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According to the public record, Flat 2, 39, Lichfield Road is a period leasehold apartment with 505 ft2 of internal area.
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, 39, Lichfield Road is £400,303 and the estimated rental value is £1,990 per month.
The apartment is within 39, Lichfield Road, London, E3.
Lichfield Road, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Flat 2, 39, Lichfield Road has 2 entries in the Land Registry , most recently in May 2023 and a single entry in the EPC database dated May 2019.
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, 39, Lichfield Road is in very good condition we estimate a sale value of £420,318 and a rental value of £2,089 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £372,282 and a rental value of £1,851 per month.
Over the last 12 months the sale value of Flat 2 39 Lichfield Road has decreased by an estimated £9,210 (2.3%) and its rental value has increased by an estimated £103 per month (5.2%), giving an expected gross yield of 6%.
Flat 2, 39, Lichfield Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 May 2019.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 2, 39, Lichfield Road was last sold on 31st May 2023 for £395,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2023, the market for similar properties has dropped 17.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 39, Lichfield Road within a radius of 330 metres over the last 2 years.
The most recent example is 29, Schoolbell Mews, London, E3 5BZ, a leasehold flat which sold for £350,000 on the 1st November 2023.
Read more about house prices in E3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lichfield Road, London, E3 has a total of 102 addresses. According to our analysis of all the public data, Flat 2, 39, Lichfield Road is the 97th largest and the 97th most expensive property on the street.
When compared to the postcode district it is £47k less expensive than the average property in E3.
The nearest school is Olga Primary School which is 315 metres away. The nearest train station is Mile End which is 300 metres away.
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