Flat 4 Portunus Building, 6 Gernon Road

    FLAT 4 PORTUNUS BUILDING, 6, GERNON ROAD, LONDON, E3 5FG

    This flat/maisonette leasehold property on Gernon Road last sold in June 2021 for £500,000. Based on price growth in the E3 district since then, its estimated current value is £489,603 — placing it in the 78th percentile nationally and the 61st percentile within E3. The property covers 70 m² (753 sq ft), giving an estimated value of £6,994 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    753 sq ft

    70 m²

    Last Sale Price

    £500,000

    Jun 2021

    Estimated Valuation

    £489,603

    Est. £/sq ft

    £650/sq ft

    £6,994/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area753 sq ft (70 m²)
    EPC dateApr 2012
    WallsTimber frame, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 Jun 2021

    £500,000

    17 Dec 2013

    £385,000

    Key Metrics

    Estimated valuation£489,603
    Value per sq ft / m²£650/sq ft (£6,994/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    E3 district percentile61st percentile
    National percentile78th 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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