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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, 27, Palmers Road is a modern leasehold apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 27, Palmers Road is £350,176 and the estimated rental value is £2,090 per month.
Palmers Road, London, E2 is located in the borough of Tower Hamlets within the E2 postal district.
27, Palmers Road has a single entry in the Land Registry from March 2020 and a single entry in the EPC database dated November 2022.
We combine this information with that 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 27, Palmers Road is in very good condition we estimate a sale value of £367,685 and a rental value of £2,195 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £325,664 and a rental value of £1,944 per month.
Over the last 12 months the sale value of 27 Palmers Road has decreased by an estimated £7,904 (2.3%) and its rental value has increased by an estimated £135 per month (6.5%), giving an expected gross yield of 7.2%.
27, Palmers Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Nov 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
According to HM Land Registry, 27, Palmers Road was last sold on 27th March 2020 for £360,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2020, the market for similar properties has risen 21.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 27, Palmers Road within a radius of 280 metres over the last 2 years.
The most recent example is Flat 404, Wharton House 67, Palmers Road, London, E2 0FF, a leasehold flat which sold for £375,000 on the 30th October 2024.
Read more about house prices in E2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Palmers Road, London, E2 has a total of 718 addresses. According to our analysis of all the public data, 27, Palmers Road is the 654th largest and the 663rd most expensive property on the street.
When compared to the postcode district it is £159k less expensive than the average property in E2.
The nearest school is Bonner Primary School which is 429 metres away. The nearest train station is Mile End which is 800 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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