Flat 39, Spice Court
Flat 39, Spice Court
Description & Estimates
Flat 39, Spice Court appears in the public record as a leasehold apartment.
By comparing it to nearby properties, we estimate it to be a modern apartment with 1,096 ft2 of internal area and a balcony.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat 39, Spice Court is £718,742 and its rental estimate is £3,570 per month, given the available information and assuming reasonable condition.
Spice Court, Asher Way is a residential building on Asher Way, London, E1 and falls within the E1 postal district and the London Borough of Tower Hamlets.
Our Data Sources
Flat 39, Spice Court has 31 entries in the Land Registry , most recently in November 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 39, Spice Court, we estimate a market value of £754,680 and a rental value of £3,748 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £668,430 and £3,320 per month respectively.
Recent Market Change
Over the last year, Flat 39, Spice Court has seen its estimated sale value fall by £23,795 (3.3%) and its estimated rental value move up by £181 per month (5.1%). This results in an estimated gross rental yield of 6.0%.
Sold Prices
The most recent sale of Flat 39, Spice Court completed on 23rd November 2007 at £610,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 6.8% over the period since November 2007.
- Sold Nov 2007£610,000
- Sold Apr 2002£360,000
- Sold Feb 2001£265,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 39, Spice Court have sold within a radius of 240 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th October 2024, was Flat 50, Spice Court, Asher Way, London, E1W 2JD, a leasehold flat which sold for £890,000.
Read more about house prices in E1.
- Sold Oct 2024£890,000 | 3 Bed FlatFlat 50, Spice Court, Asher Way, London, E1W 2JDFlat 50, Spice Court, Asher Way, London, E1W 2JD
- Sold Mar 2023£850,000 | 3 Bed FlatFlat 32, Spice Court, Asher Way, London, E1W 2JDFlat 32, Spice Court, Asher Way, London, E1W 2JD
- Sold Apr 2022£790,000 | 3 Bed FlatFlat 2, Spice Court, Asher Way, London, E1W 2JDFlat 2, Spice Court, Asher Way, London, E1W 2JD
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 238 addresses on Asher Way, London, E1, Flat 39, Spice Court comes out as the 34th largest and the 20th most expensive in our analysis of the public data.
It is also £203k more expensive than the average property across the E1 district.
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Schools Nearby
- 200mHermitage Primary School
- 300mSt Paul's Whitechapel Church of England Primary School
- 700mSt Peter's London Docks CofE Primary School
- 200mMulberry Academy London Dock
- 800mMulberry School for Girls
- 900mLondon Enterprise Academy
More reading links
Public Transport Nearby
From Flat 39, Spice Court, the nearest station is Shadwell, 600 metres away.
- 600mShadwell
- 700mWapping
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.
