Knight Frank says ..

Property Oracle says ..

This property is a 4 bedroom, 5 bathroom terraced house located on Pier Head, Wapping High Street, in the St Katharine’s & Wapping district of Tower Hamlets, London. The property boasts 2,755.50 sqft of living space and a 3,701.00 sqft plot. It’s listed with Knight Frank for £4,950,000.

The property is situated in a highly desirable area of London, close to the River Thames and benefits from excellent transport links via the nearby Wapping Overground station (0.73km). Several highly-rated primary schools are within a short distance, including Hermitage Primary School (Good) and Riverside Primary School (Outstanding). This contributes to a strong family-friendly appeal and enhances the location score. The views of the river and the city skyline are an additional benefit.

Based on the provided images, the property appears to be in excellent condition. It has been stylishly renovated and maintained, showcasing high-quality finishes and modern amenities while retaining period features. There is evidence of tasteful modernisation, blending contemporary design with traditional architectural elements. The property’s excellent condition is further supported by the high-quality fixtures and fittings visible in the photographs.

The property includes a substantial private garden, offering outdoor space and views of the river. The size of the garden is a significant asset, adding to the overall desirability and value of the property.

Considering the property’s prime location, excellent condition, substantial plot size, and the high average price per sqft in the area (£942), the list price of £4,950,000 appears to be in line with, if not slightly below, market expectations for comparable properties in the area. While the average price in the area is significantly lower (£909,643), this average is skewed by smaller properties and apartments. The lack of sqft data for nearby comparable listings makes a precise price comparison challenging. However, the high quality of the renovation and the substantial plot size justify the higher price point.

Therefore, we give this property 9 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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