16 Ernest Street

    16, ERNEST STREET, LONDON, E1 4LS

    This terraced freehold property on Ernest Street last sold in March 2017 for £658,000. Based on price growth in the E1 district since then, its estimated current value is £497,784 — placing it in the 79th percentile nationally and the 60th percentile within E1. The property covers 100 m² (1,076 sq ft), giving an estimated value of £4,978 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,076 sq ft

    100 m²

    Last Sale Price

    £658,000

    Mar 2017

    Estimated Valuation

    £497,784

    Est. £/sq ft

    £462/sq ft

    £4,978/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,076 sq ft (100 m²)
    EPC dateFeb 2017
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Mar 2017

    £658,000

    Key Metrics

    Estimated valuation£497,784
    Value per sq ft / m²£462/sq ft (£4,978/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    E1 district percentile60th percentile
    National percentile79th 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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