Flat 53 Melwood House, 13 Watney Market

    FLAT 53 MELWOOD HOUSE, 13, WATNEY MARKET, LONDON, LONDON, E1 2QX

    This flat/maisonette leasehold property on Watney Market last sold in October 2005 for £187,000. Based on price growth in the E1 district since then, its estimated current value is £410,426 — placing it in the 69th percentile nationally and the 41st percentile within E1. The property covers 39 m² (420 sq ft), giving an estimated value of £10,524 per m². The EPC rating is D, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    420 sq ft

    39 m²

    Last Sale Price

    £187,000

    Oct 2005

    Estimated Valuation

    £410,426

    Est. £/sq ft

    £978/sq ft

    £10,524/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms2
    Main fuelmains gas (community)
    EPC currentD
    EPC potentialD
    Floor area420 sq ft (39 m²)
    EPC dateMar 2014
    WallsSystem built, with internal insulation
    HeatingCommunity scheme

    Transaction History

    10 Oct 2005

    £187,000

    2 May 2000

    £100,000

    Key Metrics

    Estimated valuation£410,426
    Value per sq ft / m²£978/sq ft (£10,524/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    E1 district percentile41st percentile
    National percentile69th 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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