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Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 47, Driffield Road is £1,057,872 and the estimated rental value is £5,455 per month.
Driffield Road, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
47, Driffield Road has 41 entries in the Land Registry , most recently in October 2022 and a single entry in the EPC database dated June 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 47, Driffield Road is in very good condition we estimate a sale value of £1,110,765 and a rental value of £5,728 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £983,821 and a rental value of £5,073 per month.
Over the last 12 months the sale value of 47 Driffield Road has decreased by an estimated £40,390 (3.8%) and its rental value has increased by an estimated £164 per month (3.0%), giving an expected gross yield of 6.2%.
According to data from HM Land Registry, 47, Driffield Road sits on a plot of 114m2.
We have plot size data on 26 out of 26 other houses in the postcode and 47, Driffield Road sits on the 28th largest plot.
47, Driffield Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Jun 2019.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and underfloor heating, mains gas.
According to HM Land Registry, 47, Driffield Road was last sold on 27th October 2022 for £1,280,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since October 2022, the market for similar properties has dropped 29.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 47, Driffield Road within a radius of 280 metres over the last 2 years.
The most recent example is 73, Driffield Road, London, E3 5NE, a freehold house which sold for £1,150,000 on the 1st December 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, 47, Driffield Road is the 19th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £611k 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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