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According to the public record, Flat 82, 11, New Crane Place is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 1,614 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 82, 11, New Crane Place is £977,323 and the estimated rental value is £4,716 per month.
The apartment is within 11, New Crane Place, London, E1.
New Crane Place, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Flat 82, 11, New Crane Place has a single entry in the Land Registry from March 2011 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 82, 11, New Crane Place is in very good condition we estimate a sale value of £1,026,190 and a rental value of £4,951 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £908,911 and a rental value of £4,385 per month.
Over the last 12 months the sale value of Flat 82 11 New Crane Place has decreased by an estimated £31,546 (3.2%) and its rental value has increased by an estimated £234 per month (5.0%), giving an expected gross yield of 5.8%.
According to HM Land Registry, Flat 82, 11, New Crane Place was last sold on 31st March 2011 for £1,490,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2011, the market for similar properties has risen 6.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 82, 11, New Crane Place within a radius of 310 metres over the last 2 years.
The most recent example is Flat 29, Great Jubilee Wharf 78, Wapping Wall, London, E1W 3TH, a leasehold flat which sold for £1,475,000 on the 4th June 2021.
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 82, 11, New Crane Place is the 12th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £462k more expensive than the average property in E1.
The nearest school is St Peter's London Docks CofE Primary School which is 100 metres away. The nearest train station is Wapping which is 200 metres away.
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