Flat 1 Cornerstone Court, 2 Hemming Street

    FLAT 1 CORNERSTONE COURT, 2, HEMMING STREET, LONDON, E1 5BL

    This flat/maisonette leasehold property on Hemming Street last sold in August 2013 for £315,000. Based on price growth in the E1 district since then, its estimated current value is £394,484 — placing it in the 66th percentile nationally and the 38th percentile within E1. The property covers 57 m² (614 sq ft), giving an estimated value of £6,921 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    614 sq ft

    57 m²

    Last Sale Price

    £315,000

    Aug 2013

    Estimated Valuation

    £394,484

    Est. £/sq ft

    £643/sq ft

    £6,921/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area614 sq ft (57 m²)
    EPC dateFeb 2020
    WallsTimber frame, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Aug 2013

    £315,000

    20 Dec 2005

    New build

    £170,000

    Key Metrics

    Estimated valuation£394,484
    Value per sq ft / m²£643/sq ft (£6,921/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    E1 district percentile38th percentile
    National percentile66th 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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