Flat 38 Hannah Building, 56 Watney Street

    FLAT 38 HANNAH BUILDING, 56, WATNEY STREET, LONDON, E1 2QU

    This flat/maisonette leasehold property on Watney Street last sold in October 2016 for £347,000. Based on price growth in the E1 district since then, its estimated current value is £271,984 — placing it in the 43rd percentile nationally and the 10th percentile within E1. The property covers 56 m² (603 sq ft), giving an estimated value of £4,857 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    603 sq ft

    56 m²

    Last Sale Price

    £347,000

    Oct 2016

    Estimated Valuation

    £271,984

    Est. £/sq ft

    £451/sq ft

    £4,857/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area603 sq ft (56 m²)
    EPC dateMay 2016
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Oct 2016

    £347,000

    Key Metrics

    Estimated valuation£271,984
    Value per sq ft / m²£451/sq ft (£4,857/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    E1 district percentile10th percentile
    National percentile43rd 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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