Flat 73, Wheel House 1
Flat 73, Wheel House 1
Description & Estimates
Flat 73, Wheel House 1 is recorded publicly as a modern leasehold apartment across 1,313 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a balcony.
Our estimate of the sale value of Flat 73, Wheel House 1 is £700,702 and its rental estimate is £4,027 per month, given the available information and assuming reasonable condition.
Wheel House, Burrells Wharf Square is a residential building on Burrells Wharf Square, London, E14 and falls within the E14 postal district and the London Borough of Tower Hamlets.
Our Data Sources
Flat 73, Wheel House 1 has a single entry in the Land Registry from April 2007 and a single entry in the EPC database dated May 2024.
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 73, Wheel House 1, we estimate a market value of £735,737 and a rental value of £4,228 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £651,652 and £3,745 per month respectively.
Recent Market Change
Over the last year, Flat 73, Wheel House 1 has seen its estimated sale value move down by £28,645 (4.1%) and its estimated rental value increase by £209 per month (5.2%). This results in an estimated gross rental yield of 6.9%.
Energy Efficiency
Flat 73, Wheel House 1 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 May 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
Sold Prices
The most recent sale of Flat 73, Wheel House 1 completed on 2nd April 2007 at £575,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 53.8% over the period since April 2007.
- Sold Apr 2007£575,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 73, Wheel House 1 have sold within a radius of 350 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd September 2021, was Flat 74, Wheel House 1, Burrells Wharf Square, London, E14 3TB, a leasehold flat which sold for £850,000.
Read more about house prices in E14.
- Sold Sep 2021£850,000 | 3 Bed FlatWheel House 1, Burrells Wharf SquareFlat 74, Wheel House 1, Burrells Wharf Square, London, E14 3TB
- Sold Aug 2021£1,025,000 | 3 Bed FlatChart House 6, Burrells Wharf SquareFlat 803, Chart House 6, Burrells Wharf Square, London, E14 3TW
- Sold Jun 2013£670,000 | 3 Bed FlatWheel House 1, Burrells Wharf SquareFlat 78, Wheel House 1, Burrells Wharf Square, London, E14 3TB
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 348 addresses on Burrells Wharf Square, London, E14, Flat 73, Wheel House 1 comes out as the 7th largest and the 6th most expensive in our analysis of the public data.
It is also £226k more expensive than the average property across the E14 district.
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Schools Nearby
- 200mHarbinger Primary School
- 400mSt Edmund's Catholic School
- 500mCanary Wharf College, East Ferry
- 900mCanary Wharf College Crossharbour
- 900mGeorge Green's School
- 1.5kmDeptford Green School
More reading links
Public Transport Nearby
From Flat 73, Wheel House 1, the nearest station is Mudchute, 600 metres away.
- 600mMudchute
- 700mIsland Gardens
- 900mCutty Sark for Maritime Greenwich
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
