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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 8B, Palmerston Road is £313,806 and the estimated rental value is £1,672 per month.
The apartment is within 8, Palmerston Road, London, E7.
Palmerston Road, London, E7 is located in the borough of Newham within the E7 postal district.
8B, Palmerston Road has no records in the the Land Registry and a single entry in the EPC database dated July 2018.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 8B, Palmerston Road is in very good condition we estimate a sale value of £329,497 and a rental value of £1,756 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £291,840 and a rental value of £1,555 per month.
Over the last 12 months the sale value of 8B Palmerston Road has decreased by an estimated £7,667 (2.4%) and its rental value has increased by an estimated £45 per month (2.7%), giving an expected gross yield of 6.4%.
8B, Palmerston Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Jul 2018.
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 sales of properties similar to 8B, Palmerston Road within a radius of 340 metres over the last 2 years.
The most recent example is 1A, Upton Lane, London, E7 9PA, a leasehold flat which sold for £2,800,000 on the 28th July 2023.
Read more about house prices in E7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Palmerston Road, London, E7 has a total of 80 addresses. According to our analysis of all the public data, 8B, Palmerston Road is the 63rd largest and the 52nd most expensive property on the street.
When compared to the postcode district it is £160k less expensive than the average property in E7.
The nearest school is Sandringham Primary School which is 400 metres away. The nearest train station is Forest Gate which is 500 metres away.
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