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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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According to the public record, Flat 5, 89, Parnell Road is a modern leasehold apartment with 1,076 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 5, 89, Parnell Road is £610,637 and the estimated rental value is £3,334 per month.
The apartment is within 89, Parnell Road, London, E3.
Parnell Road, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Flat 5, 89, Parnell Road has a single entry in the Land Registry from December 2021 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 2 out of 5 and is considered of medium 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 5, 89, Parnell Road is in very good condition we estimate a sale value of £641,169 and a rental value of £3,501 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £567,893 and a rental value of £3,101 per month.
Over the last 12 months the sale value of Flat 5 89 Parnell Road has decreased by an estimated £10,819 (1.8%) and its rental value has increased by an estimated £175 per month (5.2%), giving an expected gross yield of 6.6%.
Flat 5, 89, Parnell Road has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 May 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 5, 89, Parnell Road was last sold on 17th December 2021 for £595,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2021, the market for similar properties has dropped 2.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, 89, Parnell Road within a radius of 270 metres over the last 2 years.
The most recent example is Flat 205, Clement Attlee House 61, Cardigan Road, London, E3 5GH, a leasehold flat which sold for £260,000 on the 16th August 2023.
Read more about house prices in E3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parnell Road, London, E3 has a total of 278 addresses. According to our analysis of all the public data, Flat 5, 89, Parnell Road is the 36th largest and the 38th most expensive property on the street.
When compared to the postcode district it is £164k more expensive than the average property in E3.
The nearest school is Mulberry UTC which is 13 metres away. The nearest train station is Bow Road which is 900 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
