3 Mears Close

    3, MEARS CLOSE, LONDON, E1 1AS

    This terraced freehold property on Mears Close last sold in October 2007 for £435,000. Based on price growth in the E1 district since then, its estimated current value is £844,639 — placing it in the 94th percentile nationally and the 91st percentile within E1. The property covers 131 m² (1,410 sq ft), giving an estimated value of £6,448 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,410 sq ft

    131 m²

    Last Sale Price

    £435,000

    Oct 2007

    Estimated Valuation

    £844,639

    Est. £/sq ft

    £599/sq ft

    £6,448/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms5
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area1,410 sq ft (131 m²)
    EPC dateAug 2024
    WallsSystem built, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    26 Oct 2007

    New build

    £435,000

    Key Metrics

    Estimated valuation£844,639
    Value per sq ft / m²£599/sq ft (£6,448/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    E1 district percentile91st percentile
    National percentile94th percentile

    District Context — E1

    E1 covers central East London neighbourhoods including Whitechapel, Aldgate, and the fringe of the City, positioned just east of the financial district. It is a densely populated, predominantly young and professional area with a strong rental market and high ethnic diversity.

    Average Property Price - E1

    £526,219

    83

    National percentile

    Average Net Household Income - E1

    £52,662

    93

    National percentile

    10-Year Annualised Price Growth - E1

    -0.8%

    2

    National percentile

    10-Year Annualised Rent Growth - E

    3.3%

    19

    National percentile

    View full analysis for E1

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