Flat 11 Cornerstone Court, 2 Hemming Street

    FLAT 11 CORNERSTONE COURT, 2, HEMMING STREET, LONDON, E1 5BL

    This flat/maisonette leasehold property on Hemming Street last sold in August 2021 for £500,000. Based on price growth in the E1 district since then, its estimated current value is £460,712 — placing it in the 75th percentile nationally and the 53rd percentile within E1. The property covers 80 m² (861 sq ft), giving an estimated value of £5,759 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    861 sq ft

    80 m²

    Last Sale Price

    £500,000

    Aug 2021

    Estimated Valuation

    £460,712

    Est. £/sq ft

    £535/sq ft

    £5,759/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area861 sq ft (80 m²)
    EPC dateJan 2018
    WallsTimber frame, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    13 Aug 2021

    £500,000

    13 Apr 2006

    £285,000

    Key Metrics

    Estimated valuation£460,712
    Value per sq ft / m²£535/sq ft (£5,759/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    E1 district percentile53rd percentile
    National percentile75th 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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