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According to the public record, 16, Old Market Square is a mid-century leasehold apartment with 861 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 16, Old Market Square is £484,776 and the estimated rental value is £2,890 per month.
Old Market Square, London, E2 is located in the borough of Tower Hamlets within the E2 postal district.
16, Old Market Square has a single entry in the Land Registry from May 2012 and a single entry in the EPC database dated December 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 16, Old Market Square is in very good condition we estimate a sale value of £509,015 and a rental value of £3,034 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £450,842 and a rental value of £2,687 per month.
Over the last 12 months the sale value of 16 Old Market Square has decreased by an estimated £11,907 (2.5%) and its rental value has increased by an estimated £165 per month (5.7%), giving an expected gross yield of 7.2%.
16, Old Market Square has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Dec 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 HM Land Registry, 16, Old Market Square was last sold on 11th May 2012 for £305,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2012, the market for similar properties has risen 39.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Old Market Square within a radius of 230 metres over the last 2 years.
The most recent example is Flat 14, Cuff Point, Columbia Road, London, E2 7PP, a leasehold flat which sold for £417,000 on the 7th February 2025.
Read more about house prices in E2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Old Market Square, London, E2 has a total of 60 addresses. According to our analysis of all the public data, 16, Old Market Square is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £25k less expensive than the average property in E2.
The nearest school is Columbia Primary School which is 241 metres away. The nearest train station is Hoxton which is 300 metres away.
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