New Drum Street, E1
HU

New Drum Street, E1

By Hurford Salvi Carr

£ 625,000

Reviews

3 out of 5 stars

Hurford Salvi Carr says ..

Enjoy high-rise city living in this stylish one-bedroom apartment, located on the 12th floor of the sought-after Wiverton Tower development. The property offers stunning west-facing views, including The Shard, from its winter garden, providing a perfect spot to unwind and take in the city skyline...

Property Oracle says ..

The property is a one-bedroom, one-bathroom apartment with 552 square feet of living space. The apartment is situated in Whitechapel, Tower Hamlets, which benefits from its proximity to several transport links including Fenchurch Street (0.92 KM), Shoreditch High Street (1.03 KM), Liverpool Street (1.17 KM), Whitechapel underground station (1.37 KM), and Bethnal Green Rail (1.64 KM). The location also offers access to several well-regarded schools within a reasonable distance, such as English Martyrs Roman Catholic Primary School (0.24 KM) and The Complete Works (0.24 KM), both rated ‘Good’ by Ofsted. This makes the area attractive to families and young professionals.

The photos reveal a modern apartment that appears to be in excellent condition. The fixtures and fittings look new, and the overall presentation is clean and well-maintained. There is no evidence of any necessary repairs or renovations. The property also includes a balcony, offering some outdoor space, although the plot size is recorded as 0.00 sqft.

Considering the average price per square foot in the area is £903, and the property is listed at £625,000, the asking price seems reasonable. The average price for properties in the area is £646,192, and while this property is slightly below average, its modern condition and convenient location justify the price. Nearby comparable listings range from £515,000 to £1,300,000, reflecting the price variation within the area. The lack of plot size data does not allow for a full assessment of the land value.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
8
Condition
10
Location
9
Land
3
Bedrooms
1
Bathrooms
1
Sqft (est)
552.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
655,000.00 £
Decreased by 0.12 %
from 655,755.00 £
Est sale value
542,064.00 £
Increased by 37.73 %
from 393,576.00 £
Average area rental value
2,992.00 £/mo
Increased by 16.06 %
from 2,578.00 £/mo
Est letting value
2,208.00 £/mo
Increased by 100.00 %
from 1,104.00 £/mo
Est rental Yield
5.48 %
Increased by 16.10 %
from 4.72 %
Crime Rate
13.00 %
Unchanged by 0.00 %
from 13.00 %

Agent Activity

  • Hurford Salvi Carr created the listing.

Nearby Schools

NameTypeOfstedDistance
English Martyrs Roman Catholic Primary SchoolVoluntary Aided SchoolGood0.24 KM
The Complete WorksOther Independent SchoolGood0.24 KM
Christ Church Cofe SchoolVoluntary Aided SchoolGood0.44 KM
Harry Gosling Primary SchoolCommunity SchoolGood0.60 KM
David Game CollegeOther Independent SchoolOutstanding0.62 KM

Images

Picture No. 02 Picture No. 03 Picture No. 04 Picture No. 05 Picture No. 22 Picture No. 06 Picture No. 12 Picture No. 15 Picture No. 16 Picture No. 17 Picture No. 10 Picture No. 09 Picture No. 11 Picture No. 13 Picture No. 08 Picture No. 18 Picture No. 14 Picture No. 19 Picture No. 24 Picture No. 25 Picture No. 29 Picture No. 07 Picture No. 21 Picture No. 20

Nearby Streets

NameAverage PriceAverage SqftDistance
New Drum Street £ 000.00 KM
Whitechapel High Street £ 000.00 KM
Manningtree Street £ 000.00 KM
Whitechurch Passage £ 000.00 KM
Adler Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Fenchurch Street7490FST0.92 KM
Shoreditch High Street1024SDC1.03 KM
Liverpool Street6965LST1.17 KM
Whitechapel4935ZLW1.37 KM
Bethnal Green Rail6961BET1.64 KM

Nearby Listings

AddressPriceTypeScoreDistance
New Drum Street, E1 £ 625,000BUY7 / 100.00 KM
New Drum Street, Abridge, London, E1 £ 950,000BUY5 / 100.00 KM
New Drum Street, Aldgate East, E1 £ 800,000BUY7 / 100.00 KM
Drum Street, E1, Aldgate, London, E1 £ 900,000BUY6 / 100.00 KM
Wiverton Tower, 4 New Drum Street, Aldgate East, London E1 7AT £ 890,000BUY6 / 100.00 KM

Nearby Properties

AddressPriceDistance
40 Alie Street £ 415,0000.15 KM
38 Alie Street £ 227,0000.15 KM
44 Alie Street £ 745,0000.15 KM
30a Commercial Road £ 400,0000.21 KM
40 Osborn Street £ 370,0000.25 KM