Flat 50, Wheel House 1
Flat 50, Wheel House 1
Description & Estimates
The public record lists Flat 50, Wheel House 1 as a leasehold apartment.
Comparison with its neighbours suggests a modern apartment with 780 ft2 of internal area and a balcony.
In this area, apartments of this size normally have 2 bedrooms.
Flat 50, Wheel House 1 has an estimated sale value of £502,498 and an estimated rental value of £2,930 per month, assuming reasonable condition and based on the information available.
The apartment sits within Wheel House, Burrells Wharf Square, London, E14.
Burrells Wharf Square, London, E14 lies in the borough of Tower Hamlets, within the E14 postal district.
Our Data Sources
Flat 50, Wheel House 1 has a single entry in the Land Registry from July 2008 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 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate Flat 50, Wheel House 1 would be worth £527,623, with a potential rental value of £3,076 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £467,324, with a rental value of £2,725 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 50, Wheel House 1 has fallen by £20,147 (4.0%) over the last year. During the same period, its estimated monthly rental value has moved up by £130 (4.4%). The property's estimated gross yield is currently 7.0%.
Sold Prices
Flat 50, Wheel House 1 last changed hands on 4th July 2008, selling for £389,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 38.5% since July 2008.
- Sold Jul 2008£389,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 350 metres of Flat 50, Wheel House 1 across the last 2 years.
Most recently, Flat 26, Wheel House 1, Burrells Wharf Square, London, E14 3TA, a leasehold flat, sold at £517,000 on the 3rd October 2025.
Read more about house prices in E14.
- Sold Oct 2025£517,000 | 2 Bed FlatWheel House 1, Burrells Wharf SquareFlat 26, Wheel House 1, Burrells Wharf Square, London, E14 3TA
- Sold Mar 2025£540,000 | 2 Bed FlatChart House 6, Burrells Wharf SquareFlat 606, Chart House 6, Burrells Wharf Square, London, E14 3TW
- Sold Aug 2022£555,000 | 2 Bed FlatWheel House 1, Burrells Wharf SquareFlat 16, Wheel House 1, Burrells Wharf Square, London, E14 3TA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 50, Wheel House 1 as the 93rd largest and the 74th most expensive of the 348 addresses on Burrells Wharf Square, London, E14.
Against the E14 postcode district average, it is £28k more expensive than the typical property.
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Schools Nearby
- 200mHarbinger Primary School
- 400mSt Edmund's Catholic School
- 500mCanary Wharf College, East Ferry
- 900mCanary Wharf College Crossharbour
- 900mGeorge Green's School
- 1.5kmDeptford Green School
More reading links
Public Transport Nearby
Mudchute station is the nearest stop to Flat 50, Wheel House 1 at 600 metres away.
- 600mMudchute
- 700mIsland Gardens
- 900mCutty Sark for Maritime Greenwich
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.
