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According to the public record, Flat 9, 86, Wapping Lane is a modern leasehold apartment with 688 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 9, 86, Wapping Lane is £470,131 and the estimated rental value is £2,630 per month.
The apartment is within 86, Wapping Lane, London, E1.
Wapping Lane, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Flat 9, 86, Wapping Lane has 31 entries in the Land Registry , most recently in May 2019 and a single entry in the EPC database dated April 2017.
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 9, 86, Wapping Lane is in very good condition we estimate a sale value of £493,637 and a rental value of £2,762 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £437,222 and a rental value of £2,446 per month.
Over the last 12 months the sale value of Flat 9 86 Wapping Lane has decreased by an estimated £14,891 (3.2%) and its rental value has increased by an estimated £177 per month (6.7%), giving an expected gross yield of 6.7%.
Flat 9, 86, Wapping Lane has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Apr 2017.
The property is not connected to mains gas and has single glazed windows. It is heated using Electric ceiling heating, electric.
According to HM Land Registry, Flat 9, 86, Wapping Lane was last sold on 17th May 2019 for £440,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since May 2019, the market for similar properties has dropped 26.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 9, 86, Wapping Lane within a radius of 310 metres over the last 2 years.
The most recent example is Flat 56, 86, Wapping Lane, London, E1W 2RX, a leasehold flat which sold for £260,000 on the 16th October 2024.
Read more about house prices in E1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wapping Lane, London, E1 has a total of 246 addresses. According to our analysis of all the public data, Flat 9, 86, Wapping Lane is the 106th largest and the 94th most expensive property on the street.
When compared to the postcode district it is £42k less expensive than the average property in E1.
The nearest school is St Peter's London Docks CofE Primary School which is 242 metres away. The nearest train station is Wapping which is 100 metres away.
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