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In this area, apartments of this size normally have 2 bedrooms with a balcony.
Flat 605, Headwater Point 2 has an estimated sale value of £481,409 and an estimated rental value of £2,569 per month, assuming reasonable condition and based on the information available.
The apartment sits within Headwater Point, Dipper Drive, London, E3.
Dipper Drive, London, E3 lies in the borough of Tower Hamlets, within the E3 postal district.
Flat 605, Headwater Point 2 has no records in the the Land Registry and a single entry in the EPC database dated June 2021.
We combine this information with public data 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.
In very good condition, we estimate Flat 605, Headwater Point 2 would be worth £505,480, with a potential rental value of £2,697 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £447,710, with a rental value of £2,389 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 605, Headwater Point 2 has fallen by £15,532 (3.2%) over the last year. During the same period, its estimated monthly rental value has moved up by £113 (4.4%). The property's estimated gross yield is currently 6.4%.
Flat 605, Headwater Point 2 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Jun 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 280 metres of Flat 605, Headwater Point 2 across the last 2 years.
Most recently, Flat 47, Marner Point 1, Jefferson Plaza, London, E3 3QB, a leasehold flat, sold at £485,000 on the 30th July 2024.
Read more about house prices in E3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 605, Headwater Point 2 as the 17th largest and the 18th most expensive of the 166 addresses on Dipper Drive, London, E3.
Against the E3 postcode district average, it is £36k more expensive than the typical property.
Bromley-by-Bow station is the nearest stop to Flat 605, Headwater Point 2 at 100 metres away.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 605, Headwater Point 2, % of property is and % is .
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 605, Headwater Point 2, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 605, Headwater Point 2, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 605, Headwater Point 2, there are an average of 0.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.