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Apartments 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 49, Approach Road is £782,544 and the estimated rental value is £3,510 per month.
The apartment is within 49, Approach Road, London, E2.
Approach Road, London, E2 is located in the borough of Tower Hamlets within the E2 postal district.
49, Approach Road has no records in the the Land Registry and a single entry in the EPC database dated August 2019.
We combine this information with public data 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 49, Approach Road is in very good condition we estimate a sale value of £821,671 and a rental value of £3,686 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £727,766 and a rental value of £3,264 per month.
Over the last 12 months the sale value of 49 Approach Road has decreased by an estimated £22,229 (2.8%) and its rental value has increased by an estimated £214 per month (6.1%), giving an expected gross yield of 5.4%.
49, Approach Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 Aug 2019.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 49, Approach Road within a radius of 300 metres over the last 2 years.
The most recent example is 35, Approach Road, London, E2 9LY, a leasehold flat which sold for £695,000 on the 3rd April 2024.
Read more about house prices in E2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Approach Road, London, E2 has a total of 188 addresses. According to our analysis of all the public data, 49, Approach Road is the 29th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £273k more expensive than the average property in E2.
The nearest school is St Elizabeth Catholic Primary School which is 165 metres away. The nearest train station is Cambridge Heath which is 400 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.
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