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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
According to the public record, Flat 42, 86, Wapping Lane is a modern leasehold apartment with 678 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 42, 86, Wapping Lane is £465,466 and the estimated rental value is £2,611 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 42, 86, Wapping Lane has 31 entries in the Land Registry , most recently in February 2022 and a single entry in the EPC database dated August 2020.
We combine this information with that 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 42, 86, Wapping Lane is in very good condition we estimate a sale value of £488,740 and a rental value of £2,741 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £432,884 and a rental value of £2,428 per month.
Over the last 12 months the sale value of Flat 42 86 Wapping Lane has decreased by an estimated £14,743 (3.2%) and its rental value has increased by an estimated £175 per month (6.7%), giving an expected gross yield of 6.7%.
Flat 42, 86, Wapping Lane has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 20 Aug 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 42, 86, Wapping Lane was last sold on 8th February 2022 for £500,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since February 2022, the market for similar properties has dropped 25.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 42, 86, Wapping Lane within a radius of 310 metres over the last 2 years.
The most recent example is Flat 56, 86, Wapping Lane, London, E1W 2RX, a leasehold flat which sold for £260,000 on the 16th October 2024.
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 42, 86, Wapping Lane is the 115th largest and the 100th most expensive property on the street.
When compared to the postcode district it is £47k less 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.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
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