Flat 902, Granger House 18
Flat 902, Granger House 18
Description & Estimates
Flat 902, Granger House 18 is recorded publicly as a modern leasehold apartment across 807 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 902, Granger House 18 is £511,269 and its rental estimate is £2,925 per month, given the available information and assuming reasonable condition.
Granger House, New Union Close is a residential building on New Union Close, London, E14 and falls within the E14 postal district and the London Borough of Tower Hamlets.
Our Data Sources
Flat 902, Granger House 18 has a single entry in the Land Registry from October 2022 and a single entry in the EPC database dated May 2022.
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.
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 902, Granger House 18, we estimate a market value of £536,833 and a rental value of £3,072 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £475,480 and £2,721 per month respectively.
Recent Market Change
Over the last year, Flat 902, Granger House 18 has seen its estimated sale value decline by £18,971 (3.7%) and its estimated rental value climb by £125 per month (4.3%). This results in an estimated gross rental yield of 6.9%.
Energy Efficiency
Flat 902, Granger House 18 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 May 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Sold Prices
The most recent sale of Flat 902, Granger House 18 completed on 27th October 2022 at £600,000 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 21.0% over the period since October 2022.
- Sold Oct 2022£600,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 902, Granger House 18 have sold within a radius of 370 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th September 2023, was Flat 904, Granger House 18, New Union Close, London, E14 3PZ, a leasehold flat which sold for £550,000.
Read more about house prices in E14.
- Sold Sep 2023£550,000 | 2 Bed FlatGranger House 18, New Union CloseFlat 904, Granger House 18, New Union Close, London, E14 3PZ
- Sold Jun 2023£592,000 | 2 Bed FlatGranger House 18, New Union CloseFlat 701, Granger House 18, New Union Close, London, E14 3PZ
- Sold Jun 2023£584,000 | 2 Bed FlatGranger House 18, New Union CloseFlat 601, Granger House 18, New Union Close, London, E14 3PZ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 158 addresses on New Union Close, London, E14, Flat 902, Granger House 18 comes out as the 50th largest and the 29th most expensive in our analysis of the public data.
It is also £36k more expensive than the average property across the E14 district.
More reading links
Schools Nearby
- 300mCubitt Town Primary School
- 700mMulberry Wood Wharf Primary School
- 800mSt Luke's Church of England Primary School
- 600mCanary Wharf College Crossharbour
- 1.0kmGeorge Green's School
- 2.1kmLangdon Park Community School
More reading links
Public Transport Nearby
From Flat 902, Granger House 18, the nearest station is Crossharbour, 500 metres away.
- 500mCrossharbour
- 700mSouth Quay
- 800mNorth Greenwich
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
