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According to the public record, Flat B301, 18, Hertsmere Road is a period leasehold apartment with 1,054 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat B301, 18, Hertsmere Road is £653,768 and the estimated rental value is £3,463 per month.
The apartment is within 18, Hertsmere Road, London, E14.
Hertsmere Road, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat B301, 18, Hertsmere Road has 31 entries in the Land Registry , most recently in November 2022 and a single entry in the EPC database dated June 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 B301, 18, Hertsmere Road is in very good condition we estimate a sale value of £686,456 and a rental value of £3,637 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £608,004 and a rental value of £3,221 per month.
Over the last 12 months the sale value of Flat B301 18 Hertsmere Road has decreased by an estimated £24,583 (3.8%) and its rental value has increased by an estimated £189 per month (5.5%), giving an expected gross yield of 6.4%.
Flat B301, 18, Hertsmere Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Jun 2020.
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 B301, 18, Hertsmere Road was last sold on 16th November 2022 for £690,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since November 2022, the market for similar properties has dropped 43.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat B301, 18, Hertsmere Road within a radius of 420 metres over the last 2 years.
The most recent example is Flat C206, 16, Hertsmere Road, London, E14 4AX, a leasehold flat which sold for £579,000 on the 14th May 2021.
Read more about house prices in E14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hertsmere Road, London, E14 has a total of 311 addresses. According to our analysis of all the public data, Flat B301, 18, Hertsmere Road is the 121st largest and the 99th most expensive property on the street.
When compared to the postcode district it is £181k more expensive than the average property in E14.
The nearest school is Our Lady and St Joseph Catholic Primary School which is 329 metres away. The nearest train station is West India Quay which is 200 metres away.
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