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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, 48, Rainhill Way is a mid-century leasehold apartment with 807 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 48, Rainhill Way is £418,875 and the estimated rental value is £2,591 per month.
Rainhill Way, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
48, Rainhill Way has 31 entries in the Land Registry , most recently in October 2022 and a single entry in the EPC database dated July 2014.
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 48, Rainhill Way is in very good condition we estimate a sale value of £439,819 and a rental value of £2,720 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £389,554 and a rental value of £2,409 per month.
Over the last 12 months the sale value of 48 Rainhill Way has decreased by an estimated £7,421 (1.8%) and its rental value has increased by an estimated £136 per month (5.2%), giving an expected gross yield of 7.4%.
48, Rainhill Way has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Jul 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
According to HM Land Registry, 48, Rainhill Way was last sold on 14th October 2022 for £440,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since October 2022, the market for similar properties has risen 23.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Rainhill Way within a radius of 290 metres over the last 2 years.
The most recent example is 42, Regent Square, London, E3 3HW, a leasehold flat which sold for £472,000 on the 31st August 2022.
Read more about house prices in E3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rainhill Way, London, E3 has a total of 619 addresses. According to our analysis of all the public data, 48, Rainhill Way is the 183rd largest and the 96th most expensive property on the street.
When compared to the postcode district it is £28k less expensive than the average property in E3.
The nearest school is St Agnes RC Primary School which is 75 metres away. The nearest train station is Bow Church which is 100 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
