According to the public record, 68, Tower Hamlets Road, London is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,001 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Tower Hamlets Road, London, E7 is located in the borough of Newham within the E7 postal district.
68, Tower Hamlets Road, London has a single entry in the Land Registry database from June 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 68 Tower Hamlets Road London as £592,610 and the rental value as £3,101 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 68 Tower Hamlets Road London has increased by £24,227 (4.1%) and its rental value has increased by £161 per month (5.2%).
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 68, Tower Hamlets Road, London is in very good condition we estimate a sale value of £622,240 and rental value of £3,256 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £551,127 and a rental value of £2,884 per month.
If you were able to purchase this property for the estimated value of £592,610, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,912 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, 68, Tower Hamlets Road, London was last sold on 01 Jun 2007 for £250,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2007, the market for similar properties has risen 108.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 68, Tower Hamlets Road, London within a radius of 380 metres over the last 2 years.
The most recent example is 72, St. James Road, London, E15 1RN, a Freehold house which sold for £525,000 in May 2024.
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, 68, Tower Hamlets Road, London is the 45th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £99k more expensive than the average property in E7.
The closest station to 68, 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 68, 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 68, 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 68, 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 68, 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 68, 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.