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According to the public record, Flat 55, 8, New Crane Place is a period leasehold apartment with 688 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 55, 8, New Crane Place is £460,277 and the estimated rental value is £2,646 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 55, 8, New Crane Place has a single entry in the Land Registry from April 2025 and a single entry in the EPC database dated September 2022.
We combine this information with that 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 55, 8, New Crane Place is in very good condition we estimate a sale value of £483,290 and a rental value of £2,779 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £428,057 and a rental value of £2,461 per month.
Over the last 12 months the sale value of Flat 55 8 New Crane Place has decreased by an estimated £12,836 (2.8%) and its rental value has increased by an estimated £143 per month (5.4%), giving an expected gross yield of 6.9%.
Flat 55, 8, New Crane Place has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Sep 2022.
The property is not connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, electric.
According to HM Land Registry, Flat 55, 8, New Crane Place was last sold on 17th April 2025 for £465,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since April 2025, the market for similar properties has dropped 12.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 55, 8, New Crane Place within a radius of 310 metres over the last 2 years.
The most recent example is Flat 21, 4, New Crane Place, London, E1W 3TS, a leasehold flat which sold for £505,000 on the 29th October 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 55, 8, New Crane Place is the 89th largest and the 96th most expensive property on the street.
When compared to the postcode district it is £55k less 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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