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Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 37, Arnhem Wharf 2 is £468,867 and the estimated rental value is £2,764 per month.
The apartment is within Arnhem Wharf, Arnhem Place, London, E14.
Arnhem Place, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 37, Arnhem Wharf 2 has 41 entries in the Land Registry , most recently in April 2022 and a single entry in the EPC database dated December 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 37, Arnhem Wharf 2 is in very good condition we estimate a sale value of £492,310 and a rental value of £2,903 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £436,046 and a rental value of £2,571 per month.
Over the last 12 months the sale value of Flat 37 Arnhem Wharf 2 has decreased by an estimated £18,798 (4.0%) and its rental value has increased by an estimated £123 per month (4.4%), giving an expected gross yield of 7.1%.
Flat 37, Arnhem Wharf 2 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Dec 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, Flat 37, Arnhem Wharf 2 was last sold on 29th April 2022 for £475,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since April 2022, the market for similar properties has dropped 10.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 37, Arnhem Wharf 2 within a radius of 430 metres over the last 2 years.
The most recent example is Flat 48, Arnhem Wharf 2, Arnhem Place, London, E14 3RU, a leasehold flat which sold for £580,000 on the 5th April 2022.
Read more about house prices in E14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Arnhem Place, London, E14 has a total of 214 addresses. According to our analysis of all the public data, Flat 37, Arnhem Wharf 2 is the 175th largest and the 164th most expensive property on the street.
When compared to the postcode district it is £6k less expensive than the average property in E14.
The nearest school is Arnhem Wharf Primary School which is 100 metres away. The nearest train station is Crossharbour which is 900 metres away.
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