Flat 76, Priestman Point 2
Flat 76, Priestman Point 2
Description & Estimates
Flat 76, Priestman Point 2 is described in the public record as a mid-century apartment with 790 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 76, Priestman Point 2 is £234,896 and its rental estimate is £1,484 per month, given the available information and assuming reasonable condition.
Priestman Point, Rainhill Way is a residential building on Rainhill Way, London, E3 and falls within the E3 postal district and the London Borough of Tower Hamlets.
Our Data Sources
Flat 76, Priestman Point 2 has no records in the the Land Registry and a single entry in the EPC database dated April 2010.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 76, Priestman Point 2, we estimate a market value of £246,641 and a rental value of £1,558 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £218,453 and £1,380 per month respectively.
Recent Market Change
Over the last year, Flat 76, Priestman Point 2 has seen its estimated sale value decrease by £6,278 (2.7%) and its estimated rental value grow by £68 per month (4.6%). This results in an estimated gross rental yield of 7.6%.
Energy Efficiency
Flat 76, Priestman Point 2 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 Apr 2010.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 76, Priestman Point 2 have sold within a radius of 280 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th November 2021, was Flat 31, Limscott House, Bruce Road, London, E3 3HR, a leasehold flat which sold for £226,176.
Read more about house prices in E3.
- Sold Nov 2021£226,176 | 2 Bed FlatLimscott House, Bruce RoadFlat 31, Limscott House, Bruce Road, London, E3 3HR
- Sold Dec 2011£139,000 | 2 Bed FlatPriestman Point 2, Rainhill WayFlat 57, Priestman Point 2, Rainhill Way, London, E3 3EZ
- Sold Oct 2010£146,750 | 2 Bed FlatPriestman Point 2, Rainhill WayFlat 92, Priestman Point 2, Rainhill Way, London, E3 3EZ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 619 addresses on Rainhill Way, London, E3, Flat 76, Priestman Point 2 comes out as the 157th largest and the 534th most expensive in our analysis of the public data.
It is also £210k less expensive than the average property across the E3 district.
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Schools Nearby
- 200mSt Agnes RC Primary School
- 400mWellington Primary School
- 400mOld Palace Primary School
- 700mBow School
- 700mCentral Foundation Girls' School
- 800mHarris Science Academy East London
More reading links
Public Transport Nearby
From Flat 76, Priestman Point 2, the nearest station is Bow Church, 300 metres away.
- 300mBow Church
- 300mDevons Road
- 500mBow Road
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.
