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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 49, Arnhem Wharf 2 is £482,429 and the estimated rental value is £2,831 per month.
The apartment is within Arnhem Wharf, Arnhem Place, London, E14.
Arnhem Place, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 49, Arnhem Wharf 2 has 21 entries in the Land Registry , most recently in November 2007 and a single entry in the EPC database dated August 2023.
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 49, Arnhem Wharf 2 is in very good condition we estimate a sale value of £506,550 and a rental value of £2,973 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £448,659 and a rental value of £2,633 per month.
Over the last 12 months the sale value of Flat 49 Arnhem Wharf 2 has decreased by an estimated £19,342 (4.0%) and its rental value has increased by an estimated £126 per month (4.4%), giving an expected gross yield of 7%.
Flat 49, Arnhem Wharf 2 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Aug 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, Flat 49, Arnhem Wharf 2 was last sold on 30th November 2007 for £337,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since November 2007, the market for similar properties has risen 29.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 49, Arnhem Wharf 2 within a radius of 430 metres over the last 2 years.
The most recent example is Flat 37, Arnhem Wharf 2, Arnhem Place, London, E14 3RU, a leasehold flat which sold for £475,000 on the 29th April 2022.
Read more about house prices in E14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Arnhem Place, London, E14 has a total of 214 addresses. According to our analysis of all the public data, Flat 49, Arnhem Wharf 2 is the 162nd largest and the 160th most expensive property on the street.
When compared to the postcode district it is £7k more expensive than the average property in E14.
The nearest school is Arnhem Wharf Primary School which is 100 metres away. The nearest train station is Crossharbour which is 900 metres away.
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