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According to the public record, Flat 2, 83, Tower Hamlets Road is a period apartment with 538 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, 83, Tower Hamlets Road is £312,941 and the estimated rental value is £1,884 per month.
The apartment is within 83, Tower Hamlets Road, London, E7.
Tower Hamlets Road, London, E7 is located in the borough of Newham within the E7 postal district.
Flat 2, 83, Tower Hamlets Road has no records in the the Land Registry and a single entry in the EPC database dated December 2019.
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, 83, Tower Hamlets Road is in very good condition we estimate a sale value of £328,588 and a rental value of £1,978 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £291,035 and a rental value of £1,752 per month.
Over the last 12 months the sale value of Flat 2 83 Tower Hamlets Road has decreased by an estimated £1,983 (0.6%) and its rental value has increased by an estimated £73 per month (3.9%), giving an expected gross yield of 7.2%.
Flat 2, 83, Tower Hamlets Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Dec 2019.
The property is connected to mains gas and has fully double 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 3 sales of properties similar to Flat 2, 83, Tower Hamlets Road within a radius of 380 metres over the last 2 years.
The most recent example is 53B, Field Road, London, E7 9DW, a leasehold flat which sold for £300,000 on the 4th September 2023.
Read more about house prices in E7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tower Hamlets Road, London, E7 has a total of 144 addresses. According to our analysis of all the public data, Flat 2, 83, Tower Hamlets Road is the 127th largest and the 124th most expensive property on the street.
When compared to the postcode district it is £166k less expensive than the average property in E7.
The nearest school is Odessa Infant School which is 234 metres away. The nearest train station is Forest Gate which is 600 metres away.
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