Flat 29, Wheel House 1
Flat 29, Wheel House 1
Description & Estimates
Flat 29, Wheel House 1 is recorded publicly as a modern leasehold apartment across 818 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 29, Wheel House 1 is £514,480 and its rental estimate is £2,983 per month, given the available information and assuming reasonable condition.
Wheel House, Burrells Wharf Square is a residential building on Burrells Wharf Square, London, E14 and falls within the E14 postal district and the London Borough of Tower Hamlets.
Our Data Sources
Flat 29, Wheel House 1 has a single entry in the Land Registry from January 2019 and a single entry in the EPC database dated January 2013.
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 29, Wheel House 1, we estimate a market value of £540,204 and a rental value of £3,132 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £478,467 and £2,774 per month respectively.
Recent Market Change
Over the last year, Flat 29, Wheel House 1 has seen its estimated sale value drop by £20,627 (4.0%) and its estimated rental value rise by £132 per month (4.4%). This results in an estimated gross rental yield of 7.0%.
Energy Efficiency
Flat 29, Wheel House 1 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Jan 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
Sold Prices
The most recent sale of Flat 29, Wheel House 1 completed on 30th January 2019 at £595,000 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 10.6% over the period since January 2019.
- Sold Jan 2019£595,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 29, Wheel House 1 have sold within a radius of 350 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th March 2025, was Flat 606, Chart House 6, Burrells Wharf Square, London, E14 3TW, a leasehold flat which sold for £540,000.
Read more about house prices in E14.
- Sold Mar 2025£540,000 | 2 Bed FlatChart House 6, Burrells Wharf SquareFlat 606, Chart House 6, Burrells Wharf Square, London, E14 3TW
- Sold Apr 2024£560,000 | 2 Bed FlatChart House 6, Burrells Wharf SquareFlat 704, Chart House 6, Burrells Wharf Square, London, E14 3TW
- Sold Apr 2022£635,000 | 2 Bed FlatWheel House 1, Burrells Wharf SquareFlat 75, Wheel House 1, Burrells Wharf Square, London, E14 3TB
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 348 addresses on Burrells Wharf Square, London, E14, Flat 29, Wheel House 1 comes out as the 71st largest and the 51st most expensive in our analysis of the public data.
It is also £40k more expensive than the average property across the E14 district.
More reading links
Schools Nearby
- 200mHarbinger Primary School
- 400mSt Edmund's Catholic School
- 500mCanary Wharf College, East Ferry
- 900mCanary Wharf College Crossharbour
- 900mGeorge Green's School
- 1.5kmDeptford Green School
More reading links
Public Transport Nearby
From Flat 29, Wheel House 1, the nearest station is Mudchute, 600 metres away.
- 600mMudchute
- 700mIsland Gardens
- 900mCutty Sark for Maritime Greenwich
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
