Flat 50, Connaught Works 251
Flat 50, Connaught Works 251
Description & Estimates
Flat 50, Connaught Works 251 is described in the public record as a modern apartment with 344 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 50, Connaught Works 251 is £313,081 and its rental estimate is £1,591 per month, given the available information and assuming reasonable condition.
Connaught Works, Old Ford Road is a residential building on Old Ford Road, London, E3 and falls within the E3 postal district and the London Borough of Tower Hamlets.
Our Data Sources
Flat 50, Connaught Works 251 has no recent1 records in the the Land Registry and a single entry in the EPC database dated July 2013.
We combine this information with public data 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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 50, Connaught Works 251, we estimate a market value of £328,735 and a rental value of £1,670 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £291,165 and £1,480 per month respectively.
Recent Market Change
Over the last year, Flat 50, Connaught Works 251 has seen its estimated sale value decrease by £10,914 (3.5%) and its estimated rental value grow by £55 per month (3.4%). This results in an estimated gross rental yield of 6.1%.
Energy Efficiency
Flat 50, Connaught Works 251 has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Jul 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 50, Connaught Works 251 completed on 19th October 2005 at £135,995 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
- Sold Oct 2005£135,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 50, Connaught Works 251 have sold within a radius of 290 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th April 2014, was Flat 18, Vermilion Apartments 16, Gunmakers Lane, London, E3 5GG, a leasehold flat which sold for £240,000.
Read more about house prices in E3.
- Sold Apr 2014£240,000 | 1 Bed FlatVermilion Apartments 16, Gunmakers LaneFlat 18, Vermilion Apartments 16, Gunmakers Lane, London, E3 5GG
- Sold Apr 2014£250,000 | 1 Bed FlatVermilion Apartments 16, Gunmakers LaneFlat 32, Vermilion Apartments 16, Gunmakers Lane, London, E3 5GG
- Sold Mar 2014£245,000 | 1 Bed FlatVermilion Apartments 16, Gunmakers LaneFlat 20, Vermilion Apartments 16, Gunmakers Lane, London, E3 5GG
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 471 addresses on Old Ford Road, London, E3, Flat 50, Connaught Works 251 comes out as the 467th largest and the 437th most expensive in our analysis of the public data.
It is also £132k less expensive than the average property across the E3 district.
More reading links
Schools Nearby
- 200mOld Ford Primary - A Paradigm Academy
- 500mChisenhale Primary School
- 500mOlga Primary School
- 400mMulberry UTC
- 800mMossbourne Victoria Park Academy
- 900mCentral Foundation Girls' School
More reading links
Public Transport Nearby
From Flat 50, Connaught Works 251, the nearest station is Hackney Wick, 1.0 kilometres away.
- 1.0kmHackney Wick
- 1.1kmBow Road
- 1.1kmMile End
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
