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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, 354B, Old Ford Road is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 951 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 354B, Old Ford Road is £721,651 and the estimated rental value is £3,641 per month.
The apartment is within 354, Old Ford Road, London, E3.
Old Ford Road, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
354B, Old Ford Road has 41 entries in the Land Registry , most recently in October 2023 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 354B, Old Ford Road is in very good condition we estimate a sale value of £757,734 and a rental value of £3,823 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £671,135 and a rental value of £3,386 per month.
Over the last 12 months the sale value of 354B Old Ford Road has decreased by an estimated £12,786 (1.8%) and its rental value has increased by an estimated £191 per month (5.2%), giving an expected gross yield of 6.1%.
According to HM Land Registry, 354B, Old Ford Road was last sold on 17th October 2023 for £915,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since October 2023, the market for similar properties has dropped 35.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 354B, Old Ford Road within a radius of 380 metres over the last 2 years.
The most recent example is 32, Driffield Road, London, E3 5NF, a leasehold flat which sold for £725,000 on the 13th April 2021.
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, 354B, Old Ford Road is the 110th largest and the 43rd most expensive property on the street.
When compared to the postcode district it is £275k 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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