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Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 8, Upcott House is £348,207 and its rental estimate is £2,205 per month, given the available information and assuming reasonable condition.
Upcott House, Bruce Road is a residential building on Bruce Road, London, E3 and falls within the E3 postal district and the London Borough of Tower Hamlets.
Flat 8, Upcott House has 31 entries in the Land Registry , most recently in April 2021 and a single entry in the EPC database dated December 2020.
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.
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 8, Upcott House, we estimate a market value of £365,617 and a rental value of £2,316 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £323,832 and £2,051 per month respectively.
Over the last year, Flat 8, Upcott House has seen its estimated sale value decline by £9,306 (2.7%) and its estimated rental value climb by £101 per month (4.6%). This results in an estimated gross rental yield of 7.6%.
Flat 8, Upcott House has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Dec 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of Flat 8, Upcott House completed on 19th April 2021 at £405,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 13.4% over the period since April 2021.
Over the past 2 years 3 properties similar to Flat 8, Upcott House have sold within a radius of 270 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th August 2024, was Flat 9, Wingate House, Bruce Road, London, E3 3HY, a leasehold flat which sold for £365,000.
Read more about house prices in E3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 254 addresses on Bruce Road, London, E3, Flat 8, Upcott House comes out as the 160th largest and the 153rd most expensive in our analysis of the public data.
It is also £97k less expensive than the average property across the E3 district.
From Flat 8, Upcott House, the nearest station is Bromley-by-Bow, 300 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 8, Upcott House, 50.4% of property is socially rented and 30.6% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 8, Upcott House, 35.5% of residents are recorded as possessing school level qualifications and 28.9% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 8, Upcott House, the average age was 31.1 and the most common age was 32.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 8, Upcott House, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 8, Upcott House, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.