2 Michael Close

    2, MICHAEL CLOSE, LONDON, E3 4GG

    This terraced freehold property on Michael Close last sold in June 2013 for £325,000. Based on price growth in the E3 district since then, its estimated current value is £558,703 — placing it in the 83rd percentile nationally and the 74th percentile within E3. The property covers 58 m² (624 sq ft), giving an estimated value of £9,633 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £325,000

    Jun 2013

    Estimated Valuation

    £558,703

    Est. £/sq ft

    £895/sq ft

    £9,633/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialB
    Floor area624 sq ft (58 m²)
    EPC dateDec 2025
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    28 Jun 2013

    New build

    £325,000

    Key Metrics

    Estimated valuation£558,703
    Value per sq ft / m²£895/sq ft (£9,633/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    E3 district percentile74th percentile
    National percentile83rd 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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