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According to the public record, Flat 412, 3, Merino Gardens is a modern leasehold 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 412, 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 412, 3, Merino Gardens has a single entry in the Land Registry from June 2022 and a single entry in the EPC database dated May 2022.
We combine this information with that 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 412, 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 412 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 412, 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 HM Land Registry, Flat 412, 3, Merino Gardens was last sold on 29th June 2022 for £664,450 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2022, the market for similar properties has dropped 41.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 412, 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 412, 3, Merino Gardens is the 374th largest and the 371st 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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