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According to the public record, Flat 88, 11, New Crane Place is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 899 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 88, 11, New Crane Place is £646,405 and the estimated rental value is £3,279 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 88, 11, New Crane Place has a single entry in the Land Registry from July 2008 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 88, 11, New Crane Place is in very good condition we estimate a sale value of £678,725 and a rental value of £3,443 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £601,156 and a rental value of £3,050 per month.
Over the last 12 months the sale value of Flat 88 11 New Crane Place has decreased by an estimated £20,865 (3.2%) and its rental value has increased by an estimated £163 per month (5.0%), giving an expected gross yield of 6.1%.
According to HM Land Registry, Flat 88, 11, New Crane Place was last sold on 14th July 2008 for £512,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2008, the market for similar properties has risen 10.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 88, 11, New Crane Place within a radius of 310 metres over the last 2 years.
The most recent example is Flat 123, 14, New Crane Place, London, E1W 3TU, a leasehold flat which sold for £700,000 on the 13th September 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 88, 11, New Crane Place is the 71st largest and the 51st most expensive property on the street.
When compared to the postcode district it is £131k 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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