Basement Flat 224 Mare Street

    BASEMENT FLAT 224, MARE STREET, LONDON, E8 1HE

    This flat/maisonette leasehold property on Mare Street last sold in September 2012 for £320,000. Based on price growth in the E8 district since then, its estimated current value is £563,893 — placing it in the 84th percentile nationally and the 40th percentile within E8. The property covers 65 m² (700 sq ft), giving an estimated value of £8,675 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    700 sq ft

    65 m²

    Last Sale Price

    £320,000

    Sept 2012

    Estimated Valuation

    £563,893

    Est. £/sq ft

    £806/sq ft

    £8,675/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area700 sq ft (65 m²)
    EPC dateJun 2012
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Sept 2012

    £320,000

    23 Aug 2006

    £249,999

    1 Jul 2003

    £190,000

    Key Metrics

    Estimated valuation£563,893
    Value per sq ft / m²£806/sq ft (£8,675/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    E8 district percentile40th percentile
    National percentile84th percentile

    District Context — E8

    E8 covers central-east London neighbourhoods including Hackney, Clapton, and Homerton, situated north of the City and east of the West End. The area is known as a creative, diverse community with a strong rental market and mixed-tenure housing stock.

    Average Property Price - E8

    £692,701

    93

    National percentile

    Average Net Household Income - E8

    £40,968

    62

    National percentile

    10-Year Annualised Price Growth - E8

    2.4%

    15

    National percentile

    10-Year Annualised Rent Growth - E

    3.3%

    19

    National percentile

    View full analysis for E8

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