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Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 71A, Fairfield Road is £512,882 and the estimated rental value is £2,535 per month.
The apartment is within 71A, Fairfield Road, London, E3.
Fairfield Road, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Flat 2, 71A, Fairfield Road has 21 entries in the Land Registry , most recently in May 2008 and a single entry in the EPC database dated July 2020.
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, 71A, Fairfield Road is in very good condition we estimate a sale value of £538,526 and a rental value of £2,662 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £476,981 and a rental value of £2,357 per month.
Over the last 12 months the sale value of Flat 2 71A Fairfield Road has decreased by an estimated £14,075 (2.7%) and its rental value has increased by an estimated £121 per month (4.8%), giving an expected gross yield of 5.9%.
Flat 2, 71A, Fairfield Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Jul 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, 71A, Fairfield Road was last sold on 27th May 2008 for £360,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2008, the market for similar properties has risen 44.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 71A, Fairfield Road within a radius of 240 metres over the last 2 years.
The most recent example is Flat 10 Park West Building, Bow Quarter 60, Fairfield Road, London, E3 2UR, a leasehold flat which sold for £420,000 on the 24th September 2024.
Read more about house prices in E3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fairfield Road, London, E3 has a total of 1009 addresses. According to our analysis of all the public data, Flat 2, 71A, Fairfield Road is the 484th largest and the 192nd most expensive property on the street.
When compared to the postcode district it is £66k more expensive than the average property in E3.
The nearest school is St Agnes RC Primary School which is 342 metres away. The nearest train station is Bow Church which is 300 metres away.
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