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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 87, Ponsonby House is £320,385 and the estimated rental value is £1,925 per month.
The apartment is within Ponsonby House, Bishops Way, London, E2.
Bishops Way, London, E2 is located in the borough of Tower Hamlets within the E2 postal district.
Flat 87, Ponsonby House has no records in the the Land Registry and a single entry in the EPC database dated January 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 87, Ponsonby House is in very good condition we estimate a sale value of £336,405 and a rental value of £2,022 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £297,958 and a rental value of £1,791 per month.
Over the last 12 months the sale value of Flat 87 Ponsonby House has decreased by an estimated £8,979 (2.8%) and its rental value has increased by an estimated £101 per month (5.2%), giving an expected gross yield of 7.2%.
Flat 87, Ponsonby House has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Jan 2020.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 87, Ponsonby House within a radius of 310 metres over the last 2 years.
The most recent example is Flat 89, Ponsonby House, Bishops Way, London, E2 9HS, a leasehold flat which sold for £320,000 on the 5th July 2024.
Read more about house prices in E2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bishops Way, London, E2 has a total of 281 addresses. According to our analysis of all the public data, Flat 87, Ponsonby House is the 171st largest and the 229th most expensive property on the street.
When compared to the postcode district it is £187k less expensive than the average property in E2.
The nearest school is Mowlem Primary School which is 0 metres away. The nearest train station is Cambridge Heath which is 300 metres away.
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