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Apartments of this size in this area normally have 3 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 24, 6, Millennium Drive is £554,192 and the estimated rental value is £3,137 per month.
The apartment is within 6, Millennium Drive, London, E14.
Millennium Drive, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 24, 6, Millennium Drive has no recent1 records in the the Land Registry and a single entry in the EPC database dated November 2021.
We combine this information with public data 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.
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 24, 6, Millennium Drive is in very good condition we estimate a sale value of £581,902 and a rental value of £3,294 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £515,399 and a rental value of £2,918 per month.
Over the last 12 months the sale value of Flat 24 6 Millennium Drive has decreased by an estimated £20,839 (3.8%) and its rental value has increased by an estimated £171 per month (5.5%), giving an expected gross yield of 6.8%.
Flat 24, 6, Millennium Drive has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 Nov 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 24, 6, Millennium Drive was last sold on 31st October 2001 for £280,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 24, 6, Millennium Drive within a radius of 450 metres over the last 2 years.
The most recent example is Flat 52, Vermeer Court 1, Rembrandt Close, London, E14 3XA, a leasehold flat which sold for £675,000 on the 24th February 2023.
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 24, 6, Millennium Drive is the 28th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £82k more expensive than the average property in E14.
The nearest school is St Luke's Church of England Primary School which is 347 metres away. The nearest train station is Crossharbour which is 700 metres away.
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