Flat 61, Galaxy Building 5
Flat 61, Galaxy Building 5
Description & Estimates
Flat 61, Galaxy Building 5 is recorded publicly as a modern leasehold apartment across 764 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 61, Galaxy Building 5 is £426,523 and its rental estimate is £2,493 per month, given the available information and assuming reasonable condition.
Galaxy Building, Crews Street is a residential building on Crews Street, London, E14 and falls within the E14 postal district and the London Borough of Tower Hamlets.
Our Data Sources
Flat 61, Galaxy Building 5 has 41 entries in the Land Registry , most recently in December 2024 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 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 61, Galaxy Building 5, we estimate a market value of £447,849 and a rental value of £2,617 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £396,666 and £2,318 per month respectively.
Recent Market Change
Over the last year, Flat 61, Galaxy Building 5 has seen its estimated sale value decline by £17,101 (4.0%) and its estimated rental value climb by £111 per month (4.4%). This results in an estimated gross rental yield of 7.0%.
Energy Efficiency
Flat 61, Galaxy Building 5 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Aug 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric underfloor heating.
Sold Prices
The most recent sale of Flat 61, Galaxy Building 5 completed on 17th December 2024 at £373,850 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have dropped by 8.3% over the period since December 2024.
- Sold Dec 2024£373,850
- Sold Feb 2018£425,000
- Sold Sep 2010£245,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 61, Galaxy Building 5 have sold within a radius of 380 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 5th April 2024, was 85 Orion Point 7, Crews Street, London, E14 3TX, a leasehold flat which sold for £350,000.
Read more about house prices in E14.
- Sold Apr 2024£350,000 | 2 Bed FlatCrews Street85 Orion Point 7, Crews Street, London, E14 3TX
- Sold Oct 2022£382,500 | 2 Bed FlatGalaxy Building 5, Crews StreetFlat 43, Galaxy Building 5, Crews Street, London, E14 3SP
- Sold Dec 2021£378,000 | 2 Bed FlatGalaxy Building 5, Crews StreetFlat 36, Galaxy Building 5, Crews Street, London, E14 3SP
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 191 addresses on Crews Street, London, E14, Flat 61, Galaxy Building 5 comes out as the 106th largest and the 108th most expensive in our analysis of the public data.
It is also £48k less expensive than the average property across the E14 district.
More reading links
Schools Nearby
- 200mSt Edmund's Catholic School
- 400mArnhem Wharf Primary School
- 500mHarbinger Primary School
- 800mCanary Wharf College Crossharbour
- 1.3kmGeorge Green's School
- 1.6kmBacon's College
More reading links
Public Transport Nearby
From Flat 61, Galaxy Building 5, the nearest station is Mudchute, 800 metres away.
- 800mMudchute
- 900mCrossharbour
- 1.1kmSouth Quay
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
