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According to the public record, Flat 2, 56, Tomlins Grove is a modern leasehold apartment with 559 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, 56, Tomlins Grove is £351,849 and the estimated rental value is £2,011 per month.
The apartment is within 56, Tomlins Grove, London, E3.
Tomlins Grove, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Flat 2, 56, Tomlins Grove has 31 entries in the Land Registry , most recently in October 2024 and a single entry in the EPC database dated May 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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, 56, Tomlins Grove is in very good condition we estimate a sale value of £369,441 and a rental value of £2,112 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £327,220 and a rental value of £1,870 per month.
Over the last 12 months the sale value of Flat 2 56 Tomlins Grove has decreased by an estimated £8,095 (2.3%) and its rental value has increased by an estimated £104 per month (5.2%), giving an expected gross yield of 6.9%.
Flat 2, 56, Tomlins Grove has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 May 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
According to HM Land Registry, Flat 2, 56, Tomlins Grove was last sold on 18th October 2024 for £484,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since October 2024, the market for similar properties has dropped 9.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 56, Tomlins Grove within a radius of 290 metres over the last 2 years.
The most recent example is Flat 24, Mallard Point 6, Rainhill Way, London, E3 3FQ, a leasehold flat which sold for £327,500 on the 21st October 2024.
Read more about house prices in E3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tomlins Grove, London, E3 has a total of 103 addresses. According to our analysis of all the public data, Flat 2, 56, Tomlins Grove is the 39th largest and the 41st most expensive property on the street.
When compared to the postcode district it is £95k less expensive than the average property in E3.
The nearest school is Wellington Primary School which is 175 metres away. The nearest train station is Bow Church which is 200 metres away.
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