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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Flat 18, 2, Palmers Road is a modern leasehold apartment with 775 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 18, 2, Palmers Road is £592,584 and the estimated rental value is £2,836 per month.
The apartment is within 2, Palmers Road, London, E2.
Palmers Road, London, E2 is located in the borough of Tower Hamlets within the E2 postal district.
Flat 18, 2, Palmers Road has 21 entries in the Land Registry , most recently in February 2011 and a single entry in the EPC database dated September 2021.
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.
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 18, 2, Palmers Road is in very good condition we estimate a sale value of £622,213 and a rental value of £2,977 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £551,103 and a rental value of £2,637 per month.
Over the last 12 months the sale value of Flat 18 2 Palmers Road has decreased by an estimated £15,212 (2.6%) and its rental value has increased by an estimated £180 per month (6.4%), giving an expected gross yield of 5.7%.
Flat 18, 2, Palmers Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Sep 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 18, 2, Palmers Road was last sold on 4th February 2011 for £400,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since February 2011, the market for similar properties has risen 49.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 18, 2, Palmers Road within a radius of 280 metres over the last 2 years.
The most recent example is Apartment 1002, Titanium Point 24, Palmers Road, London, E2 0FA, a leasehold flat which sold for £700,000 on the 13th December 2024.
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 18, 2, Palmers Road is the 238th largest and the 125th most expensive property on the street.
When compared to the postcode district it is £83k more expensive than the average property in E2.
The nearest school is Chisenhale Primary School which is 381 metres away. The nearest train station is Mile End which is 800 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
