38 Morton Close

    38, MORTON CLOSE, LONDON, E1 2QT

    This flat/maisonette leasehold property on Morton Close last sold in August 2016 for £360,000. Based on price growth in the E1 district since then, its estimated current value is £282,173 — placing it in the 45th percentile nationally and the 12th percentile within E1. The property covers 52 m² (560 sq ft), giving an estimated value of £5,426 per m². The EPC rating is D, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    560 sq ft

    52 m²

    Last Sale Price

    £360,000

    Aug 2016

    Estimated Valuation

    £282,173

    Est. £/sq ft

    £504/sq ft

    £5,426/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialB
    Floor area560 sq ft (52 m²)
    EPC dateJan 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    12 Aug 2016

    £360,000

    4 Jun 2004

    £270,000

    Key Metrics

    Estimated valuation£282,173
    Value per sq ft / m²£504/sq ft (£5,426/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    E1 district percentile12th percentile
    National percentile45th 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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