According to the public record, 117, Armagh Road, London is a mid-century leasehold apartment with 861 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Armagh Road, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
117, Armagh Road, London has 2 entries in the Land Registry database, most recently in July 2020 and a single entry in the EPC database dated November 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 117 Armagh Road London as £381,822 and the rental value as £2,389 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of 117 Armagh Road London has decreased by £1,957 (0.5%) and its rental value has increased by £84 per month (3.5%).
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 117, Armagh Road, London is in very good condition we estimate a sale value of £400,913 and rental value of £2,509 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £355,095 and a rental value of £2,222 per month.
If you were able to purchase this property for the estimated value of £381,822, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,877 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 117, Armagh Road, London was last sold on 28 Jul 2020 for £402,600 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2020, the market for similar properties has dropped 3.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 117, Armagh Road, London within a radius of 250 metres over the last 2 years.
The most recent example is Flat 8, Mcbride House 5, Libra Road, London, E3 2HP, a Leasehold flat which sold for £445,000 in May 2022.
Read more about house prices in E3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Armagh Road, London, E3 has a total of 200 addresses. According to our analysis of all the public data, 117, Armagh Road, London is the 39th largest and the 97th most expensive property on the street.
When compared to the postcode district it is £58k less expensive than the average property in E3.
117, Armagh Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Nov 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 117, Armagh Road, London is Bow Road station which is 800 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 117, Armagh Road, London, 64.9% of property is socially rented and 13.6% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 117, Armagh Road, London, 16.5% of residents are recorded as possessing school level qualifications and 33.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 117, Armagh Road, London, the average age was 33.6 and the most common age was 32.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 117, Armagh Road, London, 0.9% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 117, Armagh Road, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.