Flat 12, Towergate House 28
Flat 12, Towergate House 28
Description & Estimates
Public records show Flat 12, Towergate House 28 to be a modern leasehold apartment with 721 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a balcony.
Flat 12, Towergate House 28 has an estimated sale value of £278,297 and an estimated rental value of £1,763 per month, assuming reasonable condition and based on the information available.
The apartment sits within Towergate House, Ordell Road, London, E3.
Ordell Road, London, E3 lies in the borough of Tower Hamlets, within the E3 postal district.
Our Data Sources
Flat 12, Towergate House 28 has 2 entries in the Land Registry , most recently in October 2021 and a single entry in the EPC database dated February 2016.
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
In very good condition, we estimate Flat 12, Towergate House 28 would be worth £292,212, with a potential rental value of £1,851 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £258,816, with a rental value of £1,640 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 12, Towergate House 28 has decreased by £8,979 (3.2%) over the last year. During the same period, its estimated monthly rental value has grown by £77 (4.4%). The property's estimated gross yield is currently 7.6%.
Energy Efficiency
Flat 12, Towergate House 28 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Feb 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 12, Towergate House 28 last changed hands on 13th October 2021, selling for £191,250. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 6.6% since October 2021.
- Sold Oct 2021£191,250
- Sold Sep 2016£180,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 250 metres of Flat 12, Towergate House 28 across the last 2 years.
Most recently, Flat 9, Towergate House 28, Ordell Road, London, E3 2DL, a leasehold flat, sold at £140,000 on the 4th June 2024.
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 Dec 2020£375,000 | 2 Bed FlatTowergate House 28, Ordell RoadFlat 6, 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
Our analysis of the public data ranks Flat 12, Towergate House 28 as the 76th largest and the 130th most expensive of the 154 addresses on Ordell Road, London, E3.
Against the E3 postcode district average, it is £167k less expensive than the typical property.
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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
Bow Road station is the nearest stop to Flat 12, Towergate House 28 at 400 metres away.
- 400mBow Road
- 500mBow Church
- 700mMile End
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
