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According to the public record, Flat 50, 8, New Crane Place is a period apartment with 882 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 50, 8, New Crane Place is £545,098 and the estimated rental value is £3,092 per month.
The apartment is within 8, New Crane Place, London, E1.
New Crane Place, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Flat 50, 8, New Crane Place has no records in the the Land Registry and a single entry in the EPC database dated June 2021.
We combine this information with public data 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 50, 8, New Crane Place is in very good condition we estimate a sale value of £572,353 and a rental value of £3,247 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £506,941 and a rental value of £2,876 per month.
Over the last 12 months the sale value of Flat 50 8 New Crane Place has decreased by an estimated £17,595 (3.2%) and its rental value has increased by an estimated £153 per month (5.0%), giving an expected gross yield of 6.8%.
Flat 50, 8, New Crane Place has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Jun 2021.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 50, 8, New Crane Place within a radius of 310 metres over the last 2 years.
The most recent example is Flat 23, 4, New Crane Place, London, E1W 3TS, a leasehold flat which sold for £595,000 on the 26th March 2024.
Read more about house prices in E1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
New Crane Place, London, E1 has a total of 137 addresses. According to our analysis of all the public data, Flat 50, 8, New Crane Place is the 72nd largest and the 83rd most expensive property on the street.
When compared to the postcode district it is £30k more expensive than the average property in E1.
The nearest school is St Peter's London Docks CofE Primary School which is 100 metres away. The nearest train station is Wapping which is 200 metres away.
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