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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 92, Rainhill Way is £336,894 and the estimated rental value is £2,035 per month.
Rainhill Way, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
92, Rainhill Way has a single entry in the Land Registry from July 2021 and a single entry in the EPC database dated June 2021.
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 92, Rainhill Way is in very good condition we estimate a sale value of £353,738 and a rental value of £2,137 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £313,311 and a rental value of £1,893 per month.
Over the last 12 months the sale value of 92 Rainhill Way has decreased by an estimated £7,751 (2.3%) and its rental value has increased by an estimated £105 per month (5.2%), giving an expected gross yield of 7.3%.
92, Rainhill Way has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Jun 2021.
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, 92, Rainhill Way was last sold on 29th July 2021 for £240,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2021, the market for similar properties has risen 10.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 92, Rainhill Way within a radius of 280 metres over the last 2 years.
The most recent example is 26, Rainhill Way, London, E3 3JD, a leasehold flat which sold for £260,000 on the 18th November 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, 92, Rainhill Way is the 432nd largest and the 343rd most expensive property on the street.
When compared to the postcode district it is £110k 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.
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