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According to the public record, Flat 39, 20, Palmers Road is a modern leasehold apartment with 656 ft2 of internal area.
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 39, 20, Palmers Road is £492,574 and the estimated rental value is £2,536 per month.
The apartment is within 20, Palmers Road, London, E2.
Palmers Road, London, E2 is located in the borough of Tower Hamlets within the E2 postal district.
Flat 39, 20, Palmers Road has 21 entries in the Land Registry , most recently in August 2014 and a single entry in the EPC database dated March 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 39, 20, Palmers Road is in very good condition we estimate a sale value of £517,203 and a rental value of £2,663 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £458,094 and a rental value of £2,359 per month.
Over the last 12 months the sale value of Flat 39 20 Palmers Road has decreased by an estimated £12,644 (2.6%) and its rental value has increased by an estimated £161 per month (6.4%), giving an expected gross yield of 6.2%.
Flat 39, 20, Palmers Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Mar 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 39, 20, Palmers Road was last sold on 22nd August 2014 for £495,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since August 2014, the market for similar properties has risen 3.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 39, 20, Palmers Road within a radius of 290 metres over the last 2 years.
The most recent example is Apartment 104, Regalia Point 30, Palmers Road, London, E2 0FQ, a leasehold flat which sold for £405,000 on the 22nd November 2024.
Read more about house prices in E2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Palmers Road, London, E2 has a total of 718 addresses. According to our analysis of all the public data, Flat 39, 20, Palmers Road is the 476th largest and the 302nd most expensive property on the street.
When compared to the postcode district it is £17k less expensive than the average property in E2.
The nearest school is Chisenhale Primary School which is 412 metres away. The nearest train station is Mile End which is 800 metres away.
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