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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Franklin Street is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 971 ft2 of internal area and sits on a 129 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Franklin Street is £581,405 and the estimated rental value is £3,577 per month.
Franklin Street, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
2, Franklin Street has a single entry in the Land Registry from March 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 2, Franklin Street is in very good condition we estimate a sale value of £610,475 and a rental value of £3,756 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £540,707 and a rental value of £3,327 per month.
Over the last 12 months the sale value of 2 Franklin Street has decreased by an estimated £22,198 (3.8%) and its rental value has increased by an estimated £108 per month (3.0%), giving an expected gross yield of 7.4%.
According to data from HM Land Registry, 2, Franklin Street sits on a plot of 129m2.
We have plot size data on 6 out of 9 other houses in the postcode and 2, Franklin Street sits on the largest plot.
According to HM Land Registry, 2, Franklin Street was last sold on 3rd March 2008 for £295,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2008, the market for similar properties has risen 85.9%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 2, Franklin Street within a radius of 300 metres over the last 2 years.
The most recent example is 8, Taft Way, London, E3 3DH, a freehold house which sold for £499,995 on the 11th March 2019.
Read more about house prices in E3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Franklin Street, London, E3 has a total of 9 addresses. According to our analysis of all the public data, 2, Franklin Street is the largest and the most expensive property on the street.
When compared to the postcode district it is £135k more expensive than the average property in E3.
The nearest school is Old Palace Primary School which is 116 metres away. The nearest train station is Bromley-by-Bow which is 300 metres away.
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