Flat 11, Towergate House 28
Flat 11, Towergate House 28
Description & Estimates
Flat 11, Towergate House 28 is recorded publicly as a modern leasehold apartment across 775 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 11, Towergate House 28 is £289,609 and its rental estimate is £1,831 per month, given the available information and assuming reasonable condition.
Towergate House, Ordell Road is a residential building on Ordell Road, London, E3 and falls within the E3 postal district and the London Borough of Tower Hamlets.
Our Data Sources
Flat 11, Towergate House 28 has a single entry in the Land Registry from September 2011 and a single entry in the EPC database dated December 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 11, Towergate House 28, we estimate a market value of £304,089 and a rental value of £1,923 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £269,336 and £1,703 per month respectively.
Recent Market Change
Over the last year, Flat 11, Towergate House 28 has seen its estimated sale value decline by £9,344 (3.2%) and its estimated rental value climb by £80 per month (4.4%). This results in an estimated gross rental yield of 7.6%.
Energy Efficiency
Flat 11, Towergate House 28 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Dec 2020.
The property is connected to mains gas and has fully triple glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 11, Towergate House 28 completed on 23rd September 2011 at £270,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 42.6% over the period since September 2011.
- Sold Sep 2011£270,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 11, Towergate House 28 have sold within a radius of 250 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th June 2024, was Flat 9, Towergate House 28, Ordell Road, London, E3 2DL, a leasehold flat which sold for £140,000.
Read more about house prices in E3.
- Sold Jun 2024£140,000 | 2 Bed FlatTowergate House 28, Ordell RoadFlat 9, Towergate House 28, Ordell Road, London, E3 2DL
- Sold Sep 2023£215,000 | 2 Bed FlatTowergate House 28, Ordell RoadFlat 8, Towergate House 28, Ordell Road, London, E3 2DL
- Sold Oct 2021£191,250 | 2 Bed FlatTowergate House 28, Ordell RoadFlat 12, Towergate House 28, Ordell Road, London, E3 2DL
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 154 addresses on Ordell Road, London, E3, Flat 11, Towergate House 28 comes out as the 47th largest and the 118th most expensive in our analysis of the public data.
It is also £156k less expensive than the average property across the E3 district.
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Schools Nearby
- 300mMalmesbury Primary School
- 500mOld Ford Primary - A Paradigm Academy
- 500mWellington Primary School
- 300mCentral Foundation Girls' School
- 500mMulberry UTC
- 1.4kmHarris Science Academy East London
More reading links
Public Transport Nearby
From Flat 11, Towergate House 28, the nearest station is Bow Road, 400 metres away.
- 400mBow Road
- 500mBow Church
- 700mMile End
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
