Flat 105 Hemp Apartments, 70 Richard Tress Way

    FLAT 105 HEMP APARTMENTS, 70, RICHARD TRESS WAY, LONDON, E3 4SN

    This flat/maisonette leasehold property on Richard Tress Way last sold in December 2017 for £520,000. Based on price growth in the E3 district since then, its estimated current value is £539,998 — placing it in the 82nd percentile nationally and the 71st percentile within E3. The property covers 58 m² (624 sq ft), giving an estimated value of £9,310 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £520,000

    Dec 2017

    Estimated Valuation

    £539,998

    Est. £/sq ft

    £865/sq ft

    £9,310/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction age2015
    Habitable roomsNot available
    Main fuelNot available
    EPC currentC
    EPC potentialC
    Floor area624 sq ft (58 m²)
    EPC dateNov 2017
    WallsAverage thermal transmittance 0.30 W/m²K
    HeatingCommunity scheme

    Transaction History

    20 Dec 2017

    New build

    £520,000

    Key Metrics

    Estimated valuation£539,998
    Value per sq ft / m²£865/sq ft (£9,310/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    E3 district percentile71st percentile
    National percentile82nd 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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