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According to the public record, Flat 128, 46, Palmers Road is a modern leasehold apartment with 1,302 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 128, 46, Palmers Road is £683,381 and the estimated rental value is £3,805 per month.
The apartment is within 46, Palmers Road, London, E2.
Palmers Road, London, E2 is located in the borough of Tower Hamlets within the E2 postal district.
Flat 128, 46, Palmers Road has a single entry in the Land Registry from December 2011 and a single entry in the EPC database dated February 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 Flat 128, 46, Palmers Road is in very good condition we estimate a sale value of £717,550 and a rental value of £3,995 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £635,545 and a rental value of £3,538 per month.
Over the last 12 months the sale value of Flat 128 46 Palmers Road has decreased by an estimated £19,070 (2.8%) and its rental value has increased by an estimated £206 per month (5.4%), giving an expected gross yield of 6.7%.
Flat 128, 46, Palmers Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Feb 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 128, 46, Palmers Road was last sold on 2nd December 2011 for £410,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2011, the market for similar properties has risen 40.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 128, 46, Palmers Road within a radius of 250 metres over the last 2 years.
The most recent example is Flat 249, Leamore Court 1, Meath Crescent, London, E2 0QA, a leasehold flat which sold for £605,000 on the 6th June 2018.
Read more about house prices in E2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Palmers Road, London, E2 has a total of 718 addresses. According to our analysis of all the public data, Flat 128, 46, Palmers Road is the 14th largest and the 49th most expensive property on the street.
When compared to the postcode district it is £174k more expensive than the average property in E2.
The nearest school is Olga Primary School which is 469 metres away. The nearest train station is Mile End which is 600 metres away.
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