Flat 407 Lexington Building Fairfield Road

    FLAT 407 LEXINGTON BUILDING, FAIRFIELD ROAD, LONDON, E3 2UF

    This flat/maisonette leasehold property on Fairfield Road last sold in June 2021 for £302,000. Based on price growth in the E3 district since then, its estimated current value is £295,720 — placing it in the 48th percentile nationally and the 9th percentile within E3. The property covers 44 m² (474 sq ft), giving an estimated value of £6,721 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    474 sq ft

    44 m²

    Last Sale Price

    £302,000

    Jun 2021

    Estimated Valuation

    £295,720

    Est. £/sq ft

    £624/sq ft

    £6,721/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms1
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area474 sq ft (44 m²)
    EPC dateMar 2020
    WallsSolid brick, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    30 Jun 2021

    £302,000

    12 Mar 2008

    £269,000

    22 Sept 2006

    £200,000

    14 Feb 2003

    £175,000

    26 Jan 2001

    £131,500

    16 Jul 1998

    £77,500

    Key Metrics

    Estimated valuation£295,720
    Value per sq ft / m²£624/sq ft (£6,721/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    E3 district percentile9th percentile
    National percentile48th percentile

    District Context — E3

    E3 covers parts of East London, sitting within the inner-city E postcode area. It is a densely populated, diverse neighbourhood with a strong rental market and a young, professional demographic.

    Average Property Price - E3

    £515,474

    82

    National percentile

    Average Net Household Income - E3

    £51,566

    91

    National percentile

    10-Year Annualised Price Growth - E3

    2.2%

    12

    National percentile

    10-Year Annualised Rent Growth - E

    3.3%

    19

    National percentile

    View full analysis for E3

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