Flat 2 7 Flank Street

    FLAT 2 7, FLANK STREET, LONDON, E1 8QX

    This flat/maisonette leasehold property on Flank Street last sold in November 2020 for £585,000. Based on price growth in the E1 district since then, its estimated current value is £484,058 — placing it in the 77th percentile nationally and the 57th percentile within E1. The property covers 61 m² (657 sq ft), giving an estimated value of £7,935 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    657 sq ft

    61 m²

    Last Sale Price

    £585,000

    Nov 2020

    Estimated Valuation

    £484,058

    Est. £/sq ft

    £737/sq ft

    £7,935/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction age2018
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentC
    EPC potentialC
    Floor area657 sq ft (61 m²)
    EPC dateDec 2018
    WallsAverage thermal transmittance 0.24 W/m²K
    HeatingElectric underfloor heating

    Transaction History

    20 Nov 2020

    New build

    £585,000

    Key Metrics

    Estimated valuation£484,058
    Value per sq ft / m²£737/sq ft (£7,935/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    E1 district percentile57th percentile
    National percentile77th 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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