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By comparing it to neighbours, we estimate that it is a modern apartment with 839 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 50, 61, Wapping Wall is £732,073 and the estimated rental value is £3,070 per month.
The apartment is within 61, Wapping Wall, London, E1.
Wapping Wall, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Flat 50, 61, Wapping Wall has a single entry in the Land Registry from October 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 50, 61, Wapping Wall is in very good condition we estimate a sale value of £768,677 and a rental value of £3,224 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £680,828 and a rental value of £2,856 per month.
Over the last 12 months the sale value of Flat 50 61 Wapping Wall has decreased by an estimated £23,187 (3.2%) and its rental value has increased by an estimated £206 per month (6.7%), giving an expected gross yield of 5%.
According to HM Land Registry, Flat 50, 61, Wapping Wall was last sold on 19th October 2007 for £477,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since October 2007, the market for similar properties has risen 11.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 50, 61, Wapping Wall within a radius of 400 metres over the last 2 years.
The most recent example is Flat 20, Trafalgar Court, Wapping Wall, London, E1W 3TF, a leasehold flat which sold for £825,000 on the 11th October 2024.
Read more about house prices in E1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wapping Wall, London, E1 has a total of 290 addresses. According to our analysis of all the public data, Flat 50, 61, Wapping Wall is the 168th largest and the 135th most expensive property on the street.
When compared to the postcode district it is £220k more expensive than the average property in E1.
The nearest school is St Peter's London Docks CofE Primary School which is 237 metres away. The nearest train station is Wapping which is 400 metres away.
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