According to the public record, Flat 3, 86, Wapping Lane, London is a modern leasehold apartment with 957 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in 86, Wapping Lane, London, E1.
Wapping Lane, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Flat 3, 86, Wapping Lane, London has 31 entries in the Land Registry database, most recently in December 2007 and a single entry in the EPC database dated June 2010.
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 Flat 3 86 Wapping Lane London as £630,809 and the rental value as £3,358 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Flat 3 86 Wapping Lane London has increased by £7,384 (1.2%) and its rental value has increased by £190 per month (5.7%).
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 3, 86, Wapping Lane, London is in very good condition we estimate a sale value of £662,350 and rental value of £3,525 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £586,653 and a rental value of £3,123 per month.
If you were able to purchase this property for the estimated value of £630,809, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,100 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, Flat 3, 86, Wapping Lane, London was last sold on 14 Dec 2007 for £435,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Dec 2007, the market for similar properties has risen 47.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 86, Wapping Lane, London within a radius of 310 metres over the last 2 years.
The most recent example is Flat 11, 86, Wapping Lane, London, E1W 2RX, a Leasehold flat which sold for £640,000 in Feb 2023.
Read more about house prices in E1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 310 metres radius of Flat 3, 86, Wapping Lane, London over the last 2 years.
Most recently Flat 19, 146, Wapping High Street, London, E1W 3PE, a Leasehold flat let by Saint Andrews Bureau in Apr 2024.
Wapping Lane, London, E1 has a total of 246 addresses. According to our analysis of all the public data, Flat 3, 86, Wapping Lane, London is the 36th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £109k more expensive than the average property in E1.
Flat 3, 86, Wapping Lane, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Jun 2010.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 3, 86, Wapping Lane, London is Wapping station which is 100 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 Flat 3, 86, Wapping Lane, London, 57.7% of property is privately rented and 24.3% 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 Flat 3, 86, Wapping Lane, London, 8.1% of residents are recorded as possessing school level qualifications and 86.2% 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 Flat 3, 86, Wapping Lane, London, the average age was 37.5 and the most common age was 32.
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 Flat 3, 86, Wapping Lane, London, 1.1% 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 Flat 3, 86, Wapping Lane, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.