According to the public record, Ground Floor Flat, 55, Tower Hamlets Road, London is a mid-century leasehold apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 55, Tower Hamlets Road, London, E17.
Tower Hamlets Road, London, E17 is located in the borough of Waltham Forest within the E17 postal district.
Ground Floor Flat, 55, Tower Hamlets Road, London has 31 entries in the Land Registry database, most recently in November 2022 and a single entry in the EPC database dated June 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 Ground Floor Flat 55 Tower Hamlets Road London as £376,788 and the rental value as £1,831 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of Ground Floor Flat 55 Tower Hamlets Road London has increased by £11,482 (3.0%) and its rental value has increased by £60 per month (3.3%).
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 Ground Floor Flat, 55, Tower Hamlets Road, London is in very good condition we estimate a sale value of £395,628 and rental value of £1,922 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £350,413 and a rental value of £1,703 per month.
If you were able to purchase this property for the estimated value of £376,788, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,852 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, Ground Floor Flat, 55, Tower Hamlets Road, London was last sold on 21 Nov 2022 for £377,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Nov 2022, the market for similar properties has dropped 0.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Ground Floor Flat, 55, Tower Hamlets Road, London within a radius of 320 metres over the last 2 years.
The most recent example is Apartment 7, Lumiere Apartments 195, Howard Road, London, E17 4SG, a Leasehold flat which sold for £363,500 in Jun 2023.
Read more about house prices in E17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tower Hamlets Road, London, E17 has a total of 79 addresses. According to our analysis of all the public data, Ground Floor Flat, 55, Tower Hamlets Road, London is the 58th largest and the 65th most expensive property on the street.
When compared to the postcode district it is £178k less expensive than the average property in E17.
Ground Floor Flat, 55, Tower Hamlets Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Jun 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 Ground Floor Flat, 55, Tower Hamlets Road, London is Wood Street 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 Ground Floor Flat, 55, Tower Hamlets Road, London, 33.6% of property is privately owned with a mortgage and 23.1% 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 Ground Floor Flat, 55, Tower Hamlets Road, London, 14.2% of residents are recorded as possessing school level qualifications and 52.2% 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 Ground Floor Flat, 55, Tower Hamlets Road, London, the average age was 35.6 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 Ground Floor Flat, 55, Tower Hamlets Road, London, 0.9% 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 Ground Floor Flat, 55, Tower Hamlets 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.