According to the public record, 550A, Roman Road, London is a modern apartment with 968 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 550, Roman Road, London, E3.
Roman Road, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
550A, Roman Road, London has no recent1 records in the Land Registry database and a single entry in the EPC database dated February 2021.
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 550A Roman Road London as £686,818 and the rental value as £3,424 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 550A Roman Road London has decreased by £6,587 (1.0%) and its rental value has increased by £109 per month (3.2%).
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 550A, Roman Road, London is in very good condition we estimate a sale value of £721,158 and rental value of £3,596 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £638,740 and a rental value of £3,185 per month.
If you were able to purchase this property for the estimated value of £686,818, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,375 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, 550A, Roman Road, London was last sold on 28 Feb 2000 for £256,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 250 metres radius of 550A, Roman Road, London over the last 2 years.
The most recent example is Flat 24, Dennis House, Roman Road, London, E3 5ER, a Leasehold flat which sold for £265,000 in Nov 2022.
Read more about house prices in E3.
Roman Road, London, E3 has a total of 547 addresses. According to our analysis of all the public data, 550A, Roman Road, London is the 35th largest and the 46th most expensive property on the street.
When compared to the postcode district it is £247k more expensive than the average property in E3.
550A, Roman Road, London has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 01 Feb 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 550A, Roman Road, London is Bow Road station which is 700 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 550A, Roman Road, London, 42.3% of property is privately rented and 39.0% 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 550A, Roman Road, London, 20.5% of residents are recorded as possessing school level qualifications and 41.6% 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 550A, Roman 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 550A, Roman Road, London, 0.2% 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 550A, Roman 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.