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By comparing it to neighbours, we estimate that it is a modern apartment with 918 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 4, 7, Millennium Drive is £467,705 and the estimated rental value is £2,713 per month.
The apartment is within 7, Millennium Drive, London, E14.
Millennium Drive, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 4, 7, Millennium Drive has 31 entries in the Land Registry , most recently in April 2008 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.
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 4, 7, Millennium Drive is in very good condition we estimate a sale value of £491,091 and a rental value of £2,849 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £434,966 and a rental value of £2,523 per month.
Over the last 12 months the sale value of Flat 4 7 Millennium Drive has decreased by an estimated £14,403 (3.1%) and its rental value has increased by an estimated £162 per month (6.0%), giving an expected gross yield of 7%.
According to HM Land Registry, Flat 4, 7, Millennium Drive was last sold on 25th April 2008 for £410,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since April 2008, the market for similar properties has risen 23.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, 7, Millennium Drive within a radius of 430 metres over the last 2 years.
The most recent example is 43, Schooner Close, London, E14 3GG, a leasehold flat which sold for £460,000 on the 13th November 2024.
Read more about house prices in E14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Millennium Drive, London, E14 has a total of 208 addresses. According to our analysis of all the public data, Flat 4, 7, Millennium Drive is the 71st largest and the 56th most expensive property on the street.
When compared to the postcode district it is £5k less expensive than the average property in E14.
The nearest school is Cubitt Town Primary School which is 372 metres away. The nearest train station is Crossharbour which is 700 metres away.
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