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According to the public record, 358A, Old Ford Road is a period leasehold apartment with 1,130 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 358A, Old Ford Road is £810,919 and the estimated rental value is £4,086 per month.
The apartment is within 358, Old Ford Road, London, E3.
Old Ford Road, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
358A, Old Ford Road has 41 entries in the Land Registry , most recently in June 2021 and a single entry in the EPC database dated August 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.
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 358A, Old Ford Road is in very good condition we estimate a sale value of £851,464 and a rental value of £4,290 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £754,154 and a rental value of £3,800 per month.
Over the last 12 months the sale value of 358A Old Ford Road has decreased by an estimated £14,368 (1.8%) and its rental value has increased by an estimated £214 per month (5.2%), giving an expected gross yield of 6%.
358A, Old Ford Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Aug 2019.
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, 358A, Old Ford Road was last sold on 30th June 2021 for £800,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since June 2021, the market for similar properties has dropped 34.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 358A, Old Ford Road within a radius of 380 metres over the last 2 years.
The most recent example is 350, Old Ford Road, London, E3 5TA, a leasehold flat which sold for £760,000 on the 22nd December 2022.
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, 358A, Old Ford Road is the 50th largest and the 31st most expensive property on the street.
When compared to the postcode district it is £364k more expensive than the average property in E3.
The nearest school is Chisenhale Primary School which is 101 metres away. The nearest train station is Mile End which is 1.0 kilometres away.
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