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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, 47, Old Ford Road is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 161 ft2 of internal area and a garden.
Apartments of this size in this area are normally studios.
Based on available information, and assuming reasonable condition, the estimated sale value for 47, Old Ford Road is £176,965 and the estimated rental value is £983 per month.
Old Ford Road, London, E2 is located in the borough of Tower Hamlets within the E2 postal district.
47, Old Ford Road has a single entry in the Land Registry from May 2018 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 2 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 47, Old Ford Road is in very good condition we estimate a sale value of £185,813 and a rental value of £1,032 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £164,577 and a rental value of £914 per month.
Over the last 12 months the sale value of 47 Old Ford Road has decreased by an estimated £4,651 (2.6%) and its rental value has increased by an estimated £61 per month (6.2%), giving an expected gross yield of 6.7%.
According to HM Land Registry, 47, Old Ford Road was last sold on 16th May 2018 for £100,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2018, the market for similar properties has risen 1.6%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 47, Old Ford Road within a radius of 300 metres over the last 2 years.
The most recent example is Flat 48, Museum House, Burnham Street, London, E2 0JA, a leasehold flat which sold for £200,000 on the 23rd August 2023.
Read more about house prices in E2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Old Ford Road, London, E2 has a total of 279 addresses. According to our analysis of all the public data, 47, Old Ford Road is the 279th largest and the 279th most expensive property on the street.
When compared to the postcode district it is £333k less expensive than the average property in E2.
The nearest school is St John's Church of England Primary School which is 28 metres away. The nearest train station is Bethnal Green which is 300 metres away.
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