2 Union Drive

    2, UNION DRIVE, LONDON, E1 4PG

    This terraced freehold property on Union Drive last sold in June 2015 for £620,000. Based on price growth in the E1 district since then, its estimated current value is £608,926 — placing it in the 86th percentile nationally and the 75th percentile within E1. The property covers 102 m² (1,098 sq ft), giving an estimated value of £5,970 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,098 sq ft

    102 m²

    Last Sale Price

    £620,000

    Jun 2015

    Estimated Valuation

    £608,926

    Est. £/sq ft

    £555/sq ft

    £5,970/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,098 sq ft (102 m²)
    EPC dateFeb 2015
    WallsSolid brick, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Jun 2015

    £620,000

    20 Dec 2012

    £400,000

    Key Metrics

    Estimated valuation£608,926
    Value per sq ft / m²£555/sq ft (£5,970/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    E1 district percentile75th percentile
    National percentile86th 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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