Flat 26 Hannah Building, 56 Watney Street

    FLAT 26 HANNAH BUILDING, 56, WATNEY STREET, LONDON, E1 2QU

    This flat/maisonette leasehold property on Watney Street last sold in December 2016 for £450,000. Based on price growth in the E1 district since then, its estimated current value is £352,717 — placing it in the 60th percentile nationally and the 26th percentile within E1. The property covers 58 m² (624 sq ft), giving an estimated value of £6,081 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £450,000

    Dec 2016

    Estimated Valuation

    £352,717

    Est. £/sq ft

    £565/sq ft

    £6,081/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area624 sq ft (58 m²)
    EPC dateSept 2020
    WallsSystem built, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    9 Dec 2016

    £450,000

    23 Jul 2010

    £104,000

    Key Metrics

    Estimated valuation£352,717
    Value per sq ft / m²£565/sq ft (£6,081/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    E1 district percentile26th percentile
    National percentile60th 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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