Flat 17 Melwood House, 13 Watney Market

    FLAT 17 MELWOOD HOUSE, 13, WATNEY MARKET, LONDON, E1 2QX

    This flat/maisonette leasehold property on Watney Market last sold in January 2021 for £479,500. Based on price growth in the E1 district since then, its estimated current value is £441,823 — placing it in the 73rd percentile nationally and the 49th percentile within E1. The property covers 114 m² (1,227 sq ft), giving an estimated value of £3,876 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,227 sq ft

    114 m²

    Last Sale Price

    £479,500

    Jan 2021

    Estimated Valuation

    £441,823

    Est. £/sq ft

    £360/sq ft

    £3,876/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms6
    Main fuelfrom heat network data (community)
    EPC currentD
    EPC potentialC
    Floor area1,227 sq ft (114 m²)
    EPC dateJun 2020
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingCommunity scheme

    Transaction History

    15 Jan 2021

    £479,500

    Key Metrics

    Estimated valuation£441,823
    Value per sq ft / m²£360/sq ft (£3,876/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    E1 district percentile49th percentile
    National percentile73rd 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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