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Apartments of this size in this area are normally studios.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 59, Virginia Road is £265,875 and the estimated rental value is £1,178 per month.
The apartment is within 59, Virginia Road, London, E2.
Virginia Road, London, E2 is located in the borough of Tower Hamlets within the E2 postal district.
Flat 2, 59, Virginia Road has no records in the the Land Registry and a single entry in the EPC database dated July 2018.
We combine this information with public data 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, 59, Virginia Road is in very good condition we estimate a sale value of £279,168 and a rental value of £1,237 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £247,263 and a rental value of £1,095 per month.
Over the last 12 months the sale value of Flat 2 59 Virginia Road has decreased by an estimated £6,342 (2.4%) and its rental value has increased by an estimated £73 per month (6.2%), giving an expected gross yield of 5.3%.
Flat 2, 59, Virginia Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Jul 2018.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 2, 59, Virginia Road within a radius of 260 metres over the last 2 years.
The most recent example is Flat 51, Dunmore Point, Gascoigne Place, London, E2 7LX, a leasehold flat which sold for £108,000 on the 30th June 2011.
Read more about house prices in E2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Virginia Road, London, E2 has a total of 106 addresses. According to our analysis of all the public data, Flat 2, 59, Virginia Road is the 105th largest and the 105th most expensive property on the street.
When compared to the postcode district it is £244k less expensive than the average property in E2.
The nearest school is Virginia Primary School which is 51 metres away. The nearest train station is Shoreditch High Street which is 400 metres away.
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