Flat 404 Rigel House, 18 Hemming Street

    FLAT 404 RIGEL HOUSE, 18, HEMMING STREET, LONDON, E1 5GB

    This flat/maisonette leasehold property on Hemming Street last sold in March 2020 for £655,000. Based on price growth in the E1 district since then, its estimated current value is £541,979 — placing it in the 82nd percentile nationally and the 67th percentile within E1. The property covers 88 m² (947 sq ft), giving an estimated value of £6,159 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    947 sq ft

    88 m²

    Last Sale Price

    £655,000

    Mar 2020

    Estimated Valuation

    £541,979

    Est. £/sq ft

    £572/sq ft

    £6,159/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction age2016
    Habitable roomsNot available
    Main fuelNot available
    EPC currentB
    EPC potentialB
    Floor area947 sq ft (88 m²)
    EPC dateMay 2019
    WallsAverage thermal transmittance 0.22 W/m²K
    HeatingCommunity scheme

    Transaction History

    19 Mar 2020

    New build

    £655,000

    Key Metrics

    Estimated valuation£541,979
    Value per sq ft / m²£572/sq ft (£6,159/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    E1 district percentile67th percentile
    National percentile82nd 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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