According to the public record, 97, Tower Hamlets Road, London is a period freehold house with 631 ft2 of internal area and sits on a 93.4 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Tower Hamlets Road, London, E7 is located in the borough of Newham within the E7 postal district.
97, Tower Hamlets Road, London has 41 entries in the Land Registry database, most recently in June 2021 and a single entry in the EPC database dated November 2011.
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 97 Tower Hamlets Road London as £438,717 and the rental value as £2,377 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 97 Tower Hamlets Road London has increased by £21,564 (4.9%) and its rental value has increased by £143 per month (6.0%).
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 97, Tower Hamlets Road, London is in very good condition we estimate a sale value of £460,652 and rental value of £2,496 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £408,006 and a rental value of £2,211 per month.
If you were able to purchase this property for the estimated value of £438,717, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,156 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, 97, Tower Hamlets Road, London sits on a plot of 93m2.
We have plot size data on 21 out of 27 other houses in the postcode and 97, Tower Hamlets Road, London sits on the 22nd largest plot.
According to HM Land Registry, 97, Tower Hamlets Road, London was last sold on 14 Jun 2021 for £440,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Jun 2021, the market for similar properties has risen 7.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 97, Tower Hamlets Road, London within a radius of 380 metres over the last 2 years.
The most recent example is 107, Wellington Road, London, E7 9BT, a Freehold house which sold for £387,000 in May 2021.
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, 97, Tower Hamlets Road, London is the 122nd largest and the 111th most expensive property on the street.
When compared to the postcode district it is £55k less expensive than the average property in E7.
97, Tower Hamlets Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Nov 2011.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 97, Tower Hamlets Road, London is Forest Gate station which is 600 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 97, Tower Hamlets Road, London, 31.9% of property is privately rented and 30.4% 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 97, Tower Hamlets Road, London, 24.2% of residents are recorded as possessing school level qualifications and 41.3% 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 97, Tower Hamlets Road, London, the average age was 34.4 and the most common age was 37.
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 97, Tower Hamlets Road, London, 0.5% 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 97, Tower Hamlets Road, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.