Flat 7 249 Hermit Road

    FLAT 7 249, HERMIT ROAD, LONDON, E16 4LA

    This flat/maisonette leasehold property on Hermit Road last sold in June 2020 for £345,000. Based on price growth in the E16 district since then, its estimated current value is £345,236 — placing it in the 58th percentile nationally and the 19th percentile within E16. The property covers 63 m² (678 sq ft), giving an estimated value of £5,480 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    678 sq ft

    63 m²

    Last Sale Price

    £345,000

    Jun 2020

    Estimated Valuation

    £345,236

    Est. £/sq ft

    £509/sq ft

    £5,480/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area678 sq ft (63 m²)
    EPC dateAug 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    12 Jun 2020

    £345,000

    Key Metrics

    Estimated valuation£345,236
    Value per sq ft / m²£509/sq ft (£5,480/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    E16 district percentile19th percentile
    National percentile58th percentile

    District Context — E16

    E16 covers Canning Town, Custom House, and the wider docklands area of east London. It is a rapidly transforming neighbourhood with significant new residential development, appealing particularly to younger professionals and families seeking proximity to central London.

    Average Property Price - E16

    £477,152

    78

    National percentile

    Average Net Household Income - E16

    £35,151

    32

    National percentile

    10-Year Annualised Price Growth - E16

    3.3%

    38

    National percentile

    10-Year Annualised Rent Growth - E

    3.3%

    19

    National percentile

    View full analysis for E16

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