1 Morecambe Close

    1, MORECAMBE CLOSE, LONDON, LONDON, E1 4NH

    This flat/maisonette leasehold property on Morecambe Close last sold in April 2007 for £195,000. Based on price growth in the E1 district since then, its estimated current value is £334,219 — placing it in the 56th percentile nationally and the 22nd percentile within E1. The property covers 52 m² (560 sq ft), giving an estimated value of £6,427 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    560 sq ft

    52 m²

    Last Sale Price

    £195,000

    Apr 2007

    Estimated Valuation

    £334,219

    Est. £/sq ft

    £597/sq ft

    £6,427/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms2
    Main fuelmains gas (community)
    EPC currentC
    EPC potentialC
    Floor area560 sq ft (52 m²)
    EPC dateFeb 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingCommunity scheme

    Transaction History

    20 Apr 2007

    £195,000

    Key Metrics

    Estimated valuation£334,219
    Value per sq ft / m²£597/sq ft (£6,427/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    E1 district percentile22nd percentile
    National percentile56th 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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