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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, 332B, Old Ford Road is a period leasehold apartment with 688 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 332B, Old Ford Road is £569,674 and the estimated rental value is £2,812 per month.
The apartment is within 332, Old Ford Road, London, E3.
Old Ford Road, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
332B, Old Ford Road has 21 entries in the Land Registry , most recently in June 2023 and a single entry in the EPC database dated February 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 332B, Old Ford Road is in very good condition we estimate a sale value of £598,157 and a rental value of £2,953 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £529,796 and a rental value of £2,615 per month.
Over the last 12 months the sale value of 332B Old Ford Road has decreased by an estimated £12,437 (2.2%) and its rental value has increased by an estimated £138 per month (4.9%), giving an expected gross yield of 5.9%.
332B, Old Ford Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Feb 2023.
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, 332B, Old Ford Road was last sold on 16th June 2023 for £750,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since June 2023, the market for similar properties has dropped 26.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 332B, Old Ford Road within a radius of 400 metres over the last 2 years.
The most recent example is 39B, Driffield Road, London, E3 5NE, a leasehold flat which sold for £715,000 on the 24th November 2023.
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, 332B, Old Ford Road is the 254th largest and the 152nd most expensive property on the street.
When compared to the postcode district it is £123k 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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