50 Morton Close

    50, MORTON CLOSE, LONDON, E1 2QT

    This flat/maisonette leasehold property on Morton Close last sold in May 2015 for £412,500. Based on price growth in the E1 district since then, its estimated current value is £361,383 — placing it in the 61st percentile nationally and the 28th percentile within E1. The property covers 62 m² (667 sq ft), giving an estimated value of £5,829 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    667 sq ft

    62 m²

    Last Sale Price

    £412,500

    May 2015

    Estimated Valuation

    £361,383

    Est. £/sq ft

    £542/sq ft

    £5,829/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentB
    EPC potentialB
    Floor area667 sq ft (62 m²)
    EPC dateAug 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    27 May 2015

    £412,500

    4 Aug 2004

    New build

    £197,500

    Key Metrics

    Estimated valuation£361,383
    Value per sq ft / m²£542/sq ft (£5,829/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    E1 district percentile28th percentile
    National percentile61st 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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