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Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 22, Approach Road is £1,782,021 and the estimated rental value is £7,452 per month.
Approach Road, London, E2 is located in the borough of Tower Hamlets within the E2 postal district.
22, Approach Road has no records in the the Land Registry and a single entry in the EPC database dated March 2021.
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 22, Approach Road is in very good condition we estimate a sale value of £1,871,122 and a rental value of £7,825 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,657,280 and a rental value of £6,931 per month.
Over the last 12 months the sale value of 22 Approach Road has decreased by an estimated £121,500 (6.8%) and its rental value has increased by an estimated £210 per month (2.8%), giving an expected gross yield of 5%.
According to data from HM Land Registry, 22, Approach Road sits on a plot of 158m2.
We have plot size data on 7 out of 12 other houses in the postcode and 22, Approach Road sits on the 4th largest plot.
22, Approach Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Mar 2021.
The property is connected to mains gas and has partial secondary glazing. 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 22, Approach Road within a radius of 290 metres over the last 2 years.
The most recent example is 10, Approach Road, London, E2 9LY, a freehold house which sold for £1,675,000 on the 28th January 2016.
Read more about house prices in E2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Approach Road, London, E2 has a total of 188 addresses. According to our analysis of all the public data, 22, Approach Road is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £1.272m more expensive than the average property in E2.
The nearest school is St Elizabeth Catholic Primary School which is 165 metres away. The nearest train station is Cambridge Heath which is 400 metres away.
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