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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Flat 8, Towergate House 28 is a modern leasehold apartment with 721 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 8, Towergate House 28 is £278,297 and the estimated rental value is £1,763 per month.
The apartment is within Towergate House, Ordell Road, London, E3.
Ordell Road, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Flat 8, Towergate House 28 has 2 entries in the Land Registry , most recently in September 2023 and a single entry in the EPC database dated October 2018.
We combine this information with that 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 8, Towergate House 28 is in very good condition we estimate a sale value of £292,212 and a rental value of £1,851 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £258,816 and a rental value of £1,640 per month.
Over the last 12 months the sale value of Flat 8 Towergate House 28 has decreased by an estimated £8,979 (3.2%) and its rental value has increased by an estimated £77 per month (4.4%), giving an expected gross yield of 7.6%.
Flat 8, Towergate House 28 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 29 Oct 2018.
The property is connected to mains gas and has fully triple glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 8, Towergate House 28 was last sold on 4th September 2023 for £215,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since September 2023, the market for similar properties has dropped 5.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, Towergate House 28 within a radius of 250 metres over the last 2 years.
The most recent example is Flat 9, Towergate House 28, Ordell Road, London, E3 2DL, a leasehold flat which sold for £140,000 on the 4th June 2024.
Read more about house prices in E3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ordell Road, London, E3 has a total of 154 addresses. According to our analysis of all the public data, Flat 8, Towergate House 28 is the 75th largest and the 129th most expensive property on the street.
When compared to the postcode district it is £167k less expensive than the average property in E3.
The nearest school is Malmesbury Primary School which is 300 metres away. The nearest train station is Bow Road which is 400 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
