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According to the public record, Flat 7, 61, Wapping Wall is a modern leasehold apartment with 828 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 7, 61, Wapping Wall is £724,694 and the estimated rental value is £3,048 per month.
The apartment is within 61, Wapping Wall, London, E1.
Wapping Wall, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Flat 7, 61, Wapping Wall has 21 entries in the Land Registry , most recently in June 2009 and a single entry in the EPC database dated December 2019.
We combine this information with that 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.
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 7, 61, Wapping Wall is in very good condition we estimate a sale value of £760,928 and a rental value of £3,200 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £673,965 and a rental value of £2,834 per month.
Over the last 12 months the sale value of Flat 7 61 Wapping Wall has decreased by an estimated £22,954 (3.2%) and its rental value has increased by an estimated £205 per month (6.7%), giving an expected gross yield of 5%.
Flat 7, 61, Wapping Wall has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Dec 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 7, 61, Wapping Wall was last sold on 24th June 2009 for £325,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since June 2009, the market for similar properties has risen 22.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, 61, Wapping Wall within a radius of 400 metres over the last 2 years.
The most recent example is Flat 20, Trafalgar Court, Wapping Wall, London, E1W 3TF, a leasehold flat which sold for £825,000 on the 11th October 2024.
Read more about house prices in E1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wapping Wall, London, E1 has a total of 290 addresses. According to our analysis of all the public data, Flat 7, 61, Wapping Wall is the 171st largest and the 141st most expensive property on the street.
When compared to the postcode district it is £212k more expensive than the average property in E1.
The nearest school is St Peter's London Docks CofE Primary School which is 237 metres away. The nearest train station is Wapping which is 400 metres away.
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