According to the public record, Flat 28, 20, Palmers Road, London is a modern apartment with 1,044 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in 20, Palmers Road, London, E2.
Palmers Road, London, E2 is located in the borough of Tower Hamlets within the E2 postal district.
Flat 28, 20, Palmers Road, London has no recent1 records in the Land Registry database and a single entry in the EPC database dated April 2017.
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 Flat 28 20 Palmers Road London as £705,275 and the rental value as £3,439 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Flat 28 20 Palmers Road London has decreased by £480 (0.1%) and its rental value has increased by £135 per month (3.9%).
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 28, 20, Palmers Road, London is in very good condition we estimate a sale value of £740,539 and rental value of £3,611 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £655,906 and a rental value of £3,199 per month.
If you were able to purchase this property for the estimated value of £705,275, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,466 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 28, 20, Palmers Road, London was last sold on 08 Jul 2005 for £286,145 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 sales of properties similar to Flat 28, 20, Palmers Road, London within a radius of 290 metres over the last 2 years.
The most recent example is Apartment 701, Grand Regent Tower 2, Cadmium Square, London, E2 0FG, a Leasehold flat which sold for £755,000 in May 2024.
Read more about house prices in E2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Palmers Road, London, E2 has a total of 718 addresses. According to our analysis of all the public data, Flat 28, 20, Palmers Road, London is the 81st largest and the 39th most expensive property on the street.
When compared to the postcode district it is £194k more expensive than the average property in E2.
Flat 28, 20, Palmers Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Apr 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 28, 20, Palmers 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 Flat 28, 20, Palmers Road, London, 36.9% of property is socially rented and 30.6% is privately 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 Flat 28, 20, Palmers Road, London, 29.9% of residents are recorded as possessing school level qualifications and 52.0% 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 Flat 28, 20, Palmers Road, London, the average age was 29.4 and the most common age was 17.
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 28, 20, Palmers Road, London, 1.2% 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 Flat 28, 20, Palmers 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.