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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 287, Ability Place 37 is £624,109 and the estimated rental value is £3,420 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 287, Ability Place 37 has a single entry in the Land Registry from June 2010 and a single entry in the EPC database dated May 2021.
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 287, Ability Place 37 is in very good condition we estimate a sale value of £655,314 and a rental value of £3,591 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £580,421 and a rental value of £3,180 per month.
Over the last 12 months the sale value of Flat 287 Ability Place 37 has decreased by an estimated £23,468 (3.8%) and its rental value has increased by an estimated £187 per month (5.5%), giving an expected gross yield of 6.6%.
Flat 287, Ability Place 37 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 May 2021.
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 287, Ability Place 37 was last sold on 11th June 2010 for £444,476 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2010, the market for similar properties has risen 21.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 287, Ability Place 37 within a radius of 140 metres over the last 2 years.
The most recent example is Flat 349, Ability Place 37, Millharbour, London, E14 9DL, a leasehold flat which sold for £760,000 on the 16th August 2023.
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 287, Ability Place 37 is the 42nd largest and the 37th most expensive property on the street.
When compared to the postcode district it is £152k more 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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