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Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 96, Bishops Way is £362,700 and the estimated rental value is £2,049 per month.
Bishops Way, London, E2 is located in the borough of Tower Hamlets within the E2 postal district.
96, Bishops Way has 4 entries in the Land Registry , most recently in November 2024 and a single entry in the EPC database dated September 2023.
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 96, Bishops Way is in very good condition we estimate a sale value of £380,835 and a rental value of £2,151 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £337,311 and a rental value of £1,905 per month.
Over the last 12 months the sale value of 96 Bishops Way has decreased by an estimated £8,729 (2.4%) and its rental value has increased by an estimated £134 per month (6.6%), giving an expected gross yield of 6.8%.
96, Bishops Way has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Sep 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 96, Bishops Way was last sold on 15th November 2024 for £375,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since November 2024, the market for similar properties has dropped 8.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 96, Bishops Way within a radius of 330 metres over the last 2 years.
The most recent example is Flat 55, Reynolds House, Approach Road, London, E2 9JR, a leasehold flat which sold for £320,000 on the 15th February 2024.
Read more about house prices in E2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bishops Way, London, E2 has a total of 281 addresses. According to our analysis of all the public data, 96, Bishops Way is the 260th largest and the 132nd most expensive property on the street.
When compared to the postcode district it is £147k less expensive than the average property in E2.
The nearest school is St Elizabeth Catholic Primary School which is 86 metres away. The nearest train station is Cambridge Heath which is 400 metres away.
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