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According to the public record, Flat 43, 20, Palmers Road is a modern leasehold apartment with 624 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 43, 20, Palmers Road is £476,140 and the estimated rental value is £2,461 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 43, 20, Palmers Road has 31 entries in the Land Registry , most recently in February 2016 and a single entry in the EPC database dated June 2012.
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 43, 20, Palmers Road is in very good condition we estimate a sale value of £499,947 and a rental value of £2,584 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £442,810 and a rental value of £2,289 per month.
Over the last 12 months the sale value of Flat 43 20 Palmers Road has decreased by an estimated £12,223 (2.6%) and its rental value has increased by an estimated £156 per month (6.4%), giving an expected gross yield of 6.2%.
Flat 43, 20, Palmers Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Jun 2012.
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 43, 20, Palmers Road was last sold on 3rd February 2016 for £550,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since February 2016, the market for similar properties has dropped 9.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 43, 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 43, 20, Palmers Road is the 507th largest and the 339th most expensive property on the street.
When compared to the postcode district it is £34k 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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