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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 3, Menai Place is £312,811 and the estimated rental value is £1,977 per month.
The apartment is within 3, Menai Place, London, E3.
Menai Place, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Flat 2, 3, Menai Place has 31 entries in the Land Registry , most recently in December 2021 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 1 out of 5 and is considered of low 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, 3, Menai Place is in very good condition we estimate a sale value of £328,451 and a rental value of £2,076 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £290,914 and a rental value of £1,839 per month.
Over the last 12 months the sale value of Flat 2 3 Menai Place has decreased by an estimated £7,197 (2.3%) and its rental value has increased by an estimated £102 per month (5.2%), giving an expected gross yield of 7.6%.
Flat 2, 3, Menai Place has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Feb 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, 3, Menai Place was last sold on 15th December 2021 for £357,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since December 2021, the market for similar properties has risen 6.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 3, Menai Place within a radius of 250 metres over the last 2 years.
The most recent example is Flat 2, 1, Menai Place, London, E3 2BF, a leasehold flat which sold for £375,000 on the 30th November 2023.
Read more about house prices in E3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Menai Place, London, E3 has a total of 32 addresses. According to our analysis of all the public data, Flat 2, 3, Menai Place is the 19th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £134k less expensive than the average property in E3.
The nearest school is Mulberry UTC which is 406 metres away. The nearest train station is Bow Church 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.
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