6, Richard Tress Way
6, Richard Tress Way
Description & Estimates
6, Richard Tress Way is recorded publicly as a modern leasehold apartment across 559 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 6, Richard Tress Way is £425,932 and its rental estimate is £2,133 per month, given the available information and assuming reasonable condition.
Richard Tress Way, London, E3 falls within the E3 postal district, in the borough of Tower Hamlets.
Our Data Sources
6, Richard Tress Way has 2 entries in the Land Registry , most recently in October 2022 and a single entry in the EPC database dated June 2019.
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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 6, Richard Tress Way, we estimate a market value of £447,228 and a rental value of £2,239 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £396,117 and £1,983 per month respectively.
Recent Market Change
Over the last year, 6, Richard Tress Way has seen its estimated sale value move down by £11,383 (2.7%) and its estimated rental value increase by £98 per month (4.6%). This results in an estimated gross rental yield of 6.0%.
Energy Efficiency
6, Richard Tress Way has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Jun 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Sold Prices
The most recent sale of 6, Richard Tress Way completed on 25th October 2022 at £460,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 2.7% over the period since October 2022.
- Sold Oct 2022£460,000
- Sold Jul 2019£460,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 6, Richard Tress Way have sold within a radius of 290 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th August 2025, was Flat 101, Arcus Apartments 39, St. Clements Avenue, London, E3 4SL, a leasehold flat which sold for £427,500.
Read more about house prices in E3.
- Sold Aug 2025£427,500 | 2 Bed FlatArcus Apartments 39, St. Clements AvenueFlat 101, Arcus Apartments 39, St. Clements Avenue, London, E3 4SL
- Sold Dec 2024£395,000 | 2 Bed FlatShaft Apartments 12, Richard Tress WayFlat 203, Shaft Apartments 12, Richard Tress Way, London, E3 4SN
- Sold Feb 2024£415,000 | 2 Bed FlatBroadhead Apartments 34, St. Clements AvenueFlat 202, Broadhead Apartments 34, St. Clements Avenue, London, E3 4SF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 57 addresses on Richard Tress Way, London, E3, 6, Richard Tress Way comes out as the 42nd largest and the 39th most expensive in our analysis of the public data.
It is also £19k less expensive than the average property across the E3 district.
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Schools Nearby
- 300mWellington Primary School
- 300mMalmesbury Primary School
- 700mThe Clara Grant Primary School
- 300mCentral Foundation Girls' School
- 1.1kmMulberry UTC
- 1.2kmMulberry Stepney Green Mathematics and Computing College
More reading links
Public Transport Nearby
From 6, Richard Tress Way, the nearest station is Mile End, 300 metres away.
- 300mMile End
- 300mBow Road
- 600mBow Church
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
