Flat 24 56 Folgate Street

    FLAT 24 56, FOLGATE STREET, LONDON, LONDON, E1 6UW

    This flat/maisonette leasehold property on Folgate Street last sold in May 2002 for £249,950. Based on price growth in the E1 district since then, its estimated current value is £615,552 — placing it in the 87th percentile nationally and the 76th percentile within E1. The property covers 69 m² (743 sq ft), giving an estimated value of £8,921 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    743 sq ft

    69 m²

    Last Sale Price

    £249,950

    May 2002

    Estimated Valuation

    £615,552

    Est. £/sq ft

    £829/sq ft

    £8,921/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area743 sq ft (69 m²)
    EPC dateFeb 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    17 May 2002

    £249,950

    11 Aug 1998

    New build

    £207,450

    Key Metrics

    Estimated valuation£615,552
    Value per sq ft / m²£829/sq ft (£8,921/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    E1 district percentile76th percentile
    National percentile87th 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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