Flat 2402, Hobart Building 2
Flat 2402, Hobart Building 2
Description & Estimates
Public records show Flat 2402, Hobart Building 2 to be a modern leasehold apartment with 1,044 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms with a balcony.
Flat 2402, Hobart Building 2 has an estimated sale value of £1,019,039 and an estimated rental value of £4,775 per month, assuming reasonable condition and based on the information available.
The apartment sits within Hobart Building, Wards Place, London, E14.
Wards Place, London, E14 lies in the borough of Tower Hamlets, within the E14 postal district.
Our Data Sources
Flat 2402, Hobart Building 2 has a single entry in the Land Registry from September 2020 and a single entry in the EPC database dated July 2020.
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
In very good condition, we estimate Flat 2402, Hobart Building 2 would be worth £1,069,991, with a potential rental value of £5,014 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £947,707, with a rental value of £4,441 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 2402, Hobart Building 2 has moved down by £41,659 (4.1%) over the last year. During the same period, its estimated monthly rental value has increased by £248 (5.2%). The property's estimated gross yield is currently 5.6%.
Energy Efficiency
Flat 2402, Hobart Building 2 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Jul 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Sold Prices
Flat 2402, Hobart Building 2 last changed hands on 9th September 2020, selling for £980,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 51.5% since September 2020.
- Sold Sep 2020£980,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 150 metres of Flat 2402, Hobart Building 2 across the last 2 years.
Most recently, Flat 3202, Hobart Building 2, Wards Place, London, E14 9XJ, a leasehold flat, sold at £900,000 on the 19th December 2025.
Read more about house prices in E14.
- Sold Dec 2025£900,000 | 3 Bed FlatHobart Building 2, Wards PlaceFlat 3202, Hobart Building 2, Wards Place, London, E14 9XJ
- Sold Feb 2025£1,300,000 | 3 Bed FlatHobart Building 2, Wards PlaceFlat 4603, Hobart Building 2, Wards Place, London, E14 9ZD
- Sold Aug 2024£1,240,000 | 3 Bed FlatHobart Building 2, Wards PlaceFlat 4302, Hobart Building 2, Wards Place, London, E14 9ZD
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 2402, Hobart Building 2 as the 59th largest and the 58th most expensive of the 677 addresses on Wards Place, London, E14.
Against the E14 postcode district average, it is £544k more expensive than the typical property.
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Schools Nearby
- 400mSeven Mills Primary School
- 700mArnhem Wharf Primary School
- 900mMulberry Wood Wharf Primary School
- 900mCanary Wharf College Crossharbour
- 1.4kmBacon's College
- 1.7kmLangdon Park Community School
More reading links
Public Transport Nearby
Heron Quays station is the nearest stop to Flat 2402, Hobart Building 2 at 200 metres away.
- 200mHeron Quays
- 400mCanary Wharf
- 500mSouth Quay
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
