Flat 2506, Bagshaw Building 1
Flat 2506, Bagshaw Building 1
Description & Estimates
Flat 2506, Bagshaw Building 1 is recorded publicly as a modern leasehold apartment across 850 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 2506, Bagshaw Building 1 is £835,913 and its rental estimate is £4,246 per month, given the available information and assuming reasonable condition.
Bagshaw Building, Wards Place is a residential building on Wards Place, London, E14 and falls within the E14 postal district and the London Borough of Tower Hamlets.
Our Data Sources
Flat 2506, Bagshaw Building 1 has a single entry in the Land Registry from March 2021 and a single entry in the EPC database dated August 2020.
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 2506, Bagshaw Building 1, we estimate a market value of £877,709 and a rental value of £4,458 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £777,399 and £3,949 per month respectively.
Recent Market Change
Over the last year, Flat 2506, Bagshaw Building 1 has seen its estimated sale value move down by £33,515 (4.0%) and its estimated rental value increase by £189 per month (4.4%). This results in an estimated gross rental yield of 6.1%.
Energy Efficiency
Flat 2506, Bagshaw Building 1 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Aug 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Sold Prices
The most recent sale of Flat 2506, Bagshaw Building 1 completed on 31st March 2021 at £1,019,200 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 41.2% over the period since March 2021.
- Sold Mar 2021£1,019,200
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 2506, Bagshaw Building 1 have sold within a radius of 180 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th November 2024, was Flat 4607, Bagshaw Building 1, Wards Place, London, E14 9EJ, a leasehold flat which sold for £1,078,400.
Read more about house prices in E14.
- Sold Nov 2024£1,078,400 | 2 Bed FlatBagshaw Building 1, Wards PlaceFlat 4607, Bagshaw Building 1, Wards Place, London, E14 9EJ
- Sold Apr 2024£785,000 | 2 Bed FlatBagshaw Building 1, Wards PlaceFlat 1008, Bagshaw Building 1, Wards Place, London, E14 9DA
- Sold Apr 2024£750,000 | 2 Bed FlatBagshaw Building 1, Wards PlaceFlat 508, Bagshaw Building 1, Wards Place, London, E14 9AZ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 677 addresses on Wards Place, London, E14, Flat 2506, Bagshaw Building 1 comes out as the 266th largest and the 264th most expensive in our analysis of the public data.
It is also £361k more expensive than the average property across the E14 district.
More reading links
Schools Nearby
- 400mSeven Mills Primary School
- 800mArnhem Wharf Primary School
- 900mMulberry Wood Wharf Primary School
- 1.0kmCanary Wharf College Crossharbour
- 1.4kmBacon's College
- 1.6kmLangdon Park Community School
More reading links
Public Transport Nearby
From Flat 2506, Bagshaw Building 1, the nearest station is Heron Quays, 200 metres away.
- 200mHeron Quays
- 300mCanary Wharf
- 400mSouth Quay
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
