Flat 2 Armoury House, 7 Gunmakers Lane

    FLAT 2 ARMOURY HOUSE, 7, GUNMAKERS LANE, LONDON, E3 5QA

    This flat/maisonette leasehold property on Gunmakers Lane last sold in February 2020 for £500,000. Based on price growth in the E3 district since then, its estimated current value is £480,078 — placing it in the 77th percentile nationally and the 59th percentile within E3. The property covers 72 m² (775 sq ft), giving an estimated value of £6,668 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    775 sq ft

    72 m²

    Last Sale Price

    £500,000

    Feb 2020

    Estimated Valuation

    £480,078

    Est. £/sq ft

    £619/sq ft

    £6,668/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area775 sq ft (72 m²)
    EPC dateFeb 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Feb 2020

    £500,000

    18 Jul 2014

    £450,000

    16 Sept 2011

    £305,000

    28 Oct 2003

    New build

    £184,450

    Key Metrics

    Estimated valuation£480,078
    Value per sq ft / m²£619/sq ft (£6,668/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    E3 district percentile59th percentile
    National percentile77th 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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