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As updated by Fine Living in September 2021, Second & Third Floor Flat, 425, Mile End Road is a period leasehold apartment with 874 ft2 of internal area comprising 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Second & Third Floor Flat, 425, Mile End Road is £598,055 and the estimated rental value is £2,931 per month.
The apartment is within 425, Mile End Road, London, E3.
Mile End Road, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Second & Third Floor Flat, 425, Mile End Road has been updated by Fine Living. This data along with public information allows us to provide estimates for both this and neighbouring properties.
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 Second & Third Floor Flat, 425, Mile End Road is in very good condition we estimate a sale value of £627,958 and a rental value of £3,077 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £556,191 and a rental value of £2,726 per month.
Over the last 12 months the sale value of Second & Third Floor Flat 425 Mile End Road has decreased by an estimated £13,760 (2.3%) and its rental value has increased by an estimated £152 per month (5.2%), giving an expected gross yield of 5.9%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Second & Third Floor Flat, 425, Mile End Road within a radius of 310 metres over the last 2 years.
The most recent example is 22, Alloway Road, London, E3 5AS, a leasehold flat which sold for £639,700 on the 29th November 2024.
Read more about house prices in E3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mile End Road, London, E3 has a total of 149 addresses. According to our analysis of all the public data, Second & Third Floor Flat, 425, Mile End Road is the 41st largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £151k more expensive than the average property in E3.
The nearest school is Malmesbury Primary School which is 333 metres away. The nearest train station is Mile End which is 100 metres away.
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