Wapping Lane, Wapping
DE

Wapping Lane, Wapping

By Dexters

£ 550,000

Reviews

3 out of 5 stars

Dexters says ..

Offering 854.6 sq.ft of ample living space and additional 84 sq.ft terrace is this two bedroom home located in Wapping. The property features secure allocated parking, two bathrooms, courtyard facing terrace and secure entry phone system.

Property Oracle says ..

The property is a 2-bedroom, 2-bathroom flat located in Wapping, London, with a list price of £550,000. The flat has 854.65 sqft of living space and benefits from a balcony. The property appears to be in good condition based on the provided images. The interior is modern and well-maintained, with a contemporary kitchen and updated bathrooms. There is no evidence of significant wear and tear or the need for renovation. The location in Wapping is desirable, with excellent transport links via the London Overground and proximity to several highly-rated schools, including Green Gables Montessori Primary School (Good Ofsted rating) and Bigland Green Primary School (Outstanding Ofsted rating), both within a short distance. The area also offers convenience with nearby shops and amenities. While the plot size is 0.00 sqft, the property includes a balcony, offering some outdoor space. Considering the average price per sqft in the area is £942, and the flat is listed at £550,000 for 854.65 sqft, the price per sqft is approximately £643. This represents a significant discount compared to the area average, suggesting the property may be good value for money, especially given its modern condition and convenient location. However, it’s important to note that the average price and price per sqft data may not reflect the specific value of this particular flat due to a lack of comparable property data in the immediate vicinity. Further investigation into comparable properties within the same building or similar developments would provide a more accurate assessment. The property benefits from being close to excellent transport links and good schools, contributing to its desirability. The lack of a substantial garden is a drawback, but the balcony partially compensates. The modern condition and potentially competitive price point are strong selling points.

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
9
Location
9
Land
3
Bedrooms
2
Bathrooms
2
Sqft (est)
854.65

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
1,071,462.00 £
Increased by 21.52 %
from 881,738.00 £
Est sale value
999,085.85 £
Increased by 51.82 %
from 658,080.50 £
Average area rental value
2,484.00 £/mo
Decreased by 4.86 %
from 2,611.00 £/mo
Est letting value
1,709.30 £/mo
Unchanged by 0.00 %
from 1,709.30 £/mo
Est rental Yield
2.78 %
Decreased by 21.69 %
from 3.55 %
Crime Rate
1.00 %
Unchanged by 0.00 %
from 1.00 %

Agent Activity

  • Dexters created the listing.

Nearby Schools

NameTypeOfstedDistance
Green Gables Montessori Primary SchoolOther Independent SchoolGood0.01 KM
Wapping Children'S CentreChildren's Centre0.35 KM
Jamiatul Ummah SchoolOther Independent SchoolGood0.39 KM
Bigland Green Primary SchoolCommunity SchoolOutstanding0.47 KM
Blue Gate Fields Infants' SchoolCommunity SchoolGood0.48 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Porters Walk £ 000.00 KM
Bluegate Mews £ 000.00 KM
Morris Street £ 600,00000.00 KM
Stevedore Street £ 270,00000.00 KM
Twine Court £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Shadwell1082SDE0.28 KM
Wapping1085WPE0.60 KM
Whitechapel4935ZLW1.15 KM
Rotherhithe1039ROE1.17 KM
Canada Water1659ZCW1.58 KM

Nearby Listings

AddressPriceTypeScoreDistance
Eluna Apartments, Wapping Lane, London, E1W £ 550,000BUY5 / 100.00 KM
Wapping Lane, Wapping £ 550,000BUY7 / 100.00 KM
Eluna Apartments, Wapping Lane, London, E1W £ 650,000BUY6 / 100.00 KM
Wapping Lane, London £ 620,000BUYUnknown0.03 KM
Eluna apartments, Wapping E1W £ 375,000BUY6 / 100.03 KM

Nearby Properties

AddressPriceDistance
81 Solander Gardens £ 220,0000.16 KM
106 Solander Gardens £ 399,9950.16 KM
125 Solander Gardens £ 450,0000.16 KM
91 Solander Gardens £ 430,0000.16 KM
97 Solander Gardens £ 104,0000.16 KM