange Building 132, Commercial StreetFlat 96, Exchange Building 132, Commercial Street, London, E1 6NQ
- Sold Sep 2022£1,400,000 | 3 Bed FlatAvantgarde Tower 1, Avantgarde PlaceApartment 137, Avantgarde Tower 1, Avantgarde Place, London, E1 6GS
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 143 addresses on Quaker Street, London, E1, Flat 21, Eagle Works West 56 comes out as the 12th largest and the 14th most expensive in our analysis of the public data.
It is also £255k more expensive than the average property across the E1 district.
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Schools Nearby
- 400mChrist Church CofE School
- 400mSt Anne's and Guardian Angels Catholic Primary School
- 500mVirginia Primary School
- 600mMulberry Academy Shoreditch
- 900mCentral Foundation Boys' School
- 1.0kmSwanlea School
More reading links
Public Transport Nearby
From Flat 21, Eagle Works West 56, the nearest station is Shoreditch High Street, 200 metres away.
- 200mShoreditch High Street
- 800mLondon Liverpool Street
- 800mAldgate East
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.
