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By comparing it to neighbours, we estimate that it is a modern apartment with 888 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 23, 86, Wapping Lane is £558,370 and the estimated rental value is £3,073 per month.
The apartment is within 86, Wapping Lane, London, E1.
Wapping Lane, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Flat 23, 86, Wapping Lane has a single entry in the Land Registry from October 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 5 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 23, 86, Wapping Lane is in very good condition we estimate a sale value of £586,288 and a rental value of £3,227 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £519,284 and a rental value of £2,858 per month.
Over the last 12 months the sale value of Flat 23 86 Wapping Lane has decreased by an estimated £17,014 (3.0%) and its rental value has increased by an estimated £201 per month (6.5%), giving an expected gross yield of 6.6%.
According to HM Land Registry, Flat 23, 86, Wapping Lane was last sold on 1st October 2007 for £430,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since October 2007, the market for similar properties has dropped 26.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 23, 86, Wapping Lane within a radius of 310 metres over the last 2 years.
The most recent example is Flat 32, 130, Wapping High Street, London, E1W 2NH, a leasehold flat which sold for £624,999 on the 30th October 2024.
Read more about house prices in E1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wapping Lane, London, E1 has a total of 246 addresses. According to our analysis of all the public data, Flat 23, 86, Wapping Lane is the 54th largest and the 43rd most expensive property on the street.
When compared to the postcode district it is £46k more expensive than the average property in E1.
The nearest school is St Peter's London Docks CofE Primary School which is 242 metres away. The nearest train station is Wapping which is 100 metres away.
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