According to the public record, 8, Driffield Road, London is a period house with 1,388 ft2 of internal area and sits on a 122 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Driffield Road, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
8, Driffield Road, London has no recent1 records in the Land Registry database and a single entry in the EPC database dated January 2016.
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 8 Driffield Road London as £1,143,758 and the rental value as £6,124 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 8 Driffield Road London has increased by £14,773 (1.3%) and its rental value has increased by £312 per month (5.1%).
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, Driffield Road, London is in very good condition we estimate a sale value of £1,200,946 and rental value of £6,430 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,063,695 and a rental value of £5,695 per month.
If you were able to purchase this property for the estimated value of £1,143,758, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,621 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, 8, Driffield Road, London sits on a plot of 122m2.
We have plot size data on 7 out of 13 other houses in the postcode and 8, Driffield Road, London sits on the largest plot.
According to HM Land Registry, 8, Driffield Road, London was last sold on 14 Apr 2004 for £395,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Driffield Road, London within a radius of 260 metres over the last 2 years.
The most recent example is 34, Driffield Road, London, E3 5NF, a Freehold house which sold for £1,120,000 in Apr 2024.
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 1 let within a 260 metres radius of 8, Driffield Road, London over the last 2 years.
Most recently 1A, Vivian Road, London, E3 5RE, a Leasehold flat let by Saint Andrews Bureau in Dec 2022.
Driffield Road, London, E3 has a total of 99 addresses. According to our analysis of all the public data, 8, Driffield Road, London is the 4th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £704k more expensive than the average property in E3.
8, Driffield Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Jan 2016.
The property is connected to mains gas and has some double glazing. It is heated using a boiler and radiators.
The closest station to 8, Driffield Road, London is Mile End station which is 800 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, Driffield Road, London, 45.0% of property is privately rented and 23.0% 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 8, Driffield Road, London, 16.2% of residents are recorded as possessing school level qualifications and 59.0% 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, Driffield 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 8, Driffield Road, London, 0.7% 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, Driffield 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.