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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 1B, Ford Close is £220,706 and the estimated rental value is £1,371 per month.
The apartment is within 1, Ford Close, London, E3.
Ford Close, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
1B, Ford Close has no records in the the Land Registry and a single entry in the EPC database dated July 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 1B, Ford Close is in very good condition we estimate a sale value of £231,741 and a rental value of £1,439 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £205,257 and a rental value of £1,275 per month.
Over the last 12 months the sale value of 1B Ford Close has decreased by an estimated £4,601 (2.1%) and its rental value has increased by an estimated £67 per month (4.9%), giving an expected gross yield of 7.5%.
1B, Ford Close has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Jul 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 1B, Ford Close within a radius of 270 metres over the last 2 years.
The most recent example is 64, Rosebank Gardens, London, E3 5EF, a leasehold flat which sold for £162,300 on the 11th March 2015.
Read more about house prices in E3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ford Close, London, E3 has a total of 11 addresses. According to our analysis of all the public data, 1B, Ford Close is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £226k less expensive than the average property in E3.
The nearest school is Old Ford Primary - A Paradigm Academy which is 198 metres away. The nearest train station is Mile End which is 800 metres away.
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