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Apartments of this size in this area normally have 1 bedroom with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 41, 85, Fairfield Road is £291,386 and the estimated rental value is £1,674 per month.
The apartment is within 85, Fairfield Road, London, E3.
Fairfield Road, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Flat 41, 85, Fairfield Road has 21 entries in the Land Registry , most recently in September 2007 and a single entry in the EPC database dated May 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 41, 85, Fairfield Road is in very good condition we estimate a sale value of £305,956 and a rental value of £1,758 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £270,989 and a rental value of £1,557 per month.
Over the last 12 months the sale value of Flat 41 85 Fairfield Road has decreased by an estimated £7,771 (2.7%) and its rental value has increased by an estimated £76 per month (4.5%), giving an expected gross yield of 6.9%.
Flat 41, 85, Fairfield Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 May 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 41, 85, Fairfield Road was last sold on 7th September 2007 for £245,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since September 2007, the market for similar properties has risen 37.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 41, 85, Fairfield Road within a radius of 230 metres over the last 2 years.
The most recent example is Flat 63, 85, Fairfield Road, London, E3 2QF, a leasehold flat which sold for £275,000 on the 5th January 2024.
Read more about house prices in E3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fairfield Road, London, E3 has a total of 1009 addresses. According to our analysis of all the public data, Flat 41, 85, Fairfield Road is the 841st largest and the 887th most expensive property on the street.
When compared to the postcode district it is £156k less expensive than the average property in E3.
The nearest school is St Agnes RC Primary School which is 458 metres away. The nearest train station is Bow Church which is 400 metres away.
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