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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 403, 1, Merino Gardens is a modern leasehold apartment with 828 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 403, 1, Merino Gardens is £1,049,766 and the estimated rental value is £4,134 per month.
The apartment is within 1, Merino Gardens, London, E1.
Merino Gardens, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Flat 403, 1, Merino Gardens has a single entry in the Land Registry from August 2022 and a single entry in the EPC database dated June 2022.
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 403, 1, Merino Gardens is in very good condition we estimate a sale value of £1,102,254 and a rental value of £4,341 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £976,282 and a rental value of £3,845 per month.
Over the last 12 months the sale value of Flat 403 1 Merino Gardens has decreased by an estimated £32,793 (3.1%) and its rental value has increased by an estimated £208 per month (5.0%), giving an expected gross yield of 4.7%.
Flat 403, 1, Merino Gardens has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Jun 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
According to HM Land Registry, Flat 403, 1, Merino Gardens was last sold on 15th August 2022 for £1,168,750 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2022, the market for similar properties has dropped 51.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 403, 1, Merino Gardens within a radius of 250 metres over the last 2 years.
The most recent example is Apartment 1404, 2, Merino Gardens, London, E1W 2DR, a leasehold flat which sold for £1,245,900 on the 7th October 2024.
Read more about house prices in E1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Merino Gardens, London, E1 has a total of 381 addresses. According to our analysis of all the public data, Flat 403, 1, Merino Gardens is the 190th largest and the 189th most expensive property on the street.
When compared to the postcode district it is £534k more expensive than the average property in E1.
The nearest school is Mulberry Academy London Dock which is 100 metres away. The nearest train station is Shadwell which is 600 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
