Flat G03 Shaft Apartments, 12 Richard Tress Way

    FLAT G03 SHAFT APARTMENTS, 12, RICHARD TRESS WAY, LONDON, E3 4SN

    This flat/maisonette leasehold property on Richard Tress Way last sold in November 2022 for £452,500. Based on price growth in the E3 district since then, its estimated current value is £452,485 — placing it in the 74th percentile nationally and the 52nd percentile within E3. The property covers 50 m² (538 sq ft), giving an estimated value of £9,050 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    538 sq ft

    50 m²

    Last Sale Price

    £452,500

    Nov 2022

    Estimated Valuation

    £452,485

    Est. £/sq ft

    £841/sq ft

    £9,050/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction age2018
    Habitable roomsNot available
    Main fuelNot available
    EPC currentC
    EPC potentialC
    Floor area538 sq ft (50 m²)
    EPC dateJun 2019
    WallsAverage thermal transmittance 0.29 W/m²K
    HeatingCommunity scheme

    Transaction History

    18 Nov 2022

    £452,500

    19 Sept 2019

    New build

    £450,000

    Key Metrics

    Estimated valuation£452,485
    Value per sq ft / m²£841/sq ft (£9,050/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    E3 district percentile52nd percentile
    National percentile74th 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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