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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 224, Old Ford Road is £480,283 and the estimated rental value is £2,562 per month.
Old Ford Road, London, E2 is located in the borough of Tower Hamlets within the E2 postal district.
224, Old Ford Road has no records in the the Land Registry and a single entry in the EPC database dated June 2024.
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 224, Old Ford Road is in very good condition we estimate a sale value of £504,297 and a rental value of £2,690 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £446,663 and a rental value of £2,383 per month.
Over the last 12 months the sale value of 224 Old Ford Road has decreased by an estimated £10,841 (2.3%) and its rental value has increased by an estimated £166 per month (6.5%), giving an expected gross yield of 6.4%.
224, Old Ford Road has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 22 Jun 2024.
The property is not connected to mains gas and has single glazed windows. It is heated using Room heaters, electric.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 224, Old Ford Road within a radius of 340 metres over the last 2 years.
The most recent example is Flat 1, Caesar Court, Palmers Road, London, E2 0SG, a leasehold flat which sold for £372,000 on the 28th June 2024.
Read more about house prices in E2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Old Ford Road, London, E2 has a total of 279 addresses. According to our analysis of all the public data, 224, Old Ford Road is the 228th largest and the 126th most expensive property on the street.
When compared to the postcode district it is £29k less expensive than the average property in E2.
The nearest school is Bonner Primary School which is 279 metres away. The nearest train station is Bethnal Green which is 800 metres away.
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