Flat 106 Shaft Apartments, 12 Richard Tress Way

    FLAT 106 SHAFT APARTMENTS, 12, RICHARD TRESS WAY, LONDON, E3 4SN

    This flat/maisonette leasehold property on Richard Tress Way last sold in August 2019 for £600,000. Based on price growth in the E3 district since then, its estimated current value is £593,263 — placing it in the 85th percentile nationally and the 80th percentile within E3. The property covers 78 m² (840 sq ft), giving an estimated value of £7,606 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    840 sq ft

    78 m²

    Last Sale Price

    £600,000

    Aug 2019

    Estimated Valuation

    £593,263

    Est. £/sq ft

    £707/sq ft

    £7,606/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction age2018
    Habitable roomsNot available
    Main fuelNot available
    EPC currentC
    EPC potentialC
    Floor area840 sq ft (78 m²)
    EPC dateJun 2019
    WallsAverage thermal transmittance 0.30 W/m²K
    HeatingCommunity scheme

    Transaction History

    12 Aug 2019

    New build

    £600,000

    Key Metrics

    Estimated valuation£593,263
    Value per sq ft / m²£707/sq ft (£7,606/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    E3 district percentile80th percentile
    National percentile85th 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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