Flat 62, Connaught Works 251
Flat 62, Connaught Works 251
Description & Estimates
According to the public record, Flat 62, Connaught Works 251 is a modern apartment with 333 ft2 of internal area.
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 62, Connaught Works 251 is £306,230 and the estimated rental value is £1,556 per month.
The apartment is within Connaught Works, Old Ford Road, London, E3.
Old Ford Road, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Our Data Sources
Flat 62, Connaught Works 251 has no recent1 records in the the Land Registry and a single entry in the EPC database dated January 2022.
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
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 62, Connaught Works 251 is in very good condition we estimate a sale value of £321,541 and a rental value of £1,634 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £284,794 and a rental value of £1,447 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 62, Connaught Works 251 has dropped by £10,675 (3.5%), while its estimated rental value has risen by £53 per month (3.4%). Based on current estimates, the property offers a gross rental yield of 6.1%.
Energy Efficiency
Flat 62, Connaught Works 251 has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 20 Jan 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, electric.
Sold Prices
According to HM Land Registry, Flat 62, Connaught Works 251 was last sold on 11th November 2005 for £137,995 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
- Sold Nov 2005£137,995
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 62, Connaught Works 251 within a radius of 290 metres over the last 2 years.
The most recent example is Flat 18, Vermilion Apartments 16, Gunmakers Lane, London, E3 5GG, a leasehold flat which sold for £240,000 on the 25th April 2014.
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
Old Ford Road, London, E3 has a total of 471 addresses. According to our analysis of all the public data, Flat 62, Connaught Works 251 is the 468th largest and the 438th most expensive property on the street.
When compared to the postcode district it is £139k less expensive than the average property in E3.
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
The closest station to Flat 62, Connaught Works 251 is Hackney Wick station, which is 1.0 kilometres away.
- 1.0kmHackney Wick
- 1.1kmBow Road
- 1.1kmMile End
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
