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£410,000 below fair value

EC2M 4TR

New Street, London, EC2M

2 Beds
2 Baths
222 m² Floor area
Type Flat
Listed 15 May 2026
Asking price £1,750,000
Price per m² £9,009 / m²

Set within The Tapestry Building, a historical 18th-century warehouse originally built for the East India Company, this 2,394 sq ft (approx) 2 bed 2 bath apartment offers a rare opportunity to own a piece of London’s architectural heritage. Positioned on the second floor and one of just two residences on this level, the triplex space offers a sense of privacy and exclusivity in a location where such qualities are increasingly scarce.

Accessed via a courtyard behind wrought-iron gates, the building makes a memorable first impression. Inside, the apartment showcases dramatic lateral space rarely found in the City. Original warehouse features take centre stage: beamed ceilings, impressive room proportions, loading doors and large windows on three sides which enable natural light throughout the day. The result is a home that feels both grand and effortlessly liveable—perfect for entertaining, relaxing, or working.

This is a property that truly stands apart from the multiple new builds nearby —combining scale, character, and a boutique feel that is hard to replicate in such a prime central City location.

Step outside and you are immediately immersed in the energy of the City. Located on New Street, directly opposite Liverpool Street station, the apartment offers unrivalled connectivity across London and beyond. The financial district is on your doorstep, while the vibrant lifestyle hubs of Shoreditch, Spitalfields, and Broadgate are just moments away, offering some of the capital’s finest restaurants, bars, and shops.

Whether you are looking for a distinctive primary residence or a prestigious London base, this apartment delivers on every level. Historic charm, contemporary comfort, and an unbeatable location come together in perfect balance.

How the asking price has moved

May 2026
£2,000,000
Listed at original asking price
May 2026
£1,750,000
Current asking price

What similar homes actually sold for

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

Address Sold price Date Type
Flat 1, TAPESTRY BUILDING, 16 NEW STREET, EC2M 4TR £2,084,000 Mar 2025 Flat
Flat 7, TAPESTRY BUILDING, 16 NEW STREET, EC2M 4TR £2,200,000 Apr 2024 Flat
Flat 6, SHIELD HOUSE, 16 NEW STREET, EC2M 4TR £1,230,000 Sep 2022 Flat
Flat HOUSE, 16, 16 NEW STREET, EC2M 4TR £1,800,000 Dec 2020 Flat
Source: HM Land Registry · EC2M 4TR · Sorted by date

New Street, London, EC2M

Our fair price estimate
£2,160,000
Nearby sold prices per m² × UK HPI × 222 m² floor area (EPC-declared)
Asking price £1,750,000
Fair price £2,160,000
Difference ↓ £410,000 under
Price per m² £9,009 / 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 222 m². Updated daily.