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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 2, 107-109, Tower Hamlets Road is a modern leasehold apartment with 398 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 107-109, Tower Hamlets Road is £258,296 and the estimated rental value is £1,545 per month.
The apartment is within 107-109, Tower Hamlets Road, London, E7.
Tower Hamlets Road, London, E7 is located in the borough of Newham within the E7 postal district.
Flat 2, 107-109, Tower Hamlets Road has a single entry in the Land Registry from December 2022 and a single entry in the EPC database dated October 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 2, 107-109, Tower Hamlets Road is in very good condition we estimate a sale value of £271,211 and a rental value of £1,622 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £240,215 and a rental value of £1,437 per month.
Over the last 12 months the sale value of Flat 2 107-109 Tower Hamlets Road has decreased by an estimated £2,952 (1.1%) and its rental value has increased by an estimated £54 per month (3.5%), giving an expected gross yield of 7.2%.
Flat 2, 107-109, Tower Hamlets Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Oct 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 2, 107-109, Tower Hamlets Road was last sold on 7th December 2022 for £285,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2022, the market for similar properties has dropped 12.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 107-109, Tower Hamlets Road within a radius of 380 metres over the last 2 years.
The most recent example is Flat 3, Jane Moir Court 1A, Field Road, London, E7 9BX, a leasehold flat which sold for £210,000 on the 7th July 2022.
Read more about house prices in E7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tower Hamlets Road, London, E7 has a total of 144 addresses. According to our analysis of all the public data, Flat 2, 107-109, Tower Hamlets Road is the 139th largest and the 134th most expensive property on the street.
When compared to the postcode district it is £221k less expensive than the average property in E7.
The nearest school is Odessa Infant School which is 234 metres away. The nearest train station is Forest Gate which is 600 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.
