According to the public record, Flat 2, 22, Ordell Road, London is a period leasehold apartment with 1,022 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
The apartment is in 22, Ordell Road, London, E3.
Ordell Road, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Flat 2, 22, Ordell Road, London has a single entry in the Land Registry database from March 2007 and a single entry in the EPC database dated April 2022.
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 Flat 2 22 Ordell Road London as £588,800 and the rental value as £3,258 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of Flat 2 22 Ordell Road London has increased by £2,655 (0.5%) and its rental value has increased by £152 per month (4.7%).
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 Flat 2, 22, Ordell Road, London is in very good condition we estimate a sale value of £618,240 and rental value of £3,421 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £547,584 and a rental value of £3,030 per month.
If you were able to purchase this property for the estimated value of £588,800, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,894 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, Flat 2, 22, Ordell Road, London was last sold on 16 Mar 2007 for £325,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2007, the market for similar properties has risen 56.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 22, Ordell Road, London within a radius of 250 metres over the last 2 years.
The most recent example is Flat 5, Aubers Ridge Court 9, Festubert Place, London, E3 2ZS, a Leasehold flat which sold for £575,000 in Jul 2022.
Read more about house prices in E3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ordell Road, London, E3 has a total of 154 addresses. According to our analysis of all the public data, Flat 2, 22, Ordell Road, London is the 12th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £149k more expensive than the average property in E3.
Flat 2, 22, Ordell Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Apr 2022.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to Flat 2, 22, Ordell Road, London is Bow Road station which is 400 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 Flat 2, 22, Ordell Road, London, 57.5% of property is privately rented and 31.0% 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 Flat 2, 22, Ordell Road, London, 11.0% of residents are recorded as possessing school level qualifications and 78.2% 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 Flat 2, 22, Ordell Road, London, the average age was 32.7 and the most common age was 27.
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 Flat 2, 22, Ordell Road, London, 1.8% 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 Flat 2, 22, Ordell Road, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.