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According to the public record, 63B, Approach Road is a period apartment with 462 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 63B, Approach Road is £447,295 and the estimated rental value is £2,004 per month.
The apartment is within 63, Approach Road, London, E2.
Approach Road, London, E2 is located in the borough of Tower Hamlets within the E2 postal district.
63B, Approach Road has no records in the the Land Registry and a single entry in the EPC database dated April 2019.
We combine this information with public data 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 63B, Approach Road is in very good condition we estimate a sale value of £469,659 and a rental value of £2,105 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £415,984 and a rental value of £1,864 per month.
Over the last 12 months the sale value of 63B Approach Road has decreased by an estimated £10,765 (2.4%) and its rental value has increased by an estimated £131 per month (6.6%), giving an expected gross yield of 5.4%.
63B, Approach Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Apr 2019.
The property is connected to mains gas and has some secondary glazing. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 63B, Approach Road within a radius of 310 metres over the last 2 years.
The most recent example is 67C , Old Ford Road, London, E2 9QD, a leasehold flat which sold for £249,995 on the 16th December 2011.
Read more about house prices in E2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Approach Road, London, E2 has a total of 188 addresses. According to our analysis of all the public data, 63B, Approach Road is the 183rd largest and the 102nd most expensive property on the street.
When compared to the postcode district it is £62k less expensive than the average property in E2.
The nearest school is St Elizabeth Catholic Primary School which is 165 metres away. The nearest train station is Cambridge Heath which is 400 metres away.
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