Flat 5, Spice Court
Flat 5, Spice Court
Description & Estimates
Public records show Flat 5, Spice Court to be a modern leasehold apartment with 990 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms with a balcony.
Flat 5, Spice Court has an estimated sale value of £670,355 and an estimated rental value of £3,419 per month, assuming reasonable condition and based on the information available.
The apartment sits within Spice Court, Asher Way, London, E1.
Asher Way, London, E1 lies in the borough of Tower Hamlets, within the E1 postal district.
Our Data Sources
Flat 5, Spice Court has 21 entries in the Land Registry , most recently in September 2007 and a single entry in the EPC database dated July 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.
Price Range & Condition
In very good condition, we estimate Flat 5, Spice Court would be worth £703,873, with a potential rental value of £3,590 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £623,430, with a rental value of £3,180 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 5, Spice Court has dropped by £22,193 (3.3%) over the last year. During the same period, its estimated monthly rental value has risen by £174 (5.1%). The property's estimated gross yield is currently 6.1%.
Energy Efficiency
Flat 5, Spice Court has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Jul 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 5, Spice Court last changed hands on 14th September 2007, selling for £420,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 9.6% since September 2007.
- Sold Sep 2007£420,000
- Sold Jul 1998£150,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 240 metres of Flat 5, Spice Court across the last 2 years.
Most recently, Flat 28, Spice Court, Asher Way, London, E1W 2JD, a leasehold flat, sold at £745,000 on the 2nd December 2022.
Read more about house prices in E1.
- Sold Dec 2022£745,000 | 3 Bed FlatSpice Court, Asher WayFlat 28, Spice Court, Asher Way, London, E1W 2JD
- Sold Nov 2022£795,000 | 3 Bed FlatSpice Court, Asher WayFlat 47, Spice Court, Asher Way, London, E1W 2JD
- Sold Sep 2021£730,000 | 3 Bed FlatSpice Court, Asher WayFlat 22, Spice Court, Asher Way, London, E1W 2JD
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 5, Spice Court as the 56th largest and the 41st most expensive of the 238 addresses on Asher Way, London, E1.
Against the E1 postcode district average, it is £155k more expensive than the typical property.
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Schools Nearby
- 200mHermitage Primary School
- 300mSt Paul's Whitechapel Church of England Primary School
- 700mSt Peter's London Docks CofE Primary School
- 200mMulberry Academy London Dock
- 800mMulberry School for Girls
- 900mLondon Enterprise Academy
More reading links
Public Transport Nearby
Shadwell station is the nearest stop to Flat 5, Spice Court at 600 metres away.
- 600mShadwell
- 700mWapping
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
