According to the public record, 246, Bancroft Road, London is a period freehold house with 1,151 ft2 of internal area and sits on a 91.8 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Bancroft Road, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
246, Bancroft Road, London has 3 entries in the Land Registry database, most recently in June 2021 and a single entry in the EPC database dated November 2012.
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 246 Bancroft Road London as £903,743 and the rental value as £4,530 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 246 Bancroft Road London has increased by £1,871 (0.2%) and its rental value has increased by £198 per month (4.4%).
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 246, Bancroft Road, London is in very good condition we estimate a sale value of £948,930 and rental value of £4,756 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £840,481 and a rental value of £4,213 per month.
If you were able to purchase this property for the estimated value of £903,743, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,442 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 data from HM Land Registry, 246, Bancroft Road, London sits on a plot of 92m2.
We have plot size data on 8 out of 16 other houses in the postcode and 246, Bancroft Road, London sits on the 5th largest plot.
According to HM Land Registry, 246, Bancroft Road, London was last sold on 14 Jun 2021 for £780,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jun 2021, the market for similar properties has risen 3.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 246, Bancroft Road, London within a radius of 320 metres over the last 2 years.
The most recent example is 258, Bancroft Road, London, E1 4BS, a Freehold house which sold for £960,000 in Sep 2023.
Read more about house prices in E1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 320 metres radius of 246, Bancroft Road, London over the last 2 years.
Most recently Flat 11, Rathnew Court 5, Meath Crescent, London, E2 0QG, a Leasehold flat let by London Property Management in Jul 2021.
Bancroft Road, London, E1 has a total of 197 addresses. According to our analysis of all the public data, 246, Bancroft Road, London is the 86th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £382k more expensive than the average property in E1.
246, Bancroft Road, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 05 Nov 2012.
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 246, Bancroft Road, London is Stepney Green station which is 500 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 246, Bancroft Road, London, 82.5% of property is socially rented and 10.0% 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 246, Bancroft Road, London, 20.8% of residents are recorded as possessing school level qualifications and 25.7% 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 246, Bancroft Road, London, the average age was 33.2 and the most common age was 27.
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 246, Bancroft Road, London, 1.0% 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 246, Bancroft Road, London, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.