Flat 1 1 Mears Close

    FLAT 1 1, MEARS CLOSE, LONDON, E1 1AS

    This flat/maisonette leasehold property on Mears Close last sold in December 2013 for £420,000. Based on price growth in the E1 district since then, its estimated current value is £525,978 — placing it in the 81st percentile nationally and the 64th percentile within E1. The property covers 50 m² (538 sq ft), giving an estimated value of £10,520 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    538 sq ft

    50 m²

    Last Sale Price

    £420,000

    Dec 2013

    Estimated Valuation

    £525,978

    Est. £/sq ft

    £977/sq ft

    £10,520/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area538 sq ft (50 m²)
    EPC dateFeb 2024
    WallsSystem built, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    19 Dec 2013

    £420,000

    1 Nov 2007

    £285,000

    Key Metrics

    Estimated valuation£525,978
    Value per sq ft / m²£977/sq ft (£10,520/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    E1 district percentile64th percentile
    National percentile81st 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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