48, Tower Hamlets Road, London has 2 entries in the Land Registry database, most recently in March 2019 and a single entry in the EPC database dated November 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
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 48, Tower Hamlets Road, London is in very good condition we estimate a sale value of £469,240 and rental value of £2,518 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £415,612 and a rental value of £2,230 per month.
If you were able to purchase this property for the estimated value of £446,895, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,196 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, 48, Tower Hamlets Road, London sits on a plot of 97m2.
We have plot size data on 35 out of 41 other houses in the postcode and 48, Tower Hamlets Road, London sits on the 19th largest plot.
According to HM Land Registry, 48, Tower Hamlets Road, London was last sold on 28 Mar 2019 for £450,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Mar 2019, the market for similar properties has risen 18.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Tower Hamlets Road, London within a radius of 380 metres over the last 2 years.
The most recent example is 97, Tower Hamlets Road, London, E7 9DD, a Freehold house which sold for £440,000 in Jun 2021.
Read more about house prices in E7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tower Hamlets Road, London, E7 has a total of 144 addresses. According to our analysis of all the public data, 48, Tower Hamlets Road, London is the 121st largest and the 103rd most expensive property on the street.
When compared to the postcode district it is £47k less expensive than the average property in E7.
48, Tower Hamlets Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Nov 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
According to the public record, 48, Tower Hamlets Road, London is a period freehold house with 635 ft2 of internal area and sits on a 96.9 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Tower Hamlets Road, London, E7 is located in the borough of Newham within the E7 postal district.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 48 Tower Hamlets Road London as £446,895 and the rental value as £2,398 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 48 Tower Hamlets Road London has increased by £21,980 (4.9%) and its rental value has increased by £145 per month (6.0%).
The closest station to 48, Tower Hamlets Road, London is Forest Gate 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 48, Tower Hamlets Road, London, 47.1% of property is socially rented and 26.1% 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 48, Tower Hamlets Road, London, 15.5% of residents are recorded as possessing school level qualifications and 49.8% 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 48, Tower Hamlets 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 48, Tower Hamlets 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 48, Tower Hamlets Road, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.