Flat 5, 1
Flat 5, 1
Description & Estimates
Flat 5, 1, Pier Head is described in the public record as a period apartment with 699 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 5, 1, Pier Head is £1,007,749 and its rental estimate is £4,090 per month, given the available information and assuming reasonable condition.
1, Pier Head is a residential building on Pier Head, London, E1 and falls within the E1 postal district and the London Borough of Tower Hamlets.
Our Data Sources
Flat 5, 1, Pier Head has no recent1 records in the the Land Registry and a single entry in the EPC database dated November 2012.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 5, 1, Pier Head, we estimate a market value of £1,058,136 and a rental value of £4,295 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £937,206 and £3,804 per month respectively.
Recent Market Change
Over the last year, Flat 5, 1, Pier Head has seen its estimated sale value drop by £28,104 (2.8%) and its estimated rental value rise by £221 per month (5.4%). This results in an estimated gross rental yield of 4.9%.
Energy Efficiency
Flat 5, 1, Pier Head has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Nov 2012.
The property is not connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 5, 1, Pier Head completed on 2nd April 2004 at £342,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
- Sold Apr 2004£342,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 5, 1, Pier Head have sold within a radius of 400 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th February 2021, was Flat 4, Cinnabar Wharf West 22, Wapping High Street, London, E1W 1NJ, a leasehold flat which sold for £970,000.
Read more about house prices in E1.
- Sold Feb 2021£970,000 | 2 Bed FlatCinnabar Wharf West 22, Wapping High StreetFlat 4, Cinnabar Wharf West 22, Wapping High Street, London, E1W 1NJ
- Sold Dec 2017£1,125,000 | 2 Bed FlatCinnabar Wharf West 22, Wapping High StreetFlat 10, Cinnabar Wharf West 22, Wapping High Street, London, E1W 1NJ
- Sold Sep 2013£767,500 | 2 Bed FlatCinnabar Wharf West 22, Wapping High StreetFlat 1, Cinnabar Wharf West 22, Wapping High Street, London, E1W 1NJ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 37 addresses on Pier Head, London, E1, Flat 5, 1, Pier Head comes out as the 23rd largest and the 20th most expensive in our analysis of the public data.
It is also £492k more expensive than the average property across the E1 district.
More reading links
Schools Nearby
- 300mHermitage Primary School
- 500mRiverside Primary School
- 600mSt Peter's London Docks CofE Primary School
- 600mSt Michael's Catholic College
- 700mMulberry Academy London Dock
- 800mThe Charter School Bermondsey
More reading links
Public Transport Nearby
From Flat 5, 1, Pier Head, the nearest station is Wapping, 400 metres away.
- 400mWapping
- 600mBermondsey
- 700mRotherhithe
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
