61 Morecambe Close

    61, MORECAMBE CLOSE, LONDON, E1 4NH

    This flat/maisonette leasehold property on Morecambe Close last sold in June 2021 for £350,000. Based on price growth in the E1 district since then, its estimated current value is £322,498 — placing it in the 54th percentile nationally and the 20th percentile within E1. The property covers 47 m² (506 sq ft), giving an estimated value of £6,862 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    506 sq ft

    47 m²

    Last Sale Price

    £350,000

    Jun 2021

    Estimated Valuation

    £322,498

    Est. £/sq ft

    £637/sq ft

    £6,862/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area506 sq ft (47 m²)
    EPC dateMay 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Jun 2021

    £350,000

    4 Apr 2003

    £127,500

    Key Metrics

    Estimated valuation£322,498
    Value per sq ft / m²£637/sq ft (£6,862/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    E1 district percentile20th percentile
    National percentile54th 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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