According to the public record, 383B, Old Ford Road, London is a modern freehold house with 538 ft2 of internal area and sits on a 62.3 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Old Ford Road, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
383B, Old Ford Road, London has 41 entries in the Land Registry database, most recently in June 2021 and a single entry in the EPC database dated January 2015.
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 383B Old Ford Road London as £453,318 and the rental value as £2,688 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 383B Old Ford Road London has increased by £11,028 (2.4%) and its rental value has increased by £162 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 383B, Old Ford Road, London is in very good condition we estimate a sale value of £475,984 and rental value of £2,822 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £421,586 and a rental value of £2,500 per month.
If you were able to purchase this property for the estimated value of £453,318, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,228 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, 383B, Old Ford Road, London sits on a plot of 62m2.
We have plot size data on 5 out of 8 other houses in the postcode and 383B, Old Ford Road, London sits on the 7th largest plot.
According to HM Land Registry, 383B, Old Ford Road, London was last sold on 10 Jun 2021 for £497,500 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 4.3%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 383B, Old Ford Road, London within a radius of 310 metres over the last 2 years.
The most recent example is 383D, Old Ford Road, London, E3 2LU, a Freehold house which sold for £475,000 in Aug 2020.
Read more about house prices in E3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Old Ford Road, London, E3 has a total of 471 addresses. According to our analysis of all the public data, 383B, Old Ford Road, London is the 337th largest and the 274th most expensive property on the street.
When compared to the postcode district it is £13k more expensive than the average property in E3.
383B, Old Ford Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Jan 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 383B, Old Ford Road, London is Hackney Wick 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 383B, Old Ford Road, London, 38.7% of property is socially rented and 26.9% 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 383B, Old Ford Road, London, 17.9% of residents are recorded as possessing school level qualifications and 44.8% 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 383B, Old Ford 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 383B, Old Ford Road, London, 1.7% 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 383B, Old Ford Road, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.