According to the public record, Flat B, 50, Ellesmere Road, London is a period leasehold apartment with 559 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 50, Ellesmere Road, London, E3.
Ellesmere Road, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Flat B, 50, Ellesmere Road, London has 51 entries in the Land Registry database, most recently in October 2023 and a single entry in the EPC database dated August 2020.
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 B 50 Ellesmere Road London as £540,177 and the rental value as £2,639 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Flat B 50 Ellesmere Road London has decreased by £0 (0.0%) and its rental value has increased by £99 per month (3.8%).
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 B, 50, Ellesmere Road, London is in very good condition we estimate a sale value of £567,185 and rental value of £2,771 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £502,364 and a rental value of £2,454 per month.
If you were able to purchase this property for the estimated value of £540,177, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,655 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 B, 50, Ellesmere Road, London was last sold on 13 Oct 2023 for £555,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Oct 2023, the market for similar properties has risen 0.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat B, 50, Ellesmere Road, London within a radius of 290 metres over the last 2 years.
The most recent example is 330B, Old Ford Road, London, E3 5TA, a Leasehold flat which sold for £515,000 in Jun 2021.
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 1 let within a 290 metres radius of Flat B, 50, Ellesmere Road, London over the last 2 years.
Most recently 1A, Vivian Road, London, E3 5RE, a Leasehold flat let by Saint Andrews Bureau in Dec 2022.
Ellesmere Road, London, E3 has a total of 118 addresses. According to our analysis of all the public data, Flat B, 50, Ellesmere Road, London is the 87th largest and the 90th most expensive property on the street.
When compared to the postcode district it is £100k more expensive than the average property in E3.
Flat B, 50, Ellesmere Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Aug 2020.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to Flat B, 50, Ellesmere Road, London is Mile End station which is 900 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 B, 50, Ellesmere Road, London, 45.0% of property is privately rented and 23.0% 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 Flat B, 50, Ellesmere Road, London, 16.2% of residents are recorded as possessing school level qualifications and 59.0% 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 B, 50, Ellesmere Road, London, the average age was 34.8 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 Flat B, 50, Ellesmere Road, London, 0.7% 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 Flat B, 50, Ellesmere Road, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.