Flat 35, Wheel House 1
Flat 35, Wheel House 1
Description & Estimates
Public records show Flat 35, Wheel House 1 to be a modern leasehold apartment with 1,512 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms with a balcony.
Flat 35, Wheel House 1 has an estimated sale value of £755,506 and an estimated rental value of £4,342 per month, assuming reasonable condition and based on the information available.
The apartment sits within Wheel House, Burrells Wharf Square, London, E14.
Burrells Wharf Square, London, E14 lies in the borough of Tower Hamlets, within the E14 postal district.
Our Data Sources
Flat 35, Wheel House 1 has 51 entries in the Land Registry , most recently in November 2017 and a single entry in the EPC database dated November 2009.
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
In very good condition, we estimate Flat 35, Wheel House 1 would be worth £793,281, with a potential rental value of £4,559 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £702,620, with a rental value of £4,038 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 35, Wheel House 1 has moved down by £30,886 (4.1%) over the last year. During the same period, its estimated monthly rental value has increased by £226 (5.2%). The property's estimated gross yield is currently 6.9%.
Energy Efficiency
Flat 35, Wheel House 1 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Nov 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
Sold Prices
Flat 35, Wheel House 1 last changed hands on 15th November 2017, selling for £608,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 5 times since 1995.
The market for similar properties has dropped by 7.9% since November 2017.
- Sold Nov 2017£608,000
- Sold Mar 2010£400,000
- Sold Mar 2003£305,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 350 metres of Flat 35, Wheel House 1 across the last 2 years.
Most recently, 40, Langbourne Place, London, E14 3WN, a leasehold flat, sold at £960,000 on the 18th November 2015.
Read more about house prices in E14.
- Sold Nov 2015£960,000 | 3 Bed FlatLangbourne Place40, Langbourne Place, London, E14 3WN
- Sold Jul 2013£680,000 | 3 Bed FlatLangbourne Place41, Langbourne Place, London, E14 3WN
- Sold Apr 2007£575,000 | 3 Bed FlatWheel House 1, Burrells Wharf SquareFlat 73, Wheel House 1, Burrells Wharf Square, London, E14 3TB
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 35, Wheel House 1 as the 5th largest and the 4th most expensive of the 348 addresses on Burrells Wharf Square, London, E14.
Against the E14 postcode district average, it is £281k more expensive than the typical property.
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
Mudchute station is the nearest stop to Flat 35, Wheel House 1 at 600 metres away.
- 600mMudchute
- 700mIsland Gardens
- 900mCutty Sark for Maritime Greenwich
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
