Flat G12, 3
Flat G12, 3
Description & Estimates
According to the public record, Flat G12, 3, Merino Gardens is a modern leasehold apartment with 635 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 G12, 3, Merino Gardens is £822,005 and the estimated rental value is £3,386 per month.
The apartment is within 3, Merino Gardens, London, E1.
Merino Gardens, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Our Data Sources
Flat G12, 3, Merino Gardens has a single entry in the Land Registry from May 2022 and a single entry in the EPC database dated January 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 G12, 3, Merino Gardens is in very good condition we estimate a sale value of £863,105 and a rental value of £3,555 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £764,465 and a rental value of £3,149 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat G12, 3, Merino Gardens has fallen by £25,678 (3.1%), while its estimated rental value has moved up by £171 per month (5.0%). Based on current estimates, the property offers a gross rental yield of 4.9%.
Energy Efficiency
Flat G12, 3, Merino Gardens has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 31 Jan 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Sold Prices
According to HM Land Registry, Flat G12, 3, Merino Gardens was last sold on 16th May 2022 for £247,312 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2022, the market for similar properties has dropped by 52.1%.
- Sold May 2022£247,312
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat G12, 3, Merino Gardens within a radius of 250 metres over the last 2 years.
The most recent example is Apartment 1001, 4, Merino Gardens, London, E1W 2DS, a leasehold flat which sold for £844,800 on the 30th June 2025.
Read more about house prices in E1.
- Sold Jun 2025£844,800 | 2 Bed Flat4, Merino GardensApartment 1001, 4, Merino Gardens, London, E1W 2DS
- Sold Dec 2024£238,428 | 2 Bed Flat4, Merino GardensApartment G05, 4, Merino Gardens, London, E1W 2DS
- Sold Dec 2024£238,428 | 2 Bed Flat4, Merino GardensApartment G08, 4, Merino Gardens, London, E1W 2DS
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Merino Gardens, London, E1 has a total of 381 addresses. According to our analysis of all the public data, Flat G12, 3, Merino Gardens is the 232nd largest and the 233rd most expensive property on the street.
When compared to the postcode district it is £307k more expensive than the average property in E1.
More reading links
Schools Nearby
- 300mSt Paul's Whitechapel Church of England Primary School
- 300mHermitage Primary School
- 700mHarry Gosling Primary School
- 200mMulberry Academy London Dock
- 800mMulberry School for Girls
- 800mLondon Enterprise Academy
More reading links
Public Transport Nearby
The closest station to Flat G12, 3, Merino Gardens is Shadwell station, which is 600 metres away.
- 600mShadwell
- 700mWapping
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
