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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 E, 362, Old Ford Road is £558,030 and the estimated rental value is £2,757 per month.
The apartment is within 362, Old Ford Road, London, E3.
Old Ford Road, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Flat E, 362, Old Ford Road has a single entry in the Land Registry from March 2011 and a single entry in the EPC database dated July 2021.
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 E, 362, Old Ford Road is in very good condition we estimate a sale value of £585,931 and a rental value of £2,895 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £518,968 and a rental value of £2,564 per month.
Over the last 12 months the sale value of Flat E 362 Old Ford Road has decreased by an estimated £12,839 (2.3%) and its rental value has increased by an estimated £143 per month (5.2%), giving an expected gross yield of 5.9%.
Flat E, 362, Old Ford Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Jul 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat E, 362, Old Ford Road was last sold on 28th March 2011 for £210,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2011, the market for similar properties has risen 19.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat E, 362, Old Ford Road within a radius of 380 metres over the last 2 years.
The most recent example is 39B, Driffield Road, London, E3 5NE, a leasehold flat which sold for £715,000 on the 24th November 2023.
Read more about house prices in E3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Old Ford Road, London, E3 has a total of 471 addresses. According to our analysis of all the public data, Flat E, 362, Old Ford Road is the 265th largest and the 164th most expensive property on the street.
When compared to the postcode district it is £111k more expensive than the average property in E3.
The nearest school is Chisenhale Primary School which is 101 metres away. The nearest train station is Mile End which is 1.0 kilometres away.
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