Flat 502, Greenway Building 349
Flat 502, Greenway Building 349
Description & Estimates
Public records show Flat 502, Greenway Building 349 to be a modern leasehold apartment with 538 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 502, Greenway Building 349 has an estimated sale value of £106,492 and an estimated rental value of £680 per month, assuming reasonable condition and based on the information available.
The apartment sits within Greenway Building, Wick Lane, London, E3.
Wick Lane, London, E3 lies in the borough of Tower Hamlets, within the E3 postal district.
Our Data Sources
Flat 502, Greenway Building 349 has a single entry in the Land Registry from May 2022 and a single entry in the EPC database dated August 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Flat 502, Greenway Building 349 would be worth £111,817, with a potential rental value of £714 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £99,038, with a rental value of £632 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 502, Greenway Building 349 has decreased by £2,846 (2.7%) over the last year. During the same period, its estimated monthly rental value has grown by £31 (4.6%). The property's estimated gross yield is currently 7.7%.
Energy Efficiency
Flat 502, Greenway Building 349 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Aug 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Sold Prices
Flat 502, Greenway Building 349 last changed hands on 19th May 2022, selling for £102,500. 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 5.3% since May 2022.
- Sold May 2022£102,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 330 metres of Flat 502, Greenway Building 349 across the last 2 years.
Most recently, Flat 505, Greenway Building 349, Wick Lane, London, E3 2BX, a leasehold flat, sold at £127,500 on the 7th October 2021.
Read more about house prices in E3.
•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 502, Greenway Building 349 as the 297th largest and the 350th most expensive of the 354 addresses on Wick Lane, London, E3.
Against the E3 postcode district average, it is £339k less expensive than the typical property.
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Schools Nearby
- 700mOld Ford Primary - A Paradigm Academy
- 900mMossbourne Riverside Academy
- 1.0kmGainsborough Primary School
- 300mMulberry UTC
- 1.1kmCentral Foundation Girls' School
- 1.3kmMossbourne Victoria Park Academy
More reading links
Public Transport Nearby
Hackney Wick station is the nearest stop to Flat 502, Greenway Building 349 at 700 metres away.
- 700mHackney Wick
- 800mPudding Mill Lane
- 1.1kmBow Church
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
