Flat 2408, Hobart Building 2
Flat 2408, Hobart Building 2
Description & Estimates
According to the public record, Flat 2408, Hobart Building 2 is a modern leasehold apartment with 419 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2408, Hobart Building 2 is £480,952 and the estimated rental value is £2,103 per month.
The apartment is within Hobart Building, Wards Place, London, E14.
Wards Place, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Our Data Sources
Flat 2408, Hobart Building 2 has a single entry in the Land Registry from June 2021 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
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 2408, Hobart Building 2 is in very good condition we estimate a sale value of £505,000 and a rental value of £2,209 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £447,285 and a rental value of £1,956 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 2408, Hobart Building 2 has moved down by £22,924 (4.8%), while its estimated rental value has increased by £87 per month (4.1%). Based on current estimates, the property offers a gross rental yield of 5.2%.
Energy Efficiency
Flat 2408, 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
According to HM Land Registry, Flat 2408, Hobart Building 2 was last sold on 30th June 2021 for £503,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2021, the market for similar properties has dropped by 39.0%.
- Sold Jun 2021£503,500
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2408, Hobart Building 2 within a radius of 150 metres over the last 2 years.
The most recent example is Flat 2505, Hobart Building 2, Wards Place, London, E14 9XJ, a leasehold flat which sold for £410,000 on the 30th March 2026.
Read more about house prices in E14.
- Sold Mar 2026£410,000 | 1 Bed FlatFlat 2505, Hobart Building 2, Wards Place, London, E14 9XJFlat 2505, Hobart Building 2, Wards Place, London, E14 9XJ
- Sold Jul 2024£424,250 | 1 Bed FlatFlat 2405, Hobart Building 2, Wards Place, London, E14 9LEFlat 2405, Hobart Building 2, Wards Place, London, E14 9LE
- Sold Jul 2022£573,000 | 1 Bed FlatFlat 3305, Hobart Building 2, Wards Place, London, E14 9XJFlat 3305, Hobart Building 2, Wards Place, London, E14 9XJ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Wards Place, London, E14 has a total of 677 addresses. According to our analysis of all the public data, Flat 2408, Hobart Building 2 is the 553rd largest and the 553rd most expensive property on the street.
When compared to the postcode district it is £6k more expensive than the average property in E14.
More reading links
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
The closest station to Flat 2408, Hobart Building 2 is Heron Quays station, which is 200 metres away.
- 200mHeron Quays
- 400mCanary Wharf
- 500mSouth Quay
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
