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By comparing it to neighbours, we estimate that it is a modern apartment with 907 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 22, 5, Millennium Drive is £453,836 and the estimated rental value is £2,637 per month.
The apartment is within 5, Millennium Drive, London, E14.
Millennium Drive, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 22, 5, Millennium Drive has 31 entries in the Land Registry , most recently in August 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 22, 5, Millennium Drive is in very good condition we estimate a sale value of £476,528 and a rental value of £2,769 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £422,068 and a rental value of £2,452 per month.
Over the last 12 months the sale value of Flat 22 5 Millennium Drive has decreased by an estimated £17,065 (3.8%) and its rental value has increased by an estimated £144 per month (5.5%), giving an expected gross yield of 7%.
According to HM Land Registry, Flat 22, 5, Millennium Drive was last sold on 20th August 2007 for £382,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since August 2007, the market for similar properties has risen 49.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 22, 5, Millennium Drive within a radius of 460 metres over the last 2 years.
The most recent example is 43, Schooner Close, London, E14 3GG, a leasehold flat which sold for £460,000 on the 13th November 2024.
Read more about house prices in E14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Millennium Drive, London, E14 has a total of 208 addresses. According to our analysis of all the public data, Flat 22, 5, Millennium Drive is the 82nd largest and the 69th most expensive property on the street.
When compared to the postcode district it is £19k less expensive than the average property in E14.
The nearest school is St Luke's Church of England Primary School which is 319 metres away. The nearest train station is Island Gardens which is 700 metres away.
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