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By comparing it to neighbours, we estimate that it is a period apartment with 707 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 41, Driffield Road is £587,889 and the estimated rental value is £2,900 per month.
The apartment is within 41, Driffield Road, London, E3.
Driffield Road, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
41, Driffield Road has 41 entries in the Land Registry , most recently in June 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 41, Driffield Road is in very good condition we estimate a sale value of £617,283 and a rental value of £3,045 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £546,737 and a rental value of £2,697 per month.
Over the last 12 months the sale value of 41 Driffield Road has decreased by an estimated £12,835 (2.2%) and its rental value has increased by an estimated £142 per month (4.9%), giving an expected gross yield of 5.9%.
According to HM Land Registry, 41, Driffield Road was last sold on 7th June 2021 for £579,500 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since June 2021, the market for similar properties has dropped 25.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, Driffield Road within a radius of 280 metres over the last 2 years.
The most recent example is 39B, Driffield Road, London, E3 5NE, a leasehold flat which sold for £715,000 on the 24th November 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, 41, Driffield Road is the 53rd largest and the 48th most expensive property on the street.
When compared to the postcode district it is £141k more expensive than the average property in E3.
The nearest school is Chisenhale Primary School which is 153 metres away. The nearest train station is Mile End which is 900 metres away.
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