Flat 5 Drake House Stepney Way

    FLAT 5 DRAKE HOUSE, STEPNEY WAY, LONDON, LONDON, E1 3BE

    This flat/maisonette leasehold property on Stepney Way last sold in March 2008 for £250,000. Based on price growth in the E1 district since then, its estimated current value is £388,096 — placing it in the 65th percentile nationally and the 36th percentile within E1. The property covers 56 m² (603 sq ft), giving an estimated value of £6,930 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    603 sq ft

    56 m²

    Last Sale Price

    £250,000

    Mar 2008

    Estimated Valuation

    £388,096

    Est. £/sq ft

    £644/sq ft

    £6,930/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area603 sq ft (56 m²)
    EPC dateJul 2019
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    7 Mar 2008

    £250,000

    18 Aug 2006

    £182,000

    27 Jul 2001

    £105,000

    Key Metrics

    Estimated valuation£388,096
    Value per sq ft / m²£644/sq ft (£6,930/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    E1 district percentile36th percentile
    National percentile65th 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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