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Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 55, Eric Street is £457,196 and the estimated rental value is £2,737 per month.
Eric Street, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
55, Eric Street has no records in the the Land Registry and a single entry in the EPC database dated June 2024.
We combine this information with public data 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 55, Eric Street is in very good condition we estimate a sale value of £480,056 and a rental value of £2,874 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £425,193 and a rental value of £2,545 per month.
Over the last 12 months the sale value of 55 Eric Street has decreased by an estimated £15,568 (3.4%) and its rental value has increased by an estimated £96 per month (3.5%), giving an expected gross yield of 7.2%.
55, Eric Street has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Jun 2024.
The property is connected to mains gas and has fully double 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 2 sales of properties similar to 55, Eric Street within a radius of 320 metres over the last 2 years.
The most recent example is 8, Grand Walk, London, E1 4PJ, a freehold house which sold for £264,543 on the 1st April 2016.
Read more about house prices in E3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Eric Street, London, E3 has a total of 255 addresses. According to our analysis of all the public data, 55, Eric Street is the 222nd largest and the 56th most expensive property on the street.
When compared to the postcode district it is £10k more expensive than the average property in E3.
The nearest school is Solebay Primary - A Paradigm Academy which is 352 metres away. The nearest train station is Mile End which is 200 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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