According to the public record, 4, Usher Road, London is a mid-century leasehold apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Usher Road, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
4, Usher Road, London has 31 entries in the Land Registry database, most recently in January 2021 and a single entry in the EPC database dated October 2016.
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 4 Usher Road London as £293,471 and the rental value as £1,796 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 4 Usher Road London has decreased by £474 (0.2%) and its rental value has increased by £60 per month (3.3%).
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 4, Usher Road, London is in very good condition we estimate a sale value of £308,144 and rental value of £1,885 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £272,928 and a rental value of £1,670 per month.
If you were able to purchase this property for the estimated value of £293,471, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,442 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 HM Land Registry, 4, Usher Road, London was last sold on 29 Jan 2021 for £315,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jan 2021, the market for similar properties has dropped 0.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Usher Road, London within a radius of 240 metres over the last 2 years.
The most recent example is 18, Hewison Street, London, E3 2HY, a Leasehold flat which sold for £315,000 in Apr 2024.
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 240 metres radius of 4, Usher Road, 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.
Usher Road, London, E3 has a total of 86 addresses. According to our analysis of all the public data, 4, Usher Road, London is the 71st largest and the 73rd most expensive property on the street.
When compared to the postcode district it is £146k less expensive than the average property in E3.
4, Usher Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Oct 2016.
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 4, Usher Road, London is Bow Road station which is 700 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 4, Usher Road, London, 34.4% of property is privately rented and 28.7% 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 4, Usher Road, London, 21.6% of residents are recorded as possessing school level qualifications and 53.2% 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 4, Usher Road, 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 4, Usher Road, 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 4, Usher 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.