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Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Shetland Road is £224,573 and the estimated rental value is £1,451 per month.
Shetland Road, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
5, Shetland Road has no records in the the Land Registry and a single entry in the EPC database dated April 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 5, Shetland Road is in very good condition we estimate a sale value of £235,802 and a rental value of £1,524 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £208,853 and a rental value of £1,350 per month.
Over the last 12 months the sale value of 5 Shetland Road has decreased by an estimated £3,979 (1.8%) and its rental value has increased by an estimated £76 per month (5.2%), giving an expected gross yield of 7.8%.
5, Shetland Road has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Apr 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 250 metres radius of 5, Shetland Road over the last 2 years.
The most recent example is Flat 18, Gullane House, Shetland Road, London, E3 5HB, a leasehold flat which sold for £425,000 on the 27th April 2018.
Read more about house prices in E3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Shetland Road, London, E3 has a total of 65 addresses. According to our analysis of all the public data, 5, Shetland Road is the 2nd largest and the 58th most expensive property on the street.
When compared to the postcode district it is £222k less expensive than the average property in E3.
The nearest school is Old Ford Primary - A Paradigm Academy which is 302 metres away. The nearest train station is Bow Road which is 500 metres away.
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