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According to the public record, Flat 407, 3, Merino Gardens is a modern apartment with 430 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 407, 3, Merino Gardens is £571,501 and the estimated rental value is £2,387 per month.
The apartment is within 3, Merino Gardens, London, E1.
Merino Gardens, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Flat 407, 3, Merino Gardens has no records in the the Land Registry and a single entry in the EPC database dated May 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 407, 3, Merino Gardens is in very good condition we estimate a sale value of £600,076 and a rental value of £2,507 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £531,496 and a rental value of £2,220 per month.
Over the last 12 months the sale value of Flat 407 3 Merino Gardens has decreased by an estimated £17,721 (3.1%) and its rental value has increased by an estimated £124 per month (5.2%), giving an expected gross yield of 5%.
Flat 407, 3, Merino Gardens has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 May 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 407, 3, Merino Gardens within a radius of 250 metres over the last 2 years.
The most recent example is Apartment 309, 4, Merino Gardens, London, E1W 2DS, a leasehold flat which sold for £745,000 on the 19th May 2025.
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 407, 3, Merino Gardens is the 375th largest and the 372nd most expensive property on the street.
When compared to the postcode district it is £56k more expensive than the average property in E1.
The nearest school is Mulberry Academy London Dock which is 200 metres away. The nearest train station is Shadwell which is 600 metres away.
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