Flat 53, Wheel House 1
Flat 53, Wheel House 1
Description & Estimates
Flat 53, Wheel House 1 appears in the public record as a leasehold apartment.
By comparing it to nearby properties, we estimate it to be a modern apartment with 697 ft2 of internal area and a balcony.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 53, Wheel House 1 is £470,475 and its rental estimate is £2,776 per month, given the available information and assuming reasonable condition.
Wheel House, Burrells Wharf Square is a residential building on Burrells Wharf Square, London, E14 and falls within the E14 postal district and the London Borough of Tower Hamlets.
Our Data Sources
Flat 53, Wheel House 1 has 41 entries in the Land Registry , most recently in September 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
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 53, Wheel House 1, we estimate a market value of £493,999 and a rental value of £2,915 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £437,542 and £2,582 per month respectively.
Recent Market Change
Over the last year, Flat 53, Wheel House 1 has seen its estimated sale value decrease by £18,863 (4.0%) and its estimated rental value grow by £123 per month (4.4%). This results in an estimated gross rental yield of 7.1%.
Sold Prices
The most recent sale of Flat 53, Wheel House 1 completed on 23rd September 2008 at £330,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 44.2% over the period since September 2008.
- Sold Sep 2008£330,000
- Sold Dec 2001£225,000
- Sold Dec 1999£121,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 53, Wheel House 1 have sold within a radius of 350 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 2nd December 2025, was Flat 56, Wheel House 1, Burrells Wharf Square, London, E14 3TB, a leasehold flat which sold for £360,000.
Read more about house prices in E14.
- Sold Dec 2025£360,000 | 2 Bed FlatWheel House 1, Burrells Wharf SquareFlat 56, Wheel House 1, Burrells Wharf Square, London, E14 3TB
- Sold Oct 2025£517,000 | 2 Bed FlatWheel House 1, Burrells Wharf SquareFlat 26, Wheel House 1, Burrells Wharf Square, London, E14 3TA
- Sold Aug 2022£480,000 | 2 Bed FlatChart House 6, Burrells Wharf SquareFlat 212, Chart House 6, Burrells Wharf Square, London, E14 3TN
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 348 addresses on Burrells Wharf Square, London, E14, Flat 53, Wheel House 1 comes out as the 144th largest and the 114th most expensive in our analysis of the public data.
It is also £4k less expensive than the average property across the E14 district.
More reading links
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
From Flat 53, Wheel House 1, the nearest station is Mudchute, 600 metres away.
- 600mMudchute
- 700mIsland Gardens
- 900mCutty Sark for Maritime Greenwich
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
