According to the public record, Flat 33, 85, Fairfield Road, London is a modern leasehold apartment with 753 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in 85, Fairfield Road, London, E3.
Fairfield Road, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Flat 33, 85, Fairfield Road, London has 3 entries in the Land Registry database, most recently in February 2018 and a single entry in the EPC database dated October 2021.
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 33 85 Fairfield Road London as £416,101 and the rental value as £2,364 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of Flat 33 85 Fairfield Road London has decreased by £8,922 (2.1%) and its rental value has increased by £47 per month (2.0%).
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 Flat 33, 85, Fairfield Road, London is in very good condition we estimate a sale value of £436,907 and rental value of £2,482 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £386,974 and a rental value of £2,199 per month.
If you were able to purchase this property for the estimated value of £416,101, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,045 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 33, 85, Fairfield Road, London was last sold on 19 Feb 2018 for £449,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Feb 2018, the market for similar properties has dropped 5.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 33, 85, Fairfield Road, London within a radius of 230 metres over the last 2 years.
The most recent example is Flat 20, 85, Fairfield Road, London, E3 2QF, a Leasehold flat which sold for £410,000 in Aug 2023.
Read more about house prices in E3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 2 lets within a 230 metres radius of Flat 33, 85, Fairfield Road, London over the last 2 years.
Most recently Flat 2, 31, Douro Street, London, E3 2TS, a Leasehold flat let by London Property Management in Aug 2021.
Fairfield Road, London, E3 has a total of 1009 addresses. According to our analysis of all the public data, Flat 33, 85, Fairfield Road, London is the 333rd largest and the 439th most expensive property on the street.
When compared to the postcode district it is £24k less expensive than the average property in E3.
Flat 33, 85, Fairfield Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Oct 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 33, 85, Fairfield Road, London is Bow Church 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 33, 85, Fairfield Road, London, 37.3% of property is socially rented and 37.3% 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 33, 85, Fairfield Road, London, 23.4% of residents are recorded as possessing school level qualifications and 54.8% 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 Flat 33, 85, Fairfield 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 33, 85, Fairfield Road, London, 0.0% 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 33, 85, Fairfield 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.