Flat 2 1 Mears Close

    FLAT 2 1, MEARS CLOSE, LONDON, E1 1AS

    This flat/maisonette leasehold property on Mears Close last sold in March 2016 for £515,500. Based on price growth in the E1 district since then, its estimated current value is £404,057 — placing it in the 68th percentile nationally and the 40th percentile within E1. The property covers 77 m² (829 sq ft), giving an estimated value of £5,247 per m². The EPC rating is D, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    829 sq ft

    77 m²

    Last Sale Price

    £515,500

    Mar 2016

    Estimated Valuation

    £404,057

    Est. £/sq ft

    £487/sq ft

    £5,247/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formNot Recorded
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialB
    Floor area829 sq ft (77 m²)
    EPC dateJun 2025
    WallsSystem built, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    11 Mar 2016

    £515,500

    1 Nov 2007

    £285,000

    Key Metrics

    Estimated valuation£404,057
    Value per sq ft / m²£487/sq ft (£5,247/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    E1 district percentile40th percentile
    National percentile68th 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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