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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
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According to the public record, 32, Driffield Road is a period leasehold apartment with 1,087 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 32, Driffield Road is £725,113 and the estimated rental value is £3,653 per month.
The apartment is within 32, Driffield Road, London, E3.
Driffield Road, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
32, Driffield Road has a single entry in the Land Registry from April 2021 and a single entry in the EPC database dated October 2022.
We combine this information with that 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 32, Driffield Road is in very good condition we estimate a sale value of £761,369 and a rental value of £3,836 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £674,355 and a rental value of £3,398 per month.
Over the last 12 months the sale value of 32 Driffield Road has decreased by an estimated £12,847 (1.8%) and its rental value has increased by an estimated £192 per month (5.2%), giving an expected gross yield of 6%.
32, Driffield Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Oct 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 32, Driffield Road was last sold on 13th April 2021 for £725,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since April 2021, the market for similar properties has dropped 34.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 32, Driffield Road within a radius of 280 metres over the last 2 years.
The most recent example is 354B, Old Ford Road, London, E3 5TA, a leasehold flat which sold for £915,000 on the 17th October 2023.
Read more about house prices in E3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Driffield Road, London, E3 has a total of 99 addresses. According to our analysis of all the public data, 32, Driffield Road is the 32nd largest and the 41st most expensive property on the street.
When compared to the postcode district it is £278k more expensive than the average property in E3.
The nearest school is Chisenhale Primary School which is 199 metres away. The nearest train station is Mile End which is 800 metres away.
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