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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
|
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, Flat 3, 8, Millennium Drive is a modern leasehold apartment with 1,453 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 3, 8, Millennium Drive is £612,077 and the estimated rental value is £3,465 per month.
The apartment is within 8, Millennium Drive, London, E14.
Millennium Drive, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 3, 8, Millennium Drive has 31 entries in the Land Registry , most recently in April 2018 and a single entry in the EPC database dated January 2021.
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.
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 3, 8, Millennium Drive is in very good condition we estimate a sale value of £642,681 and a rental value of £3,638 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £569,231 and a rental value of £3,222 per month.
Over the last 12 months the sale value of Flat 3 8 Millennium Drive has decreased by an estimated £18,848 (3.1%) and its rental value has increased by an estimated £207 per month (6.0%), giving an expected gross yield of 6.8%.
Flat 3, 8, Millennium Drive has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Jan 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, electric.
According to HM Land Registry, Flat 3, 8, Millennium Drive was last sold on 20th April 2018 for £745,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since April 2018, the market for similar properties has dropped 12.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 8, Millennium Drive within a radius of 440 metres over the last 2 years.
The most recent example is Flat 2, 9, Millennium Drive, London, E14 3GH, a leasehold flat which sold for £680,000 on the 30th August 2024.
Read more about house prices in E14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Millennium Drive, London, E14 has a total of 208 addresses. According to our analysis of all the public data, Flat 3, 8, Millennium Drive is the 15th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £140k more expensive than the average property in E14.
The nearest school is Cubitt Town Primary School which is 372 metres away. The nearest train station is Crossharbour which is 700 metres away.
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