23b New Road

    23B, NEW ROAD, LONDON, E1 1HE

    This flat/maisonette leasehold property on New Road last sold in August 2017 for £640,000. Based on price growth in the E1 district since then, its estimated current value is £485,550 — placing it in the 78th percentile nationally and the 57th percentile within E1. The property covers 65 m² (700 sq ft), giving an estimated value of £7,470 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    700 sq ft

    65 m²

    Last Sale Price

    £640,000

    Aug 2017

    Estimated Valuation

    £485,550

    Est. £/sq ft

    £694/sq ft

    £7,470/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area700 sq ft (65 m²)
    EPC dateAug 2020
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Aug 2017

    £640,000

    24 Apr 2002

    New build

    £199,950

    Key Metrics

    Estimated valuation£485,550
    Value per sq ft / m²£694/sq ft (£7,470/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    E1 district percentile57th percentile
    National percentile78th 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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