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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 29, Bridge Wharf 230 is £391,243 and the estimated rental value is £2,320 per month.
The apartment is within Bridge Wharf, Old Ford Road, London, E2.
Old Ford Road, London, E2 is located in the borough of Tower Hamlets within the E2 postal district.
Flat 29, Bridge Wharf 230 has 2 entries in the Land Registry , most recently in November 2021 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 4 out of 5 and is considered of high 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 29, Bridge Wharf 230 is in very good condition we estimate a sale value of £410,805 and a rental value of £2,436 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £363,856 and a rental value of £2,158 per month.
Over the last 12 months the sale value of Flat 29 Bridge Wharf 230 has decreased by an estimated £10,043 (2.6%) and its rental value has increased by an estimated £147 per month (6.4%), giving an expected gross yield of 7.1%.
Flat 29, Bridge Wharf 230 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Jul 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using No system present: electric heaters assumed.
According to HM Land Registry, Flat 29, Bridge Wharf 230 was last sold on 2nd November 2021 for £396,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since November 2021, the market for similar properties has risen 29.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 29, Bridge Wharf 230 within a radius of 330 metres over the last 2 years.
The most recent example is Flat 7, 3, Twig Folly Close, London, E2 0SU, a leasehold flat which sold for £552,500 on the 4th April 2024.
Read more about house prices in E2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Old Ford Road, London, E2 has a total of 279 addresses. According to our analysis of all the public data, Flat 29, Bridge Wharf 230 is the 223rd largest and the 218th most expensive property on the street.
When compared to the postcode district it is £118k less expensive than the average property in E2.
The nearest school is Bonner Primary School which is 333 metres away. The nearest train station is Bethnal Green which is 900 metres away.
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