According to the public record, 3, Driffield Road, London is a period freehold house with 979 ft2 of internal area and sits on a 114 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Driffield Road, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
3, Driffield Road, London has 2 entries in the Land Registry database, most recently in July 2023 and a single entry in the EPC database dated August 2014.
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 3 Driffield Road London as £1,094,082 and the rental value as £5,189 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 3 Driffield Road London has increased by £16,101 (1.5%) and its rental value has increased by £274 per month (5.3%).
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 3, Driffield Road, London is in very good condition we estimate a sale value of £1,148,786 and rental value of £5,449 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,017,496 and a rental value of £4,826 per month.
If you were able to purchase this property for the estimated value of £1,094,082, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,377 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, 3, Driffield Road, London sits on a plot of 114m2.
We have plot size data on 17 out of 26 other houses in the postcode and 3, Driffield Road, London sits on the 22nd largest plot.
According to HM Land Registry, 3, Driffield Road, London was last sold on 10 Jul 2023 for £1,340,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2023, the market for similar properties has risen 1.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Driffield Road, London within a radius of 260 metres over the last 2 years.
The most recent example is 23, Vivian Road, London, E3 5RE, a Freehold house which sold for £1,088,000 in Jul 2022.
Read more about house prices in E3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 260 metres radius of 3, Driffield Road, London over the last 2 years.
Most recently 1A, Vivian Road, London, E3 5RE, a Leasehold flat let by Saint Andrews Bureau in Dec 2022.
Driffield Road, London, E3 has a total of 99 addresses. According to our analysis of all the public data, 3, Driffield Road, London is the 44th largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £654k more expensive than the average property in E3.
3, Driffield Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Aug 2014.
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 3, Driffield Road, London is Mile End station which is 900 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 3, Driffield Road, London, 45.0% of property is privately rented and 23.0% is socially 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 3, Driffield Road, London, 16.2% of residents are recorded as possessing school level qualifications and 59.0% 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 3, Driffield Road, London, the average age was 34.8 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 3, Driffield Road, London, 0.7% 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 3, Driffield 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.