Flat 38, Wheel House 1
Flat 38, Wheel House 1
Description & Estimates
Flat 38, Wheel House 1 is recorded publicly as a modern leasehold apartment across 607 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 38, Wheel House 1 is £431,699 and its rental estimate is £2,580 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 38, Wheel House 1 has 2 entries in the Land Registry , most recently in July 2013 and a single entry in the EPC database dated January 2011.
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 38, Wheel House 1, we estimate a market value of £453,284 and a rental value of £2,709 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £401,480 and £2,400 per month respectively.
Recent Market Change
Over the last year, Flat 38, Wheel House 1 has seen its estimated sale value decline by £17,308 (4.0%) and its estimated rental value climb by £115 per month (4.4%). This results in an estimated gross rental yield of 7.2%.
Energy Efficiency
Flat 38, Wheel House 1 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Jan 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
Sold Prices
The most recent sale of Flat 38, Wheel House 1 completed on 15th July 2013 at £310,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 25.2% over the period since July 2013.
- Sold Jul 2013£310,000
- Sold Jan 2012£297,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 38, 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 2nd December 2025, was Flat 56, Wheel House 1, Burrells Wharf Square, London, E14 3TB, a leasehold flat which sold for £360,000.
Read more about house prices in E14.
- Sold Dec 2025£360,000 | 2 Bed FlatWheel House 1, Burrells Wharf SquareFlat 56, Wheel House 1, Burrells Wharf Square, London, E14 3TB
- Sold Aug 2025£125,000 | 2 Bed FlatSlipway House 2, Burrells Wharf SquareFlat 22, Slipway House 2, Burrells Wharf Square, London, E14 3TD
- Sold Nov 2022£360,000 | 2 Bed FlatWheel House 1, Burrells Wharf SquareFlat 25, Wheel House 1, Burrells Wharf Square, London, E14 3TA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 348 addresses on Burrells Wharf Square, London, E14, Flat 38, Wheel House 1 comes out as the 207th largest and the 156th most expensive in our analysis of the public data.
It is also £43k less expensive than the average property across the E14 district.
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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 38, 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.
