Flats/Maisonettes

23 JOHN RENNIE WALK

LONDON, TOWER HAMLETS, GREATER LONDON, E1W 3RN

£370,000

Location

Map view View on Google Maps View on OpenStreetMap Street View E1W 3RN

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Garnet Street	0.1 miles
Shop	Riverside General Store	0.1 miles
Train station	Wapping	0.2 miles
University	Northeastern University London	0.7 miles
Hospital	Moorfields at Hoxton	2.4 miles

Property details

Tenure

Leasehold

Property type

Flat

Floor area

46 m²

EPC rating

Year built

England and Wales: 1930-1949

Last sold

£370,000 Jan 2026

Price per m²

£8,043/m²

Local average

£836,594 (70 sales)

Street crime

1374 incidents within 1 mile (Apr 2026)

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: C

Inspection date: 01/08/2025

Current heating cost: £382/year

Potential heating cost: £288/year

Est. upgrade cost to C: £6,450

Recommendations

Cavity wall insulation (£900 - £1,500)
Replace single glazed windows with low-E double glazing (£4,500 - £6,000)

View full EPC on gov.uk

Price history

Event	Date	Price	Type	% change	Today’s value (HPI)	Action
Sold	21/01/2026	£370,000	Flat	—	£364,219 to March 2026	View transaction

Historic listings

No historic listing events could be matched to the sales on record for this address. We only show events where a listing page could be linked to a Land Registry sale here.

Sold comparables

Same street and nearby sales within 0.25 miles (last 5 years). Land Registry Price Paid Data.

Address	Price	Date	Type
PARK VISTA TOWER, 5 APARTMENT 501 COBBLESTONE SQUARE, LONDON, TOWER HAMLETS, GREATER LONDON, E1W 3AZ	£1,150,000	26/03/2025	Flat
PARK VISTA TOWER, 5 APARTMENT 1404 COBBLESTONE SQUARE, LONDON, TOWER HAMLETS, GREATER LONDON, E1W 3BA	£820,000	30/10/2023	Flat
GARNET HOUSE FLAT 3 GARNET STREET, LONDON, TOWER HAMLETS, GREATER LONDON, E1W 3QY	£420,000	26/10/2022	Flat
12 WINE CLOSE, LONDON, TOWER HAMLETS, GREATER LONDON, E1W 3RQ	£541,000	06/09/2022	Flat
RIVERSIDE MANSIONS FLAT 310 MILK YARD, LONDON, TOWER HAMLETS, GREATER LONDON, E1W 3TB	£520,000	02/09/2022	Flat
PARK VISTA TOWER, 5 APARTMENT 613 COBBLESTONE SQUARE, LONDON, TOWER HAMLETS, GREATER LONDON, E1W 3AZ	£470,000	29/08/2022	Flat
MALAY HOUSE FLAT 3 PRUSOM STREET, LONDON, TOWER HAMLETS, GREATER LONDON, E1W 3RB	£403,000	26/08/2022	Flat
RIVERSIDE MANSIONS FLAT 311 MILK YARD, LONDON, TOWER HAMLETS, GREATER LONDON, E1W 3TB	£515,000	31/05/2022	Flat
RIVERSIDE MANSIONS FLAT 203 MILK YARD, LONDON, TOWER HAMLETS, GREATER LONDON, E1W 3TB	£475,000	31/08/2021	Flat
PARK VISTA TOWER, 5 APARTMENT 502 COBBLESTONE SQUARE, LONDON, TOWER HAMLETS, GREATER LONDON, E1W 3AZ	£400,000	21/07/2021	Flat
MALAY HOUSE FLAT 8 PRUSOM STREET, LONDON, TOWER HAMLETS, GREATER LONDON, E1W 3RB	£395,000	30/06/2021	Flat
PARK VISTA TOWER, 5 APARTMENT 1202 COBBLESTONE SQUARE, LONDON, TOWER HAMLETS, GREATER LONDON, E1W 3BA	£365,000	30/06/2021	Flat
PARK VISTA TOWER, 5 APARTMENT 602 COBBLESTONE SQUARE, LONDON, TOWER HAMLETS, GREATER LONDON, E1W 3AZ	£408,000	29/06/2021	Flat
RIVERSIDE MANSIONS FLAT 210 MILK YARD, LONDON, TOWER HAMLETS, GREATER LONDON, E1W 3TB	£515,000	28/06/2021	Flat
11 WINE CLOSE, LONDON, TOWER HAMLETS, GREATER LONDON, E1W 3RQ	£229,030	18/06/2021	Flat
GARNET HOUSE FLAT 7 GARNET STREET, LONDON, TOWER HAMLETS, GREATER LONDON, E1W 3QY	£410,000	14/06/2021	Flat

Area average: £502,252 (16 sales)

For sale comparables

No active for-sale comparables found within 1 mile for the same property type.

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -18.4%

10y growth 32.1%

House Price Index (HM Land Registry — official index, not sold-price averages): Tower Hamlets. Series: Flats and maisonettes. As of March 2026.

1y (index) -11.3%

5y (index) -16.5%

10y (index) -12%

Rental Range

Estimated market rent for Tower Hamlets. Low = conservative, Realistic = average, Optimistic = best case.

Low £2,169/mo

Realistic £2,410/mo

Optimistic £2,651/mo

Based on Local Authority from postcode lookup → Tower Hamlets.

LHA (30th percentile) floor for Inner South East London: Apr 2025 – Mar 2026

Rental Comparables

Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
1 Bed Flat, Reardon House, E1W	£1,350/mo	1	0.12 miles	OpenRent
Studio Flat, Bridewell Place, E1W	£1,600/mo	1	0.21 miles	OpenRent
Studio Flat, Swedenborg Gardens, E1	£1,700/mo	1	0.37 miles	OpenRent
1 Bed Flat, Gauging Square, E1W	£2,650/mo	1	0.41 miles	OpenRent

Average rent: £1,825/mo (4 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.45%

Max investor price (0.8%) £206,250

Target investor price (1%) £165,000

Gross yield 5.4%

Cost-to-rent ratio 18.7×

Monthly cashflow £3/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 0%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

Flood risk

Zone: 1

Risk: Low

Not in Flood Risk Area (no data)

Street-level crime

Category	Count
Anti-social behaviour	291
Violence and sexual offences	287
Theft from the person	169
Other theft	156
Shoplifting	76
Burglary	64
Criminal damage and arson	64
Public order	64
Drugs	61
Vehicle crime	53
Robbery	42
Bicycle theft	26
Other crime	13
Possession of weapons	8
Total incidents	1374

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
St Peter's London Docks CofE Primary School	Primary	0.1 miles	Outstanding — 6 May 2019
Blue Gate Fields Junior School	Primary	0.3 miles	Good — 22 May 2023
Blue Gate Fields Infants' School	Primary	0.3 miles	Good — 7 Sep 2015
Jamiatul Ummah School	Other	0.4 miles	Good — 28 Apr 2022
Hermitage Primary School	Primary	0.4 miles	Requires improvement — 28 Jun 2023

FENSA

Checking FENSA certificates for this address. Refresh in a few minutes.

# 23 JOHN RENNIE WALK, LONDON, TOWER HAMLETS, GREATER LONDON, E1W 3RN

## Property details

- Slug: `9b20ff9` (address key hash: `9b20ff94ac5eb2d026bfe67c17f0f8278c1e0fbc`)
- Postcode: E1W 3RN
- Transactions on record: 1

- Tenure: Leasehold
- Property type: Flat
- Floor area: 46 m²
- EPC rating: C
- Year built: England and Wales: 1930-1949
- Last sold: £370,000 Jan 2026
- Price per m²: £8,043/m²
- Local average: £836,594 (70 sales)
- Street crime: 1374 incidents within 1 mile (Apr 2026)

## Latest sale

- Price: £370,000
- Date: 2026-01-21
- Type: F
- Tenure: L

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** C
- **Current heating cost:** £382/year
- **Est. upgrade cost to C:** £6,450

### Recommendations
- B (£900 - £1,500)
- O (£4,500 - £6,000)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/2435-2328-1500-0249-3206)

## Price history

| Event | Date | Price | Type | % change | Today’s value (HPI) | Transaction |
|-------|------|-------|------|--------|---------------------|-------------|
| Sold | 2026-01-21 | £370,000 | Flat | — | £364,219 (to March 2026) | [View](http://87.117.209.195:8080/house-prices/49e87c31-ceb0-591c-e063-4704a8c00c31) |

*Today’s value (HPI): adjusted using published house price index trends for the area and property type; not a valuation of the property today.*

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 23 JOHN RENNIE WALK, LONDON, TOWER HAMLETS, GREATER LONDON, E1W 3RN | £370,000 | 21/01/2026 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| PARK VISTA TOWER, 5 APARTMENT 501 COBBLESTONE SQUARE, LONDON, TOWER HAMLETS, GREATER LONDON, E1W 3AZ | £1,150,000 | 26/03/2025 | Flat |
| PARK VISTA TOWER, 5 APARTMENT 1404 COBBLESTONE SQUARE, LONDON, TOWER HAMLETS, GREATER LONDON, E1W 3BA | £820,000 | 30/10/2023 | Flat |
| GARNET HOUSE FLAT 3 GARNET STREET, LONDON, TOWER HAMLETS, GREATER LONDON, E1W 3QY | £420,000 | 26/10/2022 | Flat |
| 12 WINE CLOSE, LONDON, TOWER HAMLETS, GREATER LONDON, E1W 3RQ | £541,000 | 06/09/2022 | Flat |
| RIVERSIDE MANSIONS FLAT 310 MILK YARD, LONDON, TOWER HAMLETS, GREATER LONDON, E1W 3TB | £520,000 | 02/09/2022 | Flat |
| PARK VISTA TOWER, 5 APARTMENT 613 COBBLESTONE SQUARE, LONDON, TOWER HAMLETS, GREATER LONDON, E1W 3AZ | £470,000 | 29/08/2022 | Flat |
| MALAY HOUSE FLAT 3 PRUSOM STREET, LONDON, TOWER HAMLETS, GREATER LONDON, E1W 3RB | £403,000 | 26/08/2022 | Flat |
| RIVERSIDE MANSIONS FLAT 311 MILK YARD, LONDON, TOWER HAMLETS, GREATER LONDON, E1W 3TB | £515,000 | 31/05/2022 | Flat |
| RIVERSIDE MANSIONS FLAT 203 MILK YARD, LONDON, TOWER HAMLETS, GREATER LONDON, E1W 3TB | £475,000 | 31/08/2021 | Flat |
| PARK VISTA TOWER, 5 APARTMENT 502 COBBLESTONE SQUARE, LONDON, TOWER HAMLETS, GREATER LONDON, E1W 3AZ | £400,000 | 21/07/2021 | Flat |
| MALAY HOUSE FLAT 8 PRUSOM STREET, LONDON, TOWER HAMLETS, GREATER LONDON, E1W 3RB | £395,000 | 30/06/2021 | Flat |
| PARK VISTA TOWER, 5 APARTMENT 1202 COBBLESTONE SQUARE, LONDON, TOWER HAMLETS, GREATER LONDON, E1W 3BA | £365,000 | 30/06/2021 | Flat |
| PARK VISTA TOWER, 5 APARTMENT 602 COBBLESTONE SQUARE, LONDON, TOWER HAMLETS, GREATER LONDON, E1W 3AZ | £408,000 | 29/06/2021 | Flat |
| RIVERSIDE MANSIONS FLAT 210 MILK YARD, LONDON, TOWER HAMLETS, GREATER LONDON, E1W 3TB | £515,000 | 28/06/2021 | Flat |
| 11 WINE CLOSE, LONDON, TOWER HAMLETS, GREATER LONDON, E1W 3RQ | £229,030 | 18/06/2021 | Flat |
| GARNET HOUSE FLAT 7 GARNET STREET, LONDON, TOWER HAMLETS, GREATER LONDON, E1W 3QY | £410,000 | 14/06/2021 | Flat |

**Area average:** £502,252 (16 sales)

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -18.4%
- **10y growth:** 32.1%

## House Price Index (HM Land Registry)

*Official index for Tower Hamlets; Flats and maisonettes series; as of March 2026.*

- **1y growth (index):** -11.3%
- **5y growth (index):** -16.5%
- **10y growth (index):** -12%

## Rental Range

*ONS Price Index of Private Rents (Tower Hamlets). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £2,169/mo
- **Realistic:** £2,410/mo
- **Optimistic:** £2,651/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Inner South East London (Apr 2025 – Mar 2026).*

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 1 Bed Flat, Reardon House, E1W | £1,350/mo | 1 | 0.12 miles | OpenRent |
| Studio Flat, Bridewell Place, E1W | £1,600/mo | 1 | 0.21 miles | OpenRent |
| Studio Flat, Swedenborg Gardens, E1 | £1,700/mo | 1 | 0.37 miles | OpenRent |
| 1 Bed Flat, Gauging Square, E1W | £2,650/mo | 1 | 0.41 miles | OpenRent |

**Average rent: £1,825/mo (4 listings)**

## 1% Rule

- **Rent ratio:** 0.45% (weak for cashflow)
- **Max investor price (0.8%):** £206,250
- **Target investor price (1%):** £165,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,650/mo).*

- **Gross yield:** 5.4%
- **Cost-to-rent:** 18.7×
- **Monthly cashflow:** £3/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 0%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Not in Flood Risk Area (no data)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

## Street-level crime

| Category | Count |
|----------|-------|
| Anti-social behaviour | 291 |
| Violence and sexual offences | 287 |
| Theft from the person | 169 |
| Other theft | 156 |
| Shoplifting | 76 |
| Burglary | 64 |
| Criminal damage and arson | 64 |
| Public order | 64 |
| Drugs | 61 |
| Vehicle crime | 53 |
| Robbery | 42 |
| Bicycle theft | 26 |
| Other crime | 13 |
| Possession of weapons | 8 |
| **Total incidents** | **1374** |

*Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).*

## Schools nearby

*Nearest open schools with Ofsted ratings (England). Closed schools are not shown.*

| Name | Type | Distance | Ofsted |
|------|------|----------|--------|
| St Peter's London Docks CofE Primary School | Primary | 0.1 miles | Outstanding — 6 May 2019 |
| Blue Gate Fields Junior School | Primary | 0.3 miles | Good — 22 May 2023 |
| Blue Gate Fields Infants' School | Primary | 0.3 miles | Good — 7 Sep 2015 |
| Jamiatul Ummah School | Other | 0.4 miles | Good — 28 Apr 2022 |
| Hermitage Primary School | Primary | 0.4 miles | Requires improvement — 28 Jun 2023 |