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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, 240, Bancroft Road is a period house with 914 ft2 of internal area.
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 240, Bancroft Road is £752,364 and the estimated rental value is £3,946 per month.
Bancroft Road, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
240, Bancroft Road has no records in the the Land Registry and a single entry in the EPC database dated October 2024.
We combine this information with public data 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 240, Bancroft Road is in very good condition we estimate a sale value of £789,983 and a rental value of £4,144 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £699,699 and a rental value of £3,670 per month.
Over the last 12 months the sale value of 240 Bancroft Road has decreased by an estimated £48,336 (6.4%) and its rental value has increased by an estimated £105 per month (2.7%), giving an expected gross yield of 6.3%.
240, Bancroft Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Oct 2024.
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 3 sales of properties similar to 240, Bancroft Road within a radius of 310 metres over the last 2 years.
The most recent example is 258, Bancroft Road, London, E1 4BS, a freehold house which sold for £960,000 on the 7th September 2023.
Read more about house prices in E1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 310 metres radius of 240, Bancroft Road over the last 2 years.
Most recently 27, Portman Place, London, E2 0LG, a leasehold flat let by Jorgensen Turner in January 2025.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bancroft Road, London, E1 has a total of 194 addresses. According to our analysis of all the public data, 240, Bancroft Road is the 58th largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £240k more expensive than the average property in E1.
The closest station to 240, Bancroft Road is Stepney Green station which is 500 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 240, Bancroft Road, 82.5% of property is socially rented and 10.0% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 240, Bancroft Road, 20.8% of residents are recorded as possessing school level qualifications and 25.7% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 240, Bancroft Road, the average age was 33.2 and the most common age was 27.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 240, Bancroft Road, 1.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 240, Bancroft Road, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
