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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 111A, Parnell Road is a mid-century leasehold apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for 111A, Parnell Road is £273,086 and the estimated rental value is £1,741 per month.
The apartment is within 111, Parnell Road, London, E3.
Parnell Road, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
111A, Parnell Road has 21 entries in the Land Registry , most recently in June 2016 and a single entry in the EPC database dated March 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 111A, Parnell Road is in very good condition we estimate a sale value of £286,740 and a rental value of £1,828 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £253,970 and a rental value of £1,619 per month.
Over the last 12 months the sale value of 111A Parnell Road has decreased by an estimated £7,494 (2.7%) and its rental value has increased by an estimated £83 per month (4.8%), giving an expected gross yield of 7.7%.
111A, Parnell Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Mar 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 111A, Parnell Road was last sold on 30th June 2016 for £310,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since June 2016, the market for similar properties has risen 18.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 111A, Parnell Road within a radius of 280 metres over the last 2 years.
The most recent example is 115E, Parnell Road, London, E3 2RT, a leasehold flat which sold for £312,000 on the 27th March 2024.
Read more about house prices in E3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parnell Road, London, E3 has a total of 278 addresses. According to our analysis of all the public data, 111A, Parnell Road is the 271st largest and the 263rd most expensive property on the street.
When compared to the postcode district it is £174k less expensive than the average property in E3.
The nearest school is Mulberry UTC which is 13 metres away. The nearest train station is Bow Road which is 900 metres away.
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