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According to the public record, 28, Rainhill Way is a mid-century apartment with 559 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 28, Rainhill Way is £329,038 and the estimated rental value is £1,990 per month.
Rainhill Way, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
28, Rainhill Way has no records in the the Land Registry and a single entry in the EPC database dated September 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 28, Rainhill Way is in very good condition we estimate a sale value of £345,490 and a rental value of £2,089 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £306,005 and a rental value of £1,850 per month.
Over the last 12 months the sale value of 28 Rainhill Way has decreased by an estimated £7,570 (2.3%) and its rental value has increased by an estimated £103 per month (5.2%), giving an expected gross yield of 7.3%.
28, Rainhill Way has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Sep 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 28, Rainhill Way within a radius of 270 metres over the last 2 years.
The most recent example is 26, Rainhill Way, London, E3 3JD, a leasehold flat which sold for £260,000 on the 18th November 2022.
Read more about house prices in E3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rainhill Way, London, E3 has a total of 619 addresses. According to our analysis of all the public data, 28, Rainhill Way is the 438th largest and the 348th most expensive property on the street.
When compared to the postcode district it is £118k less expensive than the average property in E3.
The nearest school is St Agnes RC Primary School which is 75 metres away. The nearest train station is Bow Church which is 100 metres away.
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