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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
|
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 342, Old Ford Road is a period leasehold apartment with 1,119 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 342, Old Ford Road is £805,594 and the estimated rental value is £4,059 per month.
The apartment is within 342, Old Ford Road, London, E3.
Old Ford Road, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
342, Old Ford Road has a single entry in the Land Registry from March 2021 and a single entry in the EPC database dated November 2020.
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 342, Old Ford Road is in very good condition we estimate a sale value of £845,873 and a rental value of £4,262 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £749,202 and a rental value of £3,775 per month.
Over the last 12 months the sale value of 342 Old Ford Road has decreased by an estimated £14,273 (1.8%) and its rental value has increased by an estimated £213 per month (5.2%), giving an expected gross yield of 6%.
342, Old Ford Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Nov 2020.
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, 342, Old Ford Road was last sold on 12th March 2021 for £812,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2021, the market for similar properties has dropped 34.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 342, Old Ford Road within a radius of 390 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.
Old Ford Road, London, E3 has a total of 471 addresses. According to our analysis of all the public data, 342, Old Ford Road is the 55th largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £359k more expensive than the average property in E3.
The nearest school is Chisenhale Primary School which is 101 metres away. The nearest train station is Mile End which is 1.0 kilometres 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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