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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Flat 23, Towergate House 28 is described in the public record as a modern apartment with 527 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 23, Towergate House 28 is £234,354 and its rental estimate is £1,496 per month, given the available information and assuming reasonable condition.
Towergate House, Ordell Road is a residential building on Ordell Road, London, E3 and falls within the E3 postal district and the London Borough of Tower Hamlets.
Flat 23, Towergate House 28 has no records in the the Land Registry and a single entry in the EPC database dated August 2011.
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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 23, Towergate House 28, we estimate a market value of £246,071 and a rental value of £1,571 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £217,949 and £1,392 per month respectively.
Over the last year, Flat 23, Towergate House 28 has seen its estimated sale value decrease by £7,561 (3.2%) and its estimated rental value grow by £66 per month (4.4%). This results in an estimated gross rental yield of 7.7%.
Flat 23, Towergate House 28 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Aug 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties have sold within 250 metres of Flat 23, Towergate House 28, per the Land Registry and our network of Estate Agents.
The latest, on the 4th June 2024, was Flat 9, Towergate House 28, Ordell Road, London, E3 2DL, a leasehold flat which sold for £140,000.
Read more about house prices in E3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 154 addresses on Ordell Road, London, E3, Flat 23, Towergate House 28 comes out as the 114th largest and the 147th most expensive in our analysis of the public data.
It is also £211k less expensive than the average property across the E3 district.
From Flat 23, Towergate House 28, the nearest station is Bow Road, 400 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 23, Towergate House 28, 42.7% of property is socially rented and 30.7% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 23, Towergate House 28, 28.6% of residents are recorded as possessing school level qualifications and 50.5% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 23, Towergate House 28, the average age was 32.7 and the most common age was 27.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 23, Towergate House 28, 0.4% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 23, Towergate House 28, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
