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Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Ford Close is £627,908 and the estimated rental value is £3,861 per month.
Ford Close, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
2, Ford Close has no recent1 records in the the Land Registry and a single entry in the EPC database dated December 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 2, Ford Close is in very good condition we estimate a sale value of £659,304 and a rental value of £4,054 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £583,955 and a rental value of £3,591 per month.
Over the last 12 months the sale value of 2 Ford Close has decreased by an estimated £23,974 (3.8%) and its rental value has increased by an estimated £116 per month (3.0%), giving an expected gross yield of 7.4%.
According to data from HM Land Registry, 2, Ford Close sits on a plot of 79m2.
We have plot size data on 5 out of 5 other houses in the postcode and 2, Ford Close sits on the 2nd largest plot.
2, Ford Close has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Dec 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, 2, Ford Close was last sold on 4th November 2003 for £265,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Ford Close within a radius of 270 metres over the last 2 years.
The most recent example is 12, Alice Lane, London, E3 5JX, a freehold house which sold for £700,000 on the 12th March 2021.
Read more about house prices in E3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ford Close, London, E3 has a total of 11 addresses. According to our analysis of all the public data, 2, Ford Close is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £181k more expensive than the average property in E3.
The nearest school is Old Ford Primary - A Paradigm Academy which is 198 metres away. The nearest train station is Mile End which is 800 metres away.
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