Flat 3, The Powerhouse 74
Flat 3, The Powerhouse 74
Description & Estimates
Public records show Flat 3, The Powerhouse 74 to be a period leasehold apartment with 516 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
Flat 3, The Powerhouse 74 has an estimated sale value of £529,201 and an estimated rental value of £2,356 per month, assuming reasonable condition and based on the information available.
The apartment sits within The Powerhouse, Cornhill, London, EC3.
Cornhill, London, EC3 lies in the borough of City and County of the City of London, within the EC3 postal district.
Our Data Sources
Flat 3, The Powerhouse 74 has 31 entries in the Land Registry , most recently in October 2012 and a single entry in the EPC database dated October 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate Flat 3, The Powerhouse 74 would be worth £555,661, with a potential rental value of £2,474 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £492,156, with a rental value of £2,191 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 3, The Powerhouse 74 has moved down by £29,916 (5.7%) over the last year. During the same period, its estimated monthly rental value has increased by £99 (4.2%). The property's estimated gross yield is currently 5.3%.
Energy Efficiency
Flat 3, The Powerhouse 74 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Oct 2024.
The property is not connected to mains gas and has mostly double glazing. It is heated using Room heaters, electric.
Sold Prices
Flat 3, The Powerhouse 74 last changed hands on 5th October 2012, selling for £400,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 20.5% since October 2012.
- Sold Oct 2012£400,000
- Sold Jan 2002£205,000
- Sold Jan 1996£182,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 660 metres of Flat 3, The Powerhouse 74 across the last 2 years.
Most recently, Flat 4, Werna House 31, Monument Street, London, EC3R 8BT, a leasehold flat, sold at £578,000 on the 9th September 2024.
Read more about house prices in EC3.
- Sold Sep 2024£578,000 | 1 Bed FlatWerna House 31, Monument StreetFlat 4, Werna House 31, Monument Street, London, EC3R 8BT
- Sold Mar 2023£547,500 | 1 Bed FlatWerna House 31, Monument StreetFlat 23, Werna House 31, Monument Street, London, EC3R 8BT
- Sold Sep 2021£610,000 | 1 Bed Flat15, Trinity SquareFlat 14, 15, Trinity Square, London, EC3N 4AA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 3, The Powerhouse 74 as the 11th largest and the 11th most expensive of the 20 addresses on Cornhill, London, EC3.
Against the EC3 postcode district average, it is £377k less expensive than the typical property.
More reading links
Schools Nearby
- 600mThe Aldgate School
- 1.0kmEnglish Martyrs Roman Catholic Primary School
- 1.0kmMulberry Canon Barnett Primary Academy
- 1.3kmCentral Foundation Boys' School
- 1.4kmMulberry Academy London Dock
- 1.5kmLondon Enterprise Academy
More reading links
Public Transport Nearby
Monument station is the nearest stop to Flat 3, The Powerhouse 74 at 300 metres away.
- 300mMonument
- 300mBank
- 400mCannon Street
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
