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By comparing it to neighbours, we estimate that it is a modern apartment with 417 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 60, 46, Palmers Road is £305,373 and the estimated rental value is £1,709 per month.
The apartment is within 46, Palmers Road, London, E2.
Palmers Road, London, E2 is located in the borough of Tower Hamlets within the E2 postal district.
Flat 60, 46, Palmers Road has a single entry in the Land Registry from August 2009 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 60, 46, Palmers Road is in very good condition we estimate a sale value of £320,642 and a rental value of £1,794 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £283,997 and a rental value of £1,589 per month.
Over the last 12 months the sale value of Flat 60 46 Palmers Road has decreased by an estimated £7,834 (2.6%) and its rental value has increased by an estimated £108 per month (6.3%), giving an expected gross yield of 6.7%.
According to HM Land Registry, Flat 60, 46, Palmers Road was last sold on 26th August 2009 for £134,750 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2009, the market for similar properties has risen 58.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 60, 46, Palmers Road within a radius of 250 metres over the last 2 years.
The most recent example is Flat 910, Cradford House South 55, Palmers Road, London, E2 0DG, a leasehold flat which sold for £260,000 on the 30th August 2019.
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 60, 46, Palmers Road is the 690th largest and the 692nd most expensive property on the street.
When compared to the postcode district it is £204k less expensive than the average property in E2.
The nearest school is Olga Primary School which is 469 metres away. The nearest train station is Mile End which is 600 metres away.
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