Flat 5 Cornerstone Court, 2 Hemming Street

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

    This flat/maisonette leasehold property on Hemming Street last sold in July 2012 for £275,000. Based on price growth in the E1 district since then, its estimated current value is £399,956 — placing it in the 67th percentile nationally and the 39th percentile within E1. The property covers 52 m² (560 sq ft), giving an estimated value of £7,691 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    560 sq ft

    52 m²

    Last Sale Price

    £275,000

    Jul 2012

    Estimated Valuation

    £399,956

    Est. £/sq ft

    £715/sq ft

    £7,691/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area560 sq ft (52 m²)
    EPC dateNov 2018
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Jul 2012

    £275,000

    18 Aug 2006

    £223,500

    23 Nov 2005

    New build

    £180,000

    Key Metrics

    Estimated valuation£399,956
    Value per sq ft / m²£715/sq ft (£7,691/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    E1 district percentile39th percentile
    National percentile67th 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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