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By comparing it to neighbours, we estimate that it is a period apartment with 724 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 338B, Old Ford Road is £590,103 and the estimated rental value is £2,909 per month.
The apartment is within 338, Old Ford Road, London, E3.
Old Ford Road, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
338B, Old Ford Road has 31 entries in the Land Registry , most recently in May 2012 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 338B, Old Ford Road is in very good condition we estimate a sale value of £619,608 and a rental value of £3,054 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £548,795 and a rental value of £2,705 per month.
Over the last 12 months the sale value of 338B Old Ford Road has decreased by an estimated £13,577 (2.3%) and its rental value has increased by an estimated £151 per month (5.2%), giving an expected gross yield of 5.9%.
According to HM Land Registry, 338B, Old Ford Road was last sold on 11th May 2012 for £400,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since May 2012, the market for similar properties has risen 13.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 338B, 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, 338B, Old Ford Road is the 244th largest and the 139th most expensive property on the street.
When compared to the postcode district it is £143k 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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