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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 C, 53, Medway Road is a period apartment with 559 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat C, 53, Medway Road is £408,635 and the estimated rental value is £2,217 per month.
The apartment is within 53, Medway Road, London, E3.
Medway Road, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Flat C, 53, Medway Road has no records in the the Land Registry and a single entry in the EPC database dated November 2022.
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.
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 C, 53, Medway Road is in very good condition we estimate a sale value of £429,066 and a rental value of £2,328 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £380,030 and a rental value of £2,062 per month.
Over the last 12 months the sale value of Flat C 53 Medway Road has decreased by an estimated £10,921 (2.7%) and its rental value has increased by an estimated £102 per month (4.6%), giving an expected gross yield of 6.5%.
Flat C, 53, Medway Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Nov 2022.
The property is connected to mains gas and has single glazed windows. 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 C, 53, Medway Road within a radius of 310 metres over the last 2 years.
The most recent example is 29, Schoolbell Mews, London, E3 5BZ, a leasehold flat which sold for £350,000 on the 1st November 2023.
Read more about house prices in E3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Medway Road, London, E3 has a total of 107 addresses. According to our analysis of all the public data, Flat C, 53, Medway Road is the 72nd largest and the 65th most expensive property on the street.
When compared to the postcode district it is £37k less expensive than the average property in E3.
The nearest school is Olga Primary School which is 100 metres away. The nearest train station is Mile End which is 500 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.
