According to the public record, 11, Waterman Way, London is a mid-century leasehold apartment with 258 ft2 of internal area.
Apartments of this size in this area are normally studios.
Waterman Way, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
11, Waterman Way, London has a single entry in the Land Registry database from November 2022 and a single entry in the EPC database dated July 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 11 Waterman Way London as £271,807 and the rental value as £1,337 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 11 Waterman Way London has decreased by £3,087 (1.1%) and its rental value has increased by £54 per month (4.1%).
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 11, Waterman Way, London is in very good condition we estimate a sale value of £285,398 and rental value of £1,404 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £252,781 and a rental value of £1,244 per month.
If you were able to purchase this property for the estimated value of £271,807, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,336 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 11, Waterman Way, London was last sold on 25 Nov 2022 for £270,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2022, the market for similar properties has dropped 1.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Waterman Way, London within a radius of 300 metres over the last 2 years.
The most recent example is 13, Waterman Way, London, E1W 2QN, a Leasehold flat which sold for £314,350 in Aug 2018.
Read more about house prices in E1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Waterman Way, London, E1 has a total of 88 addresses. According to our analysis of all the public data, 11, Waterman Way, London is the 84th largest and the 87th most expensive property on the street.
When compared to the postcode district it is £250k less expensive than the average property in E1.
11, Waterman Way, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Jul 2022.
The property is not connected to mains gas and has single glazed windows. It is heated using a community scheme.
The closest station to 11, Waterman Way, London is Wapping station which is 400 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 11, Waterman Way, London, 42.6% of property is privately rented and 29.0% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 11, Waterman Way, London, 11.3% of residents are recorded as possessing school level qualifications and 68.7% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 11, Waterman Way, London, the average age was 32.5 and the most common age was 27.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 11, Waterman Way, London, 3.4% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 11, Waterman Way, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.