Flat 5 Armoury House, 7 Gunmakers Lane

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

    This flat/maisonette leasehold property on Gunmakers Lane last sold in October 2017 for £500,000. Based on price growth in the E3 district since then, its estimated current value is £519,229 — placing it in the 80th percentile nationally and the 67th percentile within E3. The property covers 68 m² (732 sq ft), giving an estimated value of £7,636 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    732 sq ft

    68 m²

    Last Sale Price

    £500,000

    Oct 2017

    Estimated Valuation

    £519,229

    Est. £/sq ft

    £709/sq ft

    £7,636/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area732 sq ft (68 m²)
    EPC dateJun 2017
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 Oct 2017

    £500,000

    19 Oct 2007

    £315,000

    15 Oct 2003

    New build

    £190,960

    Key Metrics

    Estimated valuation£519,229
    Value per sq ft / m²£709/sq ft (£7,636/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    E3 district percentile67th percentile
    National percentile80th 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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