55 Morton Close

    55, MORTON CLOSE, LONDON, E1 2QT

    This flat/maisonette leasehold property on Morton Close last sold in November 2011 for £285,000. Based on price growth in the E1 district since then, its estimated current value is £427,388 — placing it in the 71st percentile nationally and the 45th percentile within E1. The property covers 49 m² (527 sq ft), giving an estimated value of £8,722 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    527 sq ft

    49 m²

    Last Sale Price

    £285,000

    Nov 2011

    Estimated Valuation

    £427,388

    Est. £/sq ft

    £810/sq ft

    £8,722/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area527 sq ft (49 m²)
    EPC dateDec 2018
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    3 Nov 2011

    £285,000

    14 Nov 2008

    £270,000

    4 Aug 2004

    New build

    £192,500

    Key Metrics

    Estimated valuation£427,388
    Value per sq ft / m²£810/sq ft (£8,722/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    E1 district percentile45th percentile
    National percentile71st 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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