Flat 50 Melwood House, 13 Watney Market

    FLAT 50 MELWOOD HOUSE, 13, WATNEY MARKET, LONDON, E1 2QX

    This flat/maisonette leasehold property on Watney Market last sold in May 2015 for £332,500. Based on price growth in the E1 district since then, its estimated current value is £291,297 — placing it in the 47th percentile nationally and the 13th percentile within E1. The property covers 85 m² (915 sq ft), giving an estimated value of £3,427 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    915 sq ft

    85 m²

    Last Sale Price

    £332,500

    May 2015

    Estimated Valuation

    £291,297

    Est. £/sq ft

    £318/sq ft

    £3,427/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialC
    Floor area915 sq ft (85 m²)
    EPC dateJun 2014
    WallsCavity wall,
    HeatingRoom heaters, electric

    Transaction History

    20 May 2015

    £332,500

    Key Metrics

    Estimated valuation£291,297
    Value per sq ft / m²£318/sq ft (£3,427/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    E1 district percentile13th percentile
    National percentile47th 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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