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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, Sheffield Square is £458,356 and the estimated rental value is £2,886 per month.
Sheffield Square, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
16, Sheffield Square has 31 entries in the Land Registry , most recently in September 2022 and a single entry in the EPC database dated April 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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, Sheffield Square is in very good condition we estimate a sale value of £481,274 and a rental value of £3,030 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £426,271 and a rental value of £2,684 per month.
Over the last 12 months the sale value of 16 Sheffield Square has decreased by an estimated £8,121 (1.8%) and its rental value has increased by an estimated £151 per month (5.2%), giving an expected gross yield of 7.6%.
16, Sheffield Square has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Apr 2022.
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, Sheffield Square was last sold on 30th September 2022 for £455,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since September 2022, the market for similar properties has risen 8.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Sheffield Square within a radius of 280 metres over the last 2 years.
The most recent example is 31, Lawrence Close, London, E3 2AS, a leasehold flat which sold for £480,000 on the 22nd October 2024.
Read more about house prices in E3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sheffield Square, London, E3 has a total of 74 addresses. According to our analysis of all the public data, 16, Sheffield Square is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £11k more expensive than the average property in E3.
The nearest school is Central Foundation Girls' School which is 218 metres away. The nearest train station is Bow Road which is 300 metres away.
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