Flat 5, 3
Flat 5, 3
Description & Estimates
According to the public record, Flat 5, 3, Wellington Way is a period leasehold apartment with 818 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 5, 3, Wellington Way is £439,313 and the estimated rental value is £2,654 per month.
The apartment is within 3, Wellington Way, London, E3.
Wellington Way, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Our Data Sources
Flat 5, 3, Wellington Way has 31 entries in the Land Registry , most recently in September 2021 and a single entry in the EPC database dated July 2021.
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.
Price Range & Condition
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 5, 3, Wellington Way is in very good condition we estimate a sale value of £461,278 and a rental value of £2,787 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £408,561 and a rental value of £2,469 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 5, 3, Wellington Way has moved down by £8,444 (1.9%), while its estimated rental value has increased by £142 per month (5.4%). Based on current estimates, the property offers a gross rental yield of 7.3%.
Energy Efficiency
Flat 5, 3, Wellington Way has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Jul 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Flat 5, 3, Wellington Way was last sold on 30th September 2021 for £528,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since September 2021, the market for similar properties has dropped by 6.6%.
- Sold Sep 2021£528,000
- Sold Sep 2012£250,000
- Sold Jul 1998£78,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, 3, Wellington Way within a radius of 300 metres over the last 2 years.
The most recent example is 21, Kira Building 18, Bow Road, London, E3 4NZ, a leasehold flat which sold for £460,000 on the 6th September 2024.
Read more about house prices in E3.
- Sold Sep 2024£460,000 | 2 Bed FlatKira Building 18, Bow Road21, Kira Building 18, Bow Road, London, E3 4NZ
- Sold Aug 2024£445,000 | 2 Bed FlatMerchant Street11 Clematis Apartments, Merchant Street, London, E3 4PQ
- Sold Jul 2023£433,000 | 2 Bed FlatMerchant Street18 Maha Building, Merchant Street, London, E3 4PZ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Wellington Way, London, E3 has a total of 431 addresses. According to our analysis of all the public data, Flat 5, 3, Wellington Way is the 102nd largest and the 27th most expensive property on the street.
When compared to the postcode district it is £6k less expensive than the average property in E3.
More reading links
Schools Nearby
- 0mWellington Primary School
- 400mMalmesbury Primary School
- 500mSt Agnes RC Primary School
- 300mCentral Foundation Girls' School
- 1.0kmMulberry UTC
- 1.1kmBow School
More reading links
Public Transport Nearby
The closest station to Flat 5, 3, Wellington Way is Bow Road station, which is 100 metres away.
- 100mBow Road
- 300mBow Church
- 600mMile End
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
