Flat 3, 7 Flank Street

    FLAT 3, 7, FLANK STREET, LONDON, E1 8QX

    This flat/maisonette leasehold property on Flank Street last sold in October 2020 for £676,000. Based on price growth in the E1 district since then, its estimated current value is £559,355 — placing it in the 83rd percentile nationally and the 69th percentile within E1. The property covers 83 m² (893 sq ft), giving an estimated value of £6,739 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    893 sq ft

    83 m²

    Last Sale Price

    £676,000

    Oct 2020

    Estimated Valuation

    £559,355

    Est. £/sq ft

    £626/sq ft

    £6,739/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction age2018
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentC
    EPC potentialC
    Floor area893 sq ft (83 m²)
    EPC dateDec 2018
    WallsAverage thermal transmittance 0.25 W/m²K
    HeatingElectric underfloor heating

    Transaction History

    6 Oct 2020

    New build

    £676,000

    Key Metrics

    Estimated valuation£559,355
    Value per sq ft / m²£626/sq ft (£6,739/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    E1 district percentile69th percentile
    National percentile83rd 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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