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According to the public record, 29, Rainbow Avenue is a modern freehold house with 2,195 ft2 of internal area and sits on a 93.5 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 29, Rainbow Avenue is £1,108,074 and the estimated rental value is £6,202 per month.
Rainbow Avenue, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
29, Rainbow Avenue has 2 entries in the Land Registry , most recently in October 2016 and a single entry in the EPC database dated September 2013.
We combine this information with that 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 29, Rainbow Avenue is in very good condition we estimate a sale value of £1,163,478 and a rental value of £6,512 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,030,509 and a rental value of £5,768 per month.
Over the last 12 months the sale value of 29 Rainbow Avenue has decreased by an estimated £52,902 (4.8%) and its rental value has increased by an estimated £260 per month (4.2%), giving an expected gross yield of 6.7%.
According to data from HM Land Registry, 29, Rainbow Avenue sits on a plot of 93m2.
We have plot size data on 19 out of 20 other houses in the postcode and 29, Rainbow Avenue sits on the 18th largest plot.
29, Rainbow Avenue has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Sep 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 29, Rainbow Avenue was last sold on 27th October 2016 for £678,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since October 2016, the market for similar properties has dropped 2.1%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 350 metres radius of 29, Rainbow Avenue over the last 2 years.
The most recent example is 27, Rainbow Avenue, London, E14 3AR, a freehold house which sold for £945,000 on the 1st April 2021.
Read more about house prices in E14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rainbow Avenue, London, E14 has a total of 20 addresses. According to our analysis of all the public data, 29, Rainbow Avenue is the 2nd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £636k more expensive than the average property in E14.
The nearest school is Harbinger Primary School which is 260 metres away. The nearest train station is Mudchute which is 500 metres away.
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