Flat 601 Rigel House, 18 Hemming Street

    FLAT 601 RIGEL HOUSE, 18, HEMMING STREET, LONDON, E1 5GB

    This flat/maisonette leasehold property on Hemming Street last sold in July 2019 for £685,000. Based on price growth in the E1 district since then, its estimated current value is £461,904 — placing it in the 75th percentile nationally and the 53rd percentile within E1. The property covers 74 m² (797 sq ft), giving an estimated value of £6,242 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    797 sq ft

    74 m²

    Last Sale Price

    £685,000

    Jul 2019

    Estimated Valuation

    £461,904

    Est. £/sq ft

    £580/sq ft

    £6,242/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction age2016
    Habitable roomsNot available
    Main fuelNot available
    EPC currentB
    EPC potentialB
    Floor area797 sq ft (74 m²)
    EPC dateJul 2019
    WallsAverage thermal transmittance 0.23 W/m²K
    HeatingCommunity scheme

    Transaction History

    31 Jul 2019

    New build

    £685,000

    Key Metrics

    Estimated valuation£461,904
    Value per sq ft / m²£580/sq ft (£6,242/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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