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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 504, 72, Smeed Road is £462,123 and the estimated rental value is £2,597 per month.
The apartment is within 72, Smeed Road, London, E3.
Smeed Road, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Flat 504, 72, Smeed Road has a single entry in the Land Registry from February 2019 and a single entry in the EPC database dated August 2018.
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 504, 72, Smeed Road is in very good condition we estimate a sale value of £485,229 and a rental value of £2,727 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £429,775 and a rental value of £2,416 per month.
Over the last 12 months the sale value of Flat 504 72 Smeed Road has decreased by an estimated £12,682 (2.7%) and its rental value has increased by an estimated £124 per month (4.8%), giving an expected gross yield of 6.7%.
Flat 504, 72, Smeed Road has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Aug 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
According to HM Land Registry, Flat 504, 72, Smeed Road was last sold on 28th February 2019 for £525,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since February 2019, the market for similar properties has dropped 16.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 504, 72, Smeed Road within a radius of 300 metres over the last 2 years.
The most recent example is Flat 216, 72, Smeed Road, London, E3 2TF, a leasehold flat which sold for £460,000 on the 5th July 2024.
Read more about house prices in E3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Smeed Road, London, E3 has a total of 115 addresses. According to our analysis of all the public data, Flat 504, 72, Smeed Road is the 57th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £15k more expensive than the average property in E3.
The nearest school is Mulberry UTC which is 579 metres away. The nearest train station is Hackney Wick which is 400 metres away.
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