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Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 127, Bishops Way is £1,158,619 and the estimated rental value is £6,249 per month.
Bishops Way, London, E2 is located in the borough of Tower Hamlets within the E2 postal district.
127, Bishops Way has no records in the the Land Registry and a single entry in the EPC database dated August 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 127, Bishops Way is in very good condition we estimate a sale value of £1,216,550 and a rental value of £6,561 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,077,516 and a rental value of £5,811 per month.
Over the last 12 months the sale value of 127 Bishops Way has decreased by an estimated £78,996 (6.8%) and its rental value has increased by an estimated £176 per month (2.8%), giving an expected gross yield of 6.5%.
127, Bishops Way has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Aug 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 127, Bishops Way within a radius of 370 metres over the last 2 years.
The most recent example is 142, Old Ford Road, London, E2 9PW, a freehold house which sold for £1,250,000 on the 2nd August 2022.
Read more about house prices in E2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bishops Way, London, E2 has a total of 281 addresses. According to our analysis of all the public data, 127, Bishops Way is the largest and the most expensive property on the street.
When compared to the postcode district it is £649k more expensive than the average property in E2.
The nearest school is St Elizabeth Catholic Primary School which is 86 metres away. The nearest train station is Cambridge Heath which is 400 metres away.
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