Flat 23, Priestman Point 2
Flat 23, Priestman Point 2
Description & Estimates
The public record describes Flat 23, Priestman Point 2 as a mid-century apartment with 808 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
Flat 23, Priestman Point 2 has an estimated sale value of £145,634 and an estimated rental value of £949 per month, assuming reasonable condition and based on the information available.
The apartment sits within Priestman Point, Rainhill Way, London, E3.
Rainhill Way, London, E3 lies in the borough of Tower Hamlets, within the E3 postal district.
Our Data Sources
Flat 23, Priestman Point 2 has no records in the the Land Registry and a single entry in the EPC database dated April 2010.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate Flat 23, Priestman Point 2 would be worth £152,916, with a potential rental value of £997 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £135,440, with a rental value of £883 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 23, Priestman Point 2 has decreased by £2,799 (1.9%) over the last year. During the same period, its estimated monthly rental value has grown by £51 (5.4%). The property's estimated gross yield is currently 7.8%.
Energy Efficiency
Flat 23, Priestman Point 2 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 Apr 2010.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 280 metres of Flat 23, Priestman Point 2 across the last 2 years.
Most recently, Flat 8, Priestman Point 2, Rainhill Way, London, E3 3EY, a leasehold flat, sold at £100,000 on the 14th September 2018.
Read more about house prices in E3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 23, Priestman Point 2 as the 138th largest and the 580th most expensive of the 619 addresses on Rainhill Way, London, E3.
Against the E3 postcode district average, it is £300k less expensive than the typical property.
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Schools Nearby
- 200mSt Agnes RC Primary School
- 400mWellington Primary School
- 400mOld Palace Primary School
- 700mBow School
- 700mCentral Foundation Girls' School
- 800mHarris Science Academy East London
More reading links
Public Transport Nearby
Bow Church station is the nearest stop to Flat 23, Priestman Point 2 at 300 metres away.
- 300mBow Church
- 300mDevons Road
- 500mBow Road
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
