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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, Sheppard House is £521,783 and the estimated rental value is £3,063 per month.
The apartment is within Sheppard House, Warner Place, London, E2.
Warner Place, London, E2 is located in the borough of Tower Hamlets within the E2 postal district.
Flat 40, Sheppard House has 31 entries in the Land Registry , most recently in August 2018 and a single entry in the EPC database dated December 2014.
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 40, Sheppard House is in very good condition we estimate a sale value of £547,872 and a rental value of £3,216 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £485,258 and a rental value of £2,849 per month.
Over the last 12 months the sale value of Flat 40 Sheppard House has decreased by an estimated £14,560 (2.8%) and its rental value has increased by an estimated £166 per month (5.4%), giving an expected gross yield of 7%.
Flat 40, Sheppard House has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Dec 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 40, Sheppard House was last sold on 23rd August 2018 for £499,620 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since August 2018, the market for similar properties has risen 34.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 40, Sheppard House within a radius of 260 metres over the last 2 years.
The most recent example is Flat 16, George Vale House, Mansford Street, London, E2 7AN, a leasehold flat which sold for £495,000 on the 23rd August 2024.
Read more about house prices in E2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Warner Place, London, E2 has a total of 105 addresses. According to our analysis of all the public data, Flat 40, Sheppard House is the 18th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £12k more expensive than the average property in E2.
The nearest school is Elizabeth Selby Infants' School which is 272 metres away. The nearest train station is Cambridge Heath which is 600 metres away.
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