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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Flat 87, Ability Place 37 is a modern leasehold apartment with 807 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 87, Ability Place 37 is £500,377 and the estimated rental value is £2,763 per month.
The apartment is within Ability Place, Millharbour, London, E14.
Millharbour, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 87, Ability Place 37 has a single entry in the Land Registry from March 2011 and a single entry in the EPC database dated September 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 87, Ability Place 37 is in very good condition we estimate a sale value of £525,396 and a rental value of £2,901 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £465,350 and a rental value of £2,569 per month.
Over the last 12 months the sale value of Flat 87 Ability Place 37 has decreased by an estimated £16,269 (3.3%) and its rental value has increased by an estimated £143 per month (5.2%), giving an expected gross yield of 6.6%.
Flat 87, Ability Place 37 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Sep 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric underfloor heating.
According to HM Land Registry, Flat 87, Ability Place 37 was last sold on 18th March 2011 for £345,000 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 20.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 87, Ability Place 37 within a radius of 140 metres over the last 2 years.
The most recent example is Flat 268, Ability Place 37, Millharbour, London, E14 9DF, a leasehold flat which sold for £545,000 on the 29th August 2023.
Read more about house prices in E14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Millharbour, London, E14 has a total of 1137 addresses. According to our analysis of all the public data, Flat 87, Ability Place 37 is the 190th largest and the 160th most expensive property on the street.
When compared to the postcode district it is £28k more expensive than the average property in E14.
The nearest school is Seven Mills Primary School which is 408 metres away. The nearest train station is South Quay which is 200 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
