40 Morton Close

    40, MORTON CLOSE, LONDON, LONDON, E1 2QT

    This flat/maisonette leasehold property on Morton Close last sold in May 2004 for £162,500. Based on price growth in the E1 district since then, its estimated current value is £376,584 — placing it in the 64th percentile nationally and the 33rd percentile within E1. The property covers 41 m² (441 sq ft), giving an estimated value of £9,185 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    441 sq ft

    41 m²

    Last Sale Price

    £162,500

    May 2004

    Estimated Valuation

    £376,584

    Est. £/sq ft

    £853/sq ft

    £9,185/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentB
    EPC potentialB
    Floor area441 sq ft (41 m²)
    EPC dateJun 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    27 May 2004

    New build

    £162,500

    Key Metrics

    Estimated valuation£376,584
    Value per sq ft / m²£853/sq ft (£9,185/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    E1 district percentile33rd percentile
    National percentile64th 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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