According to the public record, 53, Fairfoot Road, London is a mid-century apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Fairfoot Road, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
53, Fairfoot Road, London has no records in the Land Registry database and a single entry in the EPC database dated May 2017.
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 53 Fairfoot Road London as £356,947 and the rental value as £2,062 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 53 Fairfoot Road London has decreased by £2,214 (0.6%) and its rental value has increased by £71 per month (3.5%).
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 53, Fairfoot Road, London is in very good condition we estimate a sale value of £374,795 and rental value of £2,165 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £331,961 and a rental value of £1,918 per month.
If you were able to purchase this property for the estimated value of £356,947, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,754 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 3 sales of properties similar to 53, Fairfoot Road, London within a radius of 310 metres over the last 2 years.
The most recent example is Flat 14, Riley House 22, Ireton Street, London, E3 4XR, a Leasehold flat which sold for £340,000 in Jan 2024.
Read more about house prices in E3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fairfoot Road, London, E3 has a total of 169 addresses. According to our analysis of all the public data, 53, Fairfoot Road, London is the 142nd largest and the 106th most expensive property on the street.
When compared to the postcode district it is £83k less expensive than the average property in E3.
53, Fairfoot Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 May 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to 53, Fairfoot Road, London is Devons Road station which is 300 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 53, Fairfoot Road, London, 32.8% of property is privately rented and 30.3% 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 53, Fairfoot Road, London, 25.1% of residents are recorded as possessing school level qualifications and 46.6% 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 53, Fairfoot Road, London, the average age was 31 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 53, Fairfoot Road, London, 1.2% 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 53, Fairfoot 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.