According to the public record, 3, Primrose Close, London is a modern freehold house with 1,130 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Primrose Close, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
3, Primrose Close, London has 2 entries in the Land Registry database, most recently in September 2011 and a single entry in the EPC database dated January 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 3 Primrose Close London as £689,423 and the rental value as £4,090 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 3 Primrose Close London has increased by £9,062 (1.3%) and its rental value has increased by £227 per month (5.6%).
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, Primrose Close, London is in very good condition we estimate a sale value of £723,894 and rental value of £4,294 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £641,163 and a rental value of £3,803 per month.
If you were able to purchase this property for the estimated value of £689,423, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,388 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, 3, Primrose Close, London was last sold on 15 Sep 2011 for £390,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2011, the market for similar properties has risen 73.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Primrose Close, London within a radius of 210 metres over the last 2 years.
The most recent example is 11, Douro Street, London, E3 2TS, a Freehold house which sold for £750,000 in Mar 2020.
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 2 lets within a 210 metres radius of 3, Primrose Close, London over the last 2 years.
Most recently Flat 2, 31, Douro Street, London, E3 2TS, a Leasehold flat let by London Property Management in Aug 2021.
Primrose Close, London, E3 has a total of 12 addresses. According to our analysis of all the public data, 3, Primrose Close, London is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £250k more expensive than the average property in E3.
3, Primrose Close, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Jan 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 3, Primrose Close, London is Bow Church 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 3, Primrose Close, London, 79.1% of property is socially rented and 10.5% 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 3, Primrose Close, London, 14.8% of residents are recorded as possessing school level qualifications and 28.9% 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, Primrose Close, London, the average age was 32.7 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 3, Primrose Close, 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 3, Primrose Close, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.