Flat 502, Skein Court 5
Flat 502, Skein Court 5
Description & Estimates
Flat 502, Skein Court 5 is recorded publicly as a modern leasehold apartment across 667 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 502, Skein Court 5 is £429,455 and its rental estimate is £2,261 per month, given the available information and assuming reasonable condition.
Skein Court, Gresham Place is a residential building on Gresham Place, London, E3 and falls within the E3 postal district and the London Borough of Tower Hamlets.
Our Data Sources
Flat 502, Skein Court 5 has 2 entries in the Land Registry , most recently in October 2019 and a single entry in the EPC database dated January 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 502, Skein Court 5, we estimate a market value of £450,928 and a rental value of £2,374 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £399,393 and £2,103 per month respectively.
Recent Market Change
Over the last year, Flat 502, Skein Court 5 has seen its estimated sale value decline by £13,856 (3.2%) and its estimated rental value climb by £99 per month (4.4%). This results in an estimated gross rental yield of 6.3%.
Energy Efficiency
Flat 502, Skein Court 5 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Jan 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Sold Prices
The most recent sale of Flat 502, Skein Court 5 completed on 31st October 2019 at £464,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 0.1% over the period since October 2019.
- Sold Oct 2019£464,000
- Sold Feb 2017£485,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 502, Skein Court 5 have sold within a radius of 300 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th December 2025, was Flat 202, Skein Court 5, Gresham Place, London, E3 4SB, a leasehold flat which sold for £437,000.
Read more about house prices in E3.
- Sold Dec 2025£437,000 | 2 Bed FlatSkein Court 5, Gresham PlaceFlat 202, Skein Court 5, Gresham Place, London, E3 4SB
- Sold Dec 2024£450,000 | 2 Bed FlatSkein Court 5, Gresham PlaceFlat 504, Skein Court 5, Gresham Place, London, E3 4SB
- Sold Dec 2022£475,000 | 2 Bed FlatSkein Court 5, Gresham PlaceFlat 402, Skein Court 5, Gresham Place, London, E3 4SB
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 48 addresses on Gresham Place, London, E3, Flat 502, Skein Court 5 comes out as the 22nd largest and the 27th most expensive in our analysis of the public data.
It is also £16k less expensive than the average property across the E3 district.
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Schools Nearby
- 300mSt Paul With St Luke CofE Primary Federation
- 300mStebon Primary School
- 500mThe Clara Grant Primary School
- 900mCentral Foundation Girls' School
- 1.1kmLangdon Park Community School
- 1.2kmMulberry Stepney Green Mathematics and Computing College
More reading links
Public Transport Nearby
From Flat 502, Skein Court 5, the nearest station is Devons Road, 700 metres away.
- 700mDevons Road
- 800mMile End
- 800mBow Road
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
