2 Michigan Avenue

    2, MICHIGAN AVENUE, MANOR PARK, LONDON, E12 5JD

    This flat/maisonette leasehold property on Michigan Avenue last sold in June 2016 for £320,000. Based on price growth in the E12 district since then, its estimated current value is £403,691 — placing it in the 68th percentile nationally and the 31st percentile within E12. The property covers 156 m² (1,679 sq ft), giving an estimated value of £2,588 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,679 sq ft

    156 m²

    Last Sale Price

    £320,000

    Jun 2016

    Estimated Valuation

    £403,691

    Est. £/sq ft

    £240/sq ft

    £2,588/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,679 sq ft (156 m²)
    EPC dateMay 2023
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Jun 2016

    £320,000

    24 Sept 1996

    £40,000

    Key Metrics

    Estimated valuation£403,691
    Value per sq ft / m²£240/sq ft (£2,588/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    E12 district percentile31st percentile
    National percentile68th percentile

    District Context — E12

    E12 covers parts of East London, sitting within the wider East postcode area. It is a densely populated, diverse neighbourhood with a significant young family presence and a strong rental market.

    Average Property Price - E12

    £528,858

    83

    National percentile

    Average Net Household Income - E12

    £45,374

    77

    National percentile

    10-Year Annualised Price Growth - E12

    5.5%

    94

    National percentile

    10-Year Annualised Rent Growth - E

    3.3%

    19

    National percentile

    View full analysis for E12

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