Flat 52 Melwood House, 13 Watney Market

    FLAT 52 MELWOOD HOUSE, 13, WATNEY MARKET, LONDON, E1 2QX

    This flat/maisonette leasehold property on Watney Market last sold in October 2014 for £300,000. Based on price growth in the E1 district since then, its estimated current value is £313,069 — placing it in the 52nd percentile nationally and the 17th percentile within E1. The property covers 39 m² (420 sq ft), giving an estimated value of £8,027 per m². The EPC rating is D, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    420 sq ft

    39 m²

    Last Sale Price

    £300,000

    Oct 2014

    Estimated Valuation

    £313,069

    Est. £/sq ft

    £746/sq ft

    £8,027/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms2
    Main fuelmains gas (community)
    EPC currentD
    EPC potentialD
    Floor area420 sq ft (39 m²)
    EPC dateMar 2014
    WallsSystem built, with internal insulation
    HeatingCommunity scheme

    Transaction History

    27 Oct 2014

    £300,000

    22 Jun 2007

    £257,000

    24 Aug 2000

    £120,000

    Key Metrics

    Estimated valuation£313,069
    Value per sq ft / m²£746/sq ft (£8,027/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    E1 district percentile17th percentile
    National percentile52nd 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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