Flat 27 Hannah Building, 56 Watney Street

    FLAT 27 HANNAH BUILDING, 56, WATNEY STREET, LONDON, E1 2QU

    This flat/maisonette leasehold property on Watney Street last sold in October 2023 for £380,000. Based on price growth in the E1 district since then, its estimated current value is £336,589 — placing it in the 57th percentile nationally and the 23rd percentile within E1. The property covers 59 m² (635 sq ft), giving an estimated value of £5,705 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    635 sq ft

    59 m²

    Last Sale Price

    £380,000

    Oct 2023

    Estimated Valuation

    £336,589

    Est. £/sq ft

    £530/sq ft

    £5,705/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area635 sq ft (59 m²)
    EPC dateFeb 2015
    WallsSystem built, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Oct 2023

    £380,000

    22 Mar 2018

    £138,250

    Key Metrics

    Estimated valuation£336,589
    Value per sq ft / m²£530/sq ft (£5,705/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    E1 district percentile23rd percentile
    National percentile57th 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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