According to the public record, 8, Allen Road, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 757 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Allen Road, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
8, Allen Road, London has 21 entries in the Land Registry database, most recently in March 2009 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 8 Allen Road London as £365,618 and the rental value as £2,222 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 8 Allen Road London has increased by £153 (0.0%) and its rental value has increased by £91 per month (4.1%).
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 8, Allen Road, London is in very good condition we estimate a sale value of £383,899 and rental value of £2,333 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £340,025 and a rental value of £2,067 per month.
If you were able to purchase this property for the estimated value of £365,618, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,797 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, 8, Allen Road, London was last sold on 31 Mar 2009 for £250,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2009, the market for similar properties has risen 73.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Allen Road, London within a radius of 250 metres over the last 2 years.
The most recent example is Flat 8, Mcbride House 5, Libra Road, London, E3 2HP, a Leasehold flat which sold for £445,000 in May 2022.
Read more about house prices in E3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Allen Road, London, E3 has a total of 32 addresses. According to our analysis of all the public data, 8, Allen Road, London is the 30th largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £74k less expensive than the average property in E3.
The closest station to 8, Allen Road, London is Bow Road station which is 900 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 8, Allen Road, London, 49.7% of property is socially rented and 23.9% 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 8, Allen Road, London, 19.7% of residents are recorded as possessing school level qualifications and 44.1% 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 8, Allen 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 8, Allen 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 8, Allen Road, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.