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According to the public record, 2, Shetland Road is a modern house with 1,119 ft2 of internal area and sits on a 78.7 m2 plot.
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, Shetland Road is £313,378 and the estimated rental value is £1,927 per month.
Shetland Road, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
2, Shetland Road has no records in the the Land Registry and a single entry in the EPC database dated April 2016.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, Shetland Road is in very good condition we estimate a sale value of £329,047 and a rental value of £2,024 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £291,441 and a rental value of £1,792 per month.
Over the last 12 months the sale value of 2 Shetland Road has decreased by an estimated £11,965 (3.8%) and its rental value has increased by an estimated £58 per month (3.0%), giving an expected gross yield of 7.4%.
According to data from HM Land Registry, 2, Shetland Road sits on a plot of 79m2.
2, Shetland Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Apr 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 2, Shetland Road within a radius of 250 metres over the last 2 years.
The most recent example is 1, Shetland Road, London, E3 5HL, a leasehold house which sold for £165,000 on the 28th August 2009.
Read more about house prices in E3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Shetland Road, London, E3 has a total of 65 addresses. According to our analysis of all the public data, 2, Shetland Road is the 6th largest and the 55th most expensive property on the street.
When compared to the postcode district it is £134k less expensive than the average property in E3.
The nearest school is Old Ford Primary - A Paradigm Academy which is 302 metres away. The nearest train station is Bow Road which is 500 metres away.
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