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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
According to the public record, 2, Friars Mead is a modern freehold house with 624 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Friars Mead is £552,970 and the estimated rental value is £2,810 per month.
Friars Mead, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
2, Friars Mead has 31 entries in the Land Registry , most recently in January 2020 and a single entry in the EPC database dated September 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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, Friars Mead is in very good condition we estimate a sale value of £580,618 and a rental value of £2,951 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £514,262 and a rental value of £2,613 per month.
Over the last 12 months the sale value of 2 Friars Mead has decreased by an estimated £12,125 (2.2%) and its rental value has increased by an estimated £165 per month (5.9%), giving an expected gross yield of 6.1%.
2, Friars Mead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Sep 2019.
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, Friars Mead was last sold on 17th January 2020 for £540,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since January 2020, the market for similar properties has dropped 8.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Friars Mead within a radius of 370 metres over the last 2 years.
The most recent example is 34, Friars Mead, London, E14 3JZ, a freehold house which sold for £620,000 on the 6th October 2023.
Read more about house prices in E14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Friars Mead, London, E14 has a total of 74 addresses. According to our analysis of all the public data, 2, Friars Mead is the 36th largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £78k more expensive than the average property in E14.
The nearest school is Cubitt Town Primary School which is 100 metres away. The nearest train station is Crossharbour which is 400 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
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