Sold Flat

FLAT 408

WHITBY HOUSE, 26, MARSH WALL, LONDON, GREATER LONDON E14 9AX

1 beds 398 sq ft Listed 3 Feb 2017 (-3419d)

£130,500

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# 1 bedroom flat for sale (E14 9AX)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 408, WHITBY HOUSE, 26, MARSH WALL, LONDON, GREATER LONDON E14 9AX |
| Price | £130,500 |
| Bedrooms | 1 |
| Construction age | England and Wales: 2007-2011 |
| Floor area | 37 m² |
| Last sold | £130,500 Sep 2017 |

## EPC Rating & Upgrade Cost

- **Current rating:** B
- **Potential rating:** B
- **Expiry date:** 28/03/2035
- **Current heating cost:** £159/year

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0310-2081-9470-2725-0825)

## Description

30% SHARED OWNERSHIP, A bright and modern one bedroom apartment, located on the 4th floor of this popular development in the heart of Canary Wharf. Boasting an open plan kitchen and living area, a double bedroom and spacious three piece, modern bathroom. Conveniently situated within approx. 0.02 miles from Heron Quay DLR, offering excellent links.

## Property Photos

- ![Photo](/listings/photos/57956650/445393)
- ![Photo](/listings/photos/57956650/445394)
- ![Photo](/listings/photos/57956650/445399)
- ![Photo](/listings/photos/57956650/445403)
- ![Photo](/listings/photos/57956650/445406)

## Floorplans

- ![Floorplan 1](/listings/photos/57956650/445409) - Floorplan 1

## EPC Graphs

- ![EPC 1](/listings/photos/57956650/445411) - EPC 1

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| WHITBY HOUSE, 26 FLAT 408 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9AX | £130,500 | 01/09/2017 | 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 |
|---------|-------|------|------|
| 10 APARTMENT 4702 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9XZ | £800,000 | 14/01/2026 | Flat |
| LANDMARK WEST TOWER, 22 FLAT 2701 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9AL | £762,500 | 05/01/2026 | Flat |
| HOBART BUILDING, 2 FLAT 3202 WARDS PLACE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9XJ | £900,000 | 19/12/2025 | Flat |
| 10 APARTMENT 7102 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9JQ | £1,165,000 | 18/12/2025 | Flat |
| 10 APARTMENT 5714 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9TB | £810,000 | 10/09/2025 | Flat |
| LANDMARK WEST TOWER, 22 FLAT 2805 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9AL | £682,500 | 17/07/2025 | Flat |
| HOBART BUILDING, 2 FLAT 3806 WARDS PLACE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9TZ | £1,005,000 | 14/07/2025 | Flat |
| 10 APARTMENT 3201 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9FY | £955,000 | 09/07/2025 | Flat |
| LANDMARK WEST TOWER, 22 FLAT 311 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9AF | £395,000 | 20/02/2025 | Flat |
| 10 APARTMENT 2410 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9FR | £606,000 | 22/10/2024 | Flat |
| LANDMARK WEST TOWER, 22 FLAT 2304 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9AL | £480,000 | 13/12/2023 | Flat |
| WHITBY HOUSE, 26 FLAT 803 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9AX | £370,000 | 23/11/2023 | Flat |
| LANDMARK EAST TOWER, 24 FLAT 2410 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9EB | £660,000 | 22/11/2023 | Flat |
| 10 APARTMENT 4005 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9PG | £770,000 | 07/11/2023 | Flat |
| 10 APARTMENT 3403 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9FY | £600,000 | 07/11/2023 | Flat |
| 10 APARTMENT 5414 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9TB | £950,000 | 19/10/2023 | Flat |
| 10 APARTMENT 6501 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9PR | £1,580,000 | 13/10/2023 | Flat |
| 10 APARTMENT 4904 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9XZ | £600,000 | 29/09/2023 | Flat |
| LANDMARK EAST TOWER, 24 FLAT 1411 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9BT | £380,000 | 18/09/2023 | Flat |
| LANDMARK EAST TOWER, 24 FLAT 510 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9BT | £460,000 | 30/08/2023 | Flat |

**Area average:** £746,550 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £495,527 (211 Flat, E14, 2024–2026)
- **Deviation:** -73.7%

## 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 East London (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £1,436/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 1 Bed Flat, Landmark East Tower, E14 | £2,380/mo | 1 | 0.01 miles | OpenRent |
| 1 Bed Flat, Whitby House, E14 | £3,200/mo | 1 | 0.01 miles | OpenRent |
| Studio Flat, Wards Place, E14 | £2,253/mo | 1 | 0.11 miles | OpenRent |
| 1 Bed Flat, Marsh Wall, E22 | £2,700/mo | 1 | 0.11 miles | OpenRent |
| 1 Bed Flat, Aspen Canary Wharf, E14 | £2,700/mo | 1 | 0.12 miles | OpenRent |
| 1 Bed Flat, South Quay Square, E14 | £2,150/mo | 1 | 0.23 miles | OpenRent |

**Average rent: £2,564/mo (6 listings)**

## 1% Rule

- **Rent ratio:** 1.95% (strong)
- **Max investor price (0.8%):** £317,500
- **Target investor price (1%):** £254,000

*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 £2,540/mo).*

- **Gross yield:** 23.4%
- **Cost-to-rent:** 4.3×
- **Monthly cashflow:** £1,747/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 55.4%

*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).*

## Price per Square Metre

- **£/m²:** £3,527/m²

## Capital growth trend

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

- **5y growth:** -32.9%
- **10y growth:** 6.2%

## 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%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

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

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Property details

Tenure

LEASEHOLD

Floor area

37 m²

EPC rating

Year built

England and Wales: 2007-2011

Last sold

£130,500 Sep 2017

Price per m²

£3,527/m²

Local average

£495,527 (-73.7%)

Deprivation

Decile 4 (13,155 of 33,755)

Street crime

1168 incidents within 1 mile (Apr 2026)

Key features

One bedroom
Apartment
30% shared ownership
Modern
4th floor
Close to transport

Description

Listed by

Canary Wharf & Docklands - Sales

Alex Neil

Reference: 57956650

EPC Rating & Upgrade Cost

Current rating: B

Potential rating: B

Inspection date: 29/03/2025

Expiry date: 28/03/2035

Current heating cost: £159/year

Potential heating cost: £159/year

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

EPC Graphs

EPC 1

Price history

Event	Date	Price	% change
Sold	01/09/2017 (8 years ago)	£130,500	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

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

Address	Price	Date	Type
10 APARTMENT 4702 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9XZ	£800,000	14/01/2026	Flat
LANDMARK WEST TOWER, 22 FLAT 2701 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9AL	£762,500	05/01/2026	Flat
HOBART BUILDING, 2 FLAT 3202 WARDS PLACE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9XJ	£900,000	19/12/2025	Flat
10 APARTMENT 7102 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9JQ	£1,165,000	18/12/2025	Flat
10 APARTMENT 5714 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9TB	£810,000	10/09/2025	Flat
LANDMARK WEST TOWER, 22 FLAT 2805 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9AL	£682,500	17/07/2025	Flat
HOBART BUILDING, 2 FLAT 3806 WARDS PLACE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9TZ	£1,005,000	14/07/2025	Flat
10 APARTMENT 3201 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9FY	£955,000	09/07/2025	Flat
LANDMARK WEST TOWER, 22 FLAT 311 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9AF	£395,000	20/02/2025	Flat
10 APARTMENT 2410 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9FR	£606,000	22/10/2024	Flat
LANDMARK WEST TOWER, 22 FLAT 2304 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9AL	£480,000	13/12/2023	Flat
WHITBY HOUSE, 26 FLAT 803 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9AX	£370,000	23/11/2023	Flat
LANDMARK EAST TOWER, 24 FLAT 2410 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9EB	£660,000	22/11/2023	Flat
10 APARTMENT 4005 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9PG	£770,000	07/11/2023	Flat
10 APARTMENT 3403 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9FY	£600,000	07/11/2023	Flat
10 APARTMENT 5414 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9TB	£950,000	19/10/2023	Flat
10 APARTMENT 6501 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9PR	£1,580,000	13/10/2023	Flat
10 APARTMENT 4904 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9XZ	£600,000	29/09/2023	Flat
LANDMARK EAST TOWER, 24 FLAT 1411 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9BT	£380,000	18/09/2023	Flat
LANDMARK EAST TOWER, 24 FLAT 510 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9BT	£460,000	30/08/2023	Flat

Area average: £746,550 (20 sales)

Capital growth trend

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

5y growth -32.9%

10y growth 6.2%

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 East London: £1,436/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View E14 9AX

Address

24 Marsh Wall

Nearby

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

Type	Name	Distance
Bus stop	Heron Quays	0.0 miles
Shop	Canary Clifton Dry Cleaners	0.1 miles
Shop	Rejoice Beauty Studio	0.1 miles
Bus stop	Marsh Wall / Heron Quay	0.1 miles
Train station	Heron Quays	0.2 miles
Train station	Canary Wharf	0.3 miles
University	University of Greenwich	1.6 miles
University	NTU London	2.0 miles
Hospital	A&E Department	2.9 miles
Hospital	Rainbow Ward	3.0 miles

Street-level crime

Category	Count
Anti-social behaviour	322
Violence and sexual offences	253
Shoplifting	87
Drugs	81
Vehicle crime	79
Other theft	70
Burglary	58
Criminal damage and arson	55
Theft from the person	55
Public order	41
Robbery	27
Bicycle theft	20
Other crime	11
Possession of weapons	9
Total incidents	1168

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
Seven Mills Primary School	Primary	0.3 miles	Good — 1 Oct 2023
River House Montessori School	Other	0.3 miles	Inadequate — 5 Apr 2023
Arnhem Wharf Primary School	Primary	0.5 miles	Good — 11 Jul 2013
Redriff Primary School	Primary	0.5 miles	Outstanding — 23 Jan 2024
Panaga School	Other	0.6 miles	— (No rating)

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
1 Bed Flat, Landmark East Tower, E14	£2,380/mo	1	0.01 miles	OpenRent
1 Bed Flat, Whitby House, E14	£3,200/mo	1	0.01 miles	OpenRent
Studio Flat, Wards Place, E14	£2,253/mo	1	0.11 miles	OpenRent
1 Bed Flat, Marsh Wall, E22	£2,700/mo	1	0.11 miles	OpenRent
1 Bed Flat, Aspen Canary Wharf, E14	£2,700/mo	1	0.12 miles	OpenRent
1 Bed Flat, South Quay Square, E14	£2,150/mo	1	0.23 miles	OpenRent

Average rent: £2,564/mo (6 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 1.95%

Max investor price (0.8%) £317,500

Target investor price (1%) £254,000

Gross yield 23.4%

Cost-to-rent ratio 4.3×

Monthly cashflow £1,747/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 55.4%

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).