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According to the public record, Flat 7, 2, Palmers Road is a modern apartment with 731 ft2 of internal area.
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 7, 2, Palmers Road is £569,670 and the estimated rental value is £2,740 per month.
The apartment is within 2, Palmers Road, London, E2.
Palmers Road, London, E2 is located in the borough of Tower Hamlets within the E2 postal district.
Flat 7, 2, Palmers Road has no recent1 records in the the Land Registry and a single entry in the EPC database dated April 2019.
We combine this information with public data 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 7, 2, Palmers Road is in very good condition we estimate a sale value of £598,154 and a rental value of £2,877 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £529,793 and a rental value of £2,548 per month.
Over the last 12 months the sale value of Flat 7 2 Palmers Road has decreased by an estimated £14,624 (2.6%) and its rental value has increased by an estimated £174 per month (6.4%), giving an expected gross yield of 5.8%.
Flat 7, 2, Palmers Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Apr 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 7, 2, Palmers Road was last sold on 29th July 2005 for £249,995 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, 2, Palmers Road within a radius of 280 metres over the last 2 years.
The most recent example is Apartment 1002, Titanium Point 24, Palmers Road, London, E2 0FA, a leasehold flat which sold for £700,000 on the 13th December 2024.
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 7, 2, Palmers Road is the 380th largest and the 164th most expensive property on the street.
When compared to the postcode district it is £60k more expensive than the average property in E2.
The nearest school is Chisenhale Primary School which is 381 metres away. The nearest train station is Mile End which is 800 metres away.
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