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£189,000 below fair value

E1 7AT

New Drum Street, London, E1

3 Beds
2 Baths
97 m² Floor area
Type Flat
Listed 15 May 2026
Asking price £850,000
Price per m² £8,763 / m²

A beautifully presented three bedroom, two bathroom apartment situated on the 15th floor

Description

The property extends approximately 1,000 sq ft and comprises: A bright principal bedroom with fitted storage facilities and access to an ensuite shower room, a second double bedroom with fitted wardrobes, a versatile third guest bedroom with sliding doors and a contemporary bathroom.

There is a sleek, modern kitchen and an open plan reception room that benefits from a usable winter garden with far-reaching views. The apartment has been finished to the highest of standards with quality fixtures and fittings throughout including under floor heating, Sky Plus Connectivity and broadband (subject to subscription), low energy downlighters, and a colour video entry phone system.

Further benefits include 24-hour concierge, CCTV, cycle storage and communal gardens and residents gym.

Please contact the selling agent who will provide information on the technical specification and compliance of the unit.

Location

The location is exceptional, with Aldgate East Station (District and Hammersmith & City lines) just 0.1 miles away and Whitechapel Station (Elizabeth Line/Hammersmith and City/Overground) just 0.3 miles away. Aldgate Place is a contemporary development perfectly situated for easy access to the City of London, Spitalfields, and Shoreditch.

Square Footage: 1,044 sq ft
Leasehold with approximately 988 years remaining.

How the asking price has moved

May 2026
£850,000
Listed at original asking price

What similar homes actually sold for

Nearby Land Registry transactions — the data behind our fair price estimate.

Source: HM Land Registry · E1 7AT · Sorted by date

New Drum Street, London, E1

Our fair price estimate
£1,039,000
Nearby sold prices per m² × UK HPI × 97 m² floor area (EPC-declared)
Asking price £850,000
Fair price £1,039,000
Difference ↓ £189,000 under
Price per m² £8,763 / m²
Contact landlord
About this valuation

Fair price calculated from HM Land Registry sold prices in the same postcode area, adjusted by the UK House Price Index, and multiplied by the EPC-declared floor area of 97 m². Updated daily.