According to the public record, 26, Bishops Way, London is a modern apartment with 968 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Bishops Way, London, E2 is located in the borough of Tower Hamlets within the E2 postal district.
26, Bishops Way, London has no records in the Land Registry database and 2 entries in the EPC database, most recently in December 2016.
We combine this information with public data 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 26 Bishops Way London as £335,352 and the rental value as £1,853 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 26 Bishops Way London has increased by £2,433 (0.7%) and its rental value has increased by £83 per month (4.5%).
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 26, Bishops Way, London is in very good condition we estimate a sale value of £352,120 and rental value of £1,946 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £311,878 and a rental value of £1,723 per month.
If you were able to purchase this property for the estimated value of £335,352, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,648 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 the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 26, Bishops Way, London within a radius of 80m over the last 2 years.
The most recent example is Flat 202, Jacquard Court 32, Bishops Way, London, E2 9HB, a Leasehold flat which sold for £360,000 in Oct 2019.
Read more about house prices in E2.
Bishops Way, London, E2 has a total of 281 addresses. According to our analysis of all the public data, 26, Bishops Way, London is the 54th largest and the 205th most expensive property on the street.
When compared to the postcode district it is £176k less expensive than the average property in E2.
26, Bishops Way, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Dec 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using elecric underfloor heating.
The closest station to 26, Bishops Way, London is Cambridge Heath station which is 100 m 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 26, Bishops Way, London, 43.7% of property is socially rented and 34.1% 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 26, Bishops Way, London, 33.7% of residents are recorded as possessing school level qualifications and 25.2% 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 26, Bishops Way, London, the average age was 33.5 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 26, Bishops Way, London, 0.0% 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 26, Bishops Way, 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.