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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, 45, New Road is £299,027 and the estimated rental value is £1,791 per month.
The apartment is within 45, New Road, London, E1.
New Road, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Flat 2, 45, New Road has no records in the the Land Registry and a single entry in the EPC database dated July 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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, 45, New Road is in very good condition we estimate a sale value of £313,978 and a rental value of £1,880 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £278,095 and a rental value of £1,665 per month.
Over the last 12 months the sale value of Flat 2 45 New Road has decreased by an estimated £7,806 (2.6%) and its rental value has increased by an estimated £122 per month (6.8%), giving an expected gross yield of 7.2%.
Flat 2, 45, New Road has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 Jul 2020.
The property is not connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, electric.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 45, New Road within a radius of 250 metres over the last 2 years.
The most recent example is 64A , Settles Street, London, E1 1JP, a leasehold flat which sold for £330,000 on the 6th November 2023.
Read more about house prices in E1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 3 lets within a 250 metres radius of Flat 2, 45, New Road over the last 2 years.
Most recently Flat 408, Colefax Building 23, Plumbers Row, London, E1 1EQ, a leasehold flat let by Maplewood Property in October 2024.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
New Road, London, E1 has a total of 114 addresses. According to our analysis of all the public data, Flat 2, 45, New Road is the 102nd largest and the 77th most expensive property on the street.
When compared to the postcode district it is £213k less expensive than the average property in E1.
The closest station to Flat 2, 45, New Road is Shadwell station which is 500 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 45, New Road, % of property is and % is .
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 2, 45, New Road, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 2, 45, New Road, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 2, 45, New Road, there are an average of 0.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.