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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Flat 40, 86, Wapping Lane is a modern apartment with 1,130 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 40, 86, Wapping Lane is £653,380 and the estimated rental value is £3,404 per month.
The apartment is within 86, Wapping Lane, London, E1.
Wapping Lane, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Flat 40, 86, Wapping Lane has no recent1 records in the the Land Registry and a single entry in the EPC database dated April 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 40, 86, Wapping Lane is in very good condition we estimate a sale value of £686,049 and a rental value of £3,575 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £607,643 and a rental value of £3,166 per month.
Over the last 12 months the sale value of Flat 40 86 Wapping Lane has decreased by an estimated £19,909 (3.0%) and its rental value has increased by an estimated £223 per month (6.5%), giving an expected gross yield of 6.3%.
Flat 40, 86, Wapping Lane has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Apr 2020.
The property is not connected to mains gas and has partial double glazing. It is heated using Electric ceiling heating.
According to HM Land Registry, Flat 40, 86, Wapping Lane was last sold on 18th April 1997 for £162,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 40, 86, Wapping Lane within a radius of 310 metres over the last 2 years.
The most recent example is Flat 62, 86, Wapping Lane, London, E1W 2RX, a leasehold flat which sold for £590,000 on the 29th September 2022.
Read more about house prices in E1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wapping Lane, London, E1 has a total of 246 addresses. According to our analysis of all the public data, Flat 40, 86, Wapping Lane is the 18th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £141k more expensive than the average property in E1.
The nearest school is St Peter's London Docks CofE Primary School which is 242 metres away. The nearest train station is Wapping which is 100 metres away.
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