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According to the public record, 294A, Old Ford Road is a period leasehold apartment with 624 ft2 of internal area.
Apartments 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 294A, Old Ford Road is £479,887 and the estimated rental value is £2,569 per month.
The apartment is within 294, Old Ford Road, London, E3.
Old Ford Road, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
294A, Old Ford Road has a single entry in the Land Registry from July 2019 and a single entry in the EPC database dated June 2016.
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 294A, Old Ford Road is in very good condition we estimate a sale value of £503,881 and a rental value of £2,698 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £446,295 and a rental value of £2,389 per month.
Over the last 12 months the sale value of 294A Old Ford Road has decreased by an estimated £10,477 (2.2%) and its rental value has increased by an estimated £126 per month (4.9%), giving an expected gross yield of 6.4%.
294A, Old Ford Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Jun 2016.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 294A, Old Ford Road was last sold on 10th July 2019 for £319,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2019, the market for similar properties has dropped 24.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 294A, Old Ford Road within a radius of 390 metres over the last 2 years.
The most recent example is 45A, Driffield Road, London, E3 5NE, a leasehold flat which sold for £480,000 on the 4th October 2024.
Read more about house prices in E3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Old Ford Road, London, E3 has a total of 471 addresses. According to our analysis of all the public data, 294A, Old Ford Road is the 278th largest and the 220th most expensive property on the street.
When compared to the postcode district it is £33k more expensive than the average property in E3.
The nearest school is Chisenhale Primary School which is 260 metres away. The nearest train station is Cambridge Heath which is 1.0 kilometres away.
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