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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, 7, Stanfield Road is £457,318 and the estimated rental value is £2,265 per month.
The apartment is within 7, Stanfield Road, London, E3.
Stanfield Road, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Flat 2, 7, Stanfield Road has 31 entries in the Land Registry , most recently in March 2016 and a single entry in the EPC database dated February 2020.
We combine this information with that 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, 7, Stanfield Road is in very good condition we estimate a sale value of £480,184 and a rental value of £2,378 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £425,306 and a rental value of £2,106 per month.
Over the last 12 months the sale value of Flat 2 7 Stanfield Road has decreased by an estimated £10,522 (2.3%) and its rental value has increased by an estimated £117 per month (5.2%), giving an expected gross yield of 5.9%.
Flat 2, 7, Stanfield Road has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 26 Feb 2020.
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, 7, Stanfield Road was last sold on 22nd March 2016 for £550,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since March 2016, the market for similar properties has dropped 11.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 7, Stanfield Road within a radius of 290 metres over the last 2 years.
The most recent example is 41, Schoolbell Mews, London, E3 5BZ, a leasehold flat which sold for £494,000 on the 5th June 2024.
Read more about house prices in E3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stanfield Road, London, E3 has a total of 14 addresses. According to our analysis of all the public data, Flat 2, 7, Stanfield Road is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £10k more expensive than the average property in E3.
The nearest school is Olga Primary School which is 144 metres away. The nearest train station is Mile End which is 500 metres away.
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