According to the public record, 2, Tufnell Court 500, London is a mid-century leasehold apartment with 1,162 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Tufnell Court, Old Ford Road, London, E3.
Old Ford Road, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
2, Tufnell Court 500, London has 21 entries in the Land Registry database, most recently in March 2009 and a single entry in the EPC database dated February 2018.
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 2 Tufnell Court 500 London as £515,753 and the rental value as £3,215 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of 2 Tufnell Court 500 London has decreased by £8,965 (1.7%) and its rental value has increased by £72 per month (2.2%).
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 2, Tufnell Court 500, London is in very good condition we estimate a sale value of £541,541 and rental value of £3,376 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £479,650 and a rental value of £2,990 per month.
If you were able to purchase this property for the estimated value of £515,753, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,535 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, 2, Tufnell Court 500, London was last sold on 27 Mar 2009 for £236,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2009, the market for similar properties has risen 76.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Tufnell Court 500, London within a radius of 270 metres over the last 2 years.
The most recent example is 72, Pulteney Close, London, E3 5LP, a Leasehold flat which sold for £542,000 in Apr 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, 2, Tufnell Court 500, London is the 55th largest and the 208th most expensive property on the street.
When compared to the postcode district it is £76k more expensive than the average property in E3.
2, Tufnell Court 500, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Feb 2018.
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 2, Tufnell Court 500, London is Hackney Wick station which is 1.0 kilometres 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 2, Tufnell Court 500, London, 76.0% of property is socially rented and 12.8% is privately rented.
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 2, Tufnell Court 500, London, 29.1% of residents are recorded as possessing school level qualifications and 27.2% 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 2, Tufnell Court 500, 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 2, Tufnell Court 500, London, 0.2% 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 2, Tufnell Court 500, 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.