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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 389B, Old Ford Road is £212,341 and the estimated rental value is £1,319 per month.
The apartment is within 389, Old Ford Road, London, E3.
Old Ford Road, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
389B, Old Ford Road has no records in the the Land Registry and a single entry in the EPC database dated October 2019.
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 389B, Old Ford Road is in very good condition we estimate a sale value of £222,959 and a rental value of £1,385 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £197,478 and a rental value of £1,227 per month.
Over the last 12 months the sale value of 389B Old Ford Road has decreased by an estimated £4,427 (2.1%) and its rental value has increased by an estimated £64 per month (4.9%), giving an expected gross yield of 7.5%.
389B, Old Ford Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Oct 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 the Land Registry and our network of Estate Agents, there have been 3 property sales within a 310 metres radius of 389B, Old Ford Road over the last 2 years.
The most recent example is Flat B, 391, Old Ford Road, London, E3 2LU, a leasehold flat which sold for £375,000 on the 26th October 2017.
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, 389B, Old Ford Road is the 470th largest and the 470th most expensive property on the street.
When compared to the postcode district it is £235k less expensive than the average property in E3.
The nearest school is Mulberry UTC which is 139 metres away. The nearest train station is Hackney Wick which is 800 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
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