According to the public record, 78, Fairfield Road, London is a modern freehold house with 624 ft2 of internal area and sits on a 66.5 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Fairfield Road, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
78, Fairfield Road, London has a single entry in the Land Registry database from November 2015 and a single entry in the EPC database dated April 2014.
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 78 Fairfield Road London as £565,470 and the rental value as £3,190 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 78 Fairfield Road London has increased by £9,004 (1.6%) and its rental value has increased by £187 per month (5.9%).
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 78, Fairfield Road, London is in very good condition we estimate a sale value of £593,743 and rental value of £3,350 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £525,887 and a rental value of £2,967 per month.
If you were able to purchase this property for the estimated value of £565,470, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,779 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, 78, Fairfield Road, London sits on a plot of 66m2.
We have plot size data on 5 out of 10 other houses in the postcode and 78, Fairfield Road, London sits on the 6th largest plot.
According to HM Land Registry, 78, Fairfield Road, London was last sold on 20 Nov 2015 for £480,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2015, the market for similar properties has risen 5.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 78, Fairfield Road, London within a radius of 220 metres over the last 2 years.
The most recent example is 17, Douro Street, London, E3 2TS, a Freehold house which sold for £632,000 in Apr 2022.
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 220 metres radius of 78, Fairfield 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.
Fairfield Road, London, E3 has a total of 1009 addresses. According to our analysis of all the public data, 78, Fairfield Road, London is the 484th largest and the 117th most expensive property on the street.
When compared to the postcode district it is £126k more expensive than the average property in E3.
78, Fairfield Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Apr 2014.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 78, Fairfield Road, 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 78, Fairfield Road, London, 43.9% of property is privately rented and 21.4% 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 78, Fairfield Road, London, 12.7% of residents are recorded as possessing school level qualifications and 66.2% 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 78, Fairfield Road, 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 78, Fairfield 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 78, Fairfield 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.