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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 252, Ability Place 37 is £322,972 and the estimated rental value is £1,821 per month.
The apartment is within Ability Place, Millharbour, London, E14.
Millharbour, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 252, Ability Place 37 has a single entry in the Land Registry from August 2009 and a single entry in the EPC database dated June 2019.
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.
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 252, Ability Place 37 is in very good condition we estimate a sale value of £339,120 and a rental value of £1,912 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £300,364 and a rental value of £1,693 per month.
Over the last 12 months the sale value of Flat 252 Ability Place 37 has decreased by an estimated £13,014 (4.0%) and its rental value has increased by an estimated £103 per month (5.7%), giving an expected gross yield of 6.8%.
Flat 252, Ability Place 37 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Jun 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric underfloor heating.
According to HM Land Registry, Flat 252, Ability Place 37 was last sold on 14th August 2009 for £238,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2009, the market for similar properties has risen 36.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 252, Ability Place 37 within a radius of 140 metres over the last 2 years.
The most recent example is Flat 242, Ability Place 37, Millharbour, London, E14 9DF, a leasehold flat which sold for £302,000 on the 1st March 2024.
Read more about house prices in E14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Millharbour, London, E14 has a total of 1137 addresses. According to our analysis of all the public data, Flat 252, Ability Place 37 is the 1082nd largest and the 1031st most expensive property on the street.
When compared to the postcode district it is £149k less expensive than the average property in E14.
The nearest school is Seven Mills Primary School which is 408 metres away. The nearest train station is South Quay which is 200 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
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