Flat 6 Drake House Stepney Way

    FLAT 6 DRAKE HOUSE, STEPNEY WAY, LONDON, E1 3BE

    This flat/maisonette leasehold property on Stepney Way last sold in July 2013 for £208,750. Based on price growth in the E1 district since then, its estimated current value is £261,424 — placing it in the 40th percentile nationally and the 9th percentile within E1. The property covers 59 m² (635 sq ft), giving an estimated value of £4,431 per m². The EPC rating is D, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    635 sq ft

    59 m²

    Last Sale Price

    £208,750

    Jul 2013

    Estimated Valuation

    £261,424

    Est. £/sq ft

    £412/sq ft

    £4,431/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialD
    Floor area635 sq ft (59 m²)
    EPC dateApr 2014
    WallsTimber frame, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Jul 2013

    £208,750

    14 May 2001

    £139,995

    1 Dec 2000

    £40,000

    Key Metrics

    Estimated valuation£261,424
    Value per sq ft / m²£412/sq ft (£4,431/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    E1 district percentile9th percentile
    National percentile40th 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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