Flat 21 Verity House Merchant Street

    FLAT 21 VERITY HOUSE, MERCHANT STREET, LONDON, E3 4LR

    This flat/maisonette leasehold property on Merchant Street last sold in March 2016 for £240,000. Based on price growth in the E3 district since then, its estimated current value is £246,722 — placing it in the 37th percentile nationally and the 4th percentile within E3. The property covers 80 m² (861 sq ft), giving an estimated value of £3,084 per m². The EPC rating is D, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    861 sq ft

    80 m²

    Last Sale Price

    £240,000

    Mar 2016

    Estimated Valuation

    £246,722

    Est. £/sq ft

    £287/sq ft

    £3,084/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialD
    Floor area861 sq ft (80 m²)
    EPC dateFeb 2016
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Mar 2016

    £240,000

    13 Oct 2003

    £120,000

    Key Metrics

    Estimated valuation£246,722
    Value per sq ft / m²£287/sq ft (£3,084/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    E3 district percentile4th percentile
    National percentile37th 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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