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According to the public record, Flat 69, 8, New Crane Place is a period leasehold apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 69, 8, New Crane Place is £374,404 and the estimated rental value is £2,153 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 69, 8, New Crane Place has 21 entries in the Land Registry , most recently in April 2013 and a single entry in the EPC database dated January 2023.
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 69, 8, New Crane Place is in very good condition we estimate a sale value of £393,125 and a rental value of £2,261 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £348,196 and a rental value of £2,003 per month.
Over the last 12 months the sale value of Flat 69 8 New Crane Place has decreased by an estimated £9,773 (2.6%) and its rental value has increased by an estimated £147 per month (6.8%), giving an expected gross yield of 6.9%.
Flat 69, 8, New Crane Place has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Jan 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, Flat 69, 8, New Crane Place was last sold on 19th April 2013 for £320,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since April 2013, the market for similar properties has risen 27.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 69, 8, New Crane Place within a radius of 310 metres over the last 2 years.
The most recent example is Flat 125, 14, New Crane Place, London, E1W 3TU, a leasehold flat which sold for £420,000 on the 8th November 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 69, 8, New Crane Place is the 118th largest and the 128th most expensive property on the street.
When compared to the postcode district it is £138k less expensive than the average property in E1.
The nearest school is St Peter's London Docks CofE Primary School which is 110 metres away. The nearest train station is Wapping which is 200 metres away.
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