Flat 22, Spice Court
Flat 22, Spice Court
Description & Estimates
Flat 22, Spice Court is recorded publicly as a modern leasehold apartment across 990 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a balcony.
Our estimate of the sale value of Flat 22, Spice Court is £670,355 and its rental estimate is £3,419 per month, given the available information and assuming reasonable condition.
Spice Court, Asher Way is a residential building on Asher Way, London, E1 and falls within the E1 postal district and the London Borough of Tower Hamlets.
Our Data Sources
Flat 22, Spice Court has 51 entries in the Land Registry , most recently in September 2021 and a single entry in the EPC database dated April 2021.
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.
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 22, Spice Court, we estimate a market value of £703,873 and a rental value of £3,590 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £623,430 and £3,180 per month respectively.
Recent Market Change
Over the last year, Flat 22, Spice Court has seen its estimated sale value fall by £22,193 (3.3%) and its estimated rental value move up by £174 per month (5.1%). This results in an estimated gross rental yield of 6.1%.
Energy Efficiency
Flat 22, Spice Court has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Apr 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, electric.
Sold Prices
The most recent sale of Flat 22, Spice Court completed on 29th September 2021 at £730,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 5 times.
Values of comparable properties have dropped by 26.8% over the period since September 2021.
- Sold Sep 2021£730,000
- Sold Jan 2012£495,000
- Sold Nov 2009£445,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 22, Spice Court have sold within a radius of 240 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 2nd December 2022, was Flat 28, Spice Court, Asher Way, London, E1W 2JD, a leasehold flat which sold for £745,000.
Read more about house prices in E1.
- Sold Dec 2022£745,000 | 3 Bed FlatSpice Court, Asher WayFlat 28, Spice Court, Asher Way, London, E1W 2JD
- Sold Nov 2022£795,000 | 3 Bed FlatSpice Court, Asher WayFlat 47, Spice Court, Asher Way, London, E1W 2JD
- Sold May 2022£895,000 | 3 Bed FlatSpice Court, Asher WayFlat 46, Spice Court, Asher Way, London, E1W 2JD
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 238 addresses on Asher Way, London, E1, Flat 22, Spice Court comes out as the 60th largest and the 45th most expensive in our analysis of the public data.
It is also £155k more expensive than the average property across the E1 district.
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Schools Nearby
- 200mHermitage Primary School
- 300mSt Paul's Whitechapel Church of England Primary School
- 700mSt Peter's London Docks CofE Primary School
- 200mMulberry Academy London Dock
- 800mMulberry School for Girls
- 900mLondon Enterprise Academy
More reading links
Public Transport Nearby
From Flat 22, Spice Court, the nearest station is Shadwell, 600 metres away.
- 600mShadwell
- 700mWapping
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.
