Property details for 2 Principal Square, London E9 6AD

Historic details available for this property Flat, Leasehold, 2 Beds, 1 Bath, 1 Recept - Edit
Zoopla Estimate: £614,000

Value data/graphs

Estimate feedback

  • Zoopla Estimate

    £614,000
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  • Value change
    2,150 (0.3%) 14,550 (2.4%) 64,450 (11.7%) 99,350 (19.3%) 196,850 (47.2%) 233,550 (61.3%) 254,700 (70.9%)  
    from 
  • Rental value
    £2,400 pcm
  • Confidence level
    86
  • Value range
    £576,000 - £652,000
  • Rental range
    £2,150 - £2,600 pcm

Monthly running costs Beta

£1,545 Monthly total
Remortgage
Property value
Loan amount (60%) 368,400
Repayment term 25
Interest rate 0.5
Your payment £1,306 /month Find remortgage deals In partnership with
Remortgage costs explained

The initial estimated monthly remortgage payment is calculated using a loan to value of 60% of the current value of a property, a term of 25 years, and a representative interest rate.

It is important to note that the mortgage repayments figure shown is only intended as a guide.

Ensure mortgage lenders are consulted to obtain an accurate quote. We do not accept any responsibility for any inaccuracies or errors in this regard.

Energy Gas £25 Electricity £30 Estimated energy cost £55 /month Find energy deals In partnership with
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 9500 kWh/year
Electricity: 2800 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Hackney

Estimated tax band E Council tax cost £158 /month
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water Supply £13 Sewerage £13 Estimated water cost £26 /month
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Public info

Property type: Flat | Tenure: Leasehold | Last sale: £330,000 | Sale date: 2nd Oct 2009

This 2 bed leasehold flat is located at 2 Principal Square, London E9 6AD and has an estimated current value of £614,000. Principal Square has 12 flats on it with a average current value of £562,383, compared to an average property value of £533,657 for E9. There has been 1 property sale on Principal Square, E9 over the last 5 years with an average house price paid of £239,000 and this flat was last sold on 2nd Oct 2009 for £330,000. There are currently 128 properties for sale in E9 with an average asking price of £598,833 and 273 properties to rent in E9 with an average asking rent of £527 pw.

Property history

Property history Principal Square, London E9

Previously listed for rent on 6th Feb 2014 for £3,445 pcm

2 bed flat

Property history of 2 Principal Square, London E9 6AD

Located in its own private grounds in the Homerton area, this beautiful ground floor warehouse conversion is available to let for between 3-6 months. (contd...)

Owner info

As the owner of a home, you may claim it on Zoopla to edit your home facts, set a TemptMe Price and more...

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Market activity
Average price paid £542,125 Sales 274 Current average value £533,657 (Zoopla Zed-Index) Value change £41,006 ▲ 8.32%

Property value data/graphs for E9

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £1,074,880 £652 3.2 £820,000
Semi-detached £922,766 £779 3.4 £880,375
Terraced £728,927 £688 3.1 £865,940
Flats £424,144 £638 2.0 £443,140

Current asking prices in E9

Average: £602,584
Avg. current asking prices in E9
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £399,995
(1)
£644,999
(8)
£808,214
(14)
£823,784
(14)
£1,133,750
(4)
Flats £407,035
(27)
£544,535
(37)
£558,745
(20)
£535,000
(2)
-
All £406,784
(28)
£562,395
(45)
£661,467
(34)
£787,686
(16)
£1,133,750
(4)

Current asking rents in E9

Average: £1,953 pcm
Avg. current asking prices in E9
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £2,064 pcm
(3)
£1,665 pcm
(11)
£2,616 pcm
(10)
£5,925 pcm
(10)
£2,849 pcm
(2)
Flats £1,363 pcm
(72)
£1,782 pcm
(80)
£2,275 pcm
(53)
£2,224 pcm
(4)
£2,990 pcm
(1)
All £1,391 pcm
(75)
£1,768 pcm
(91)
£2,329 pcm
(63)
£4,868 pcm
(14)
£2,896 pcm
(3)

Fun facts for E9

Highest value in E9
Highest value streets Zed-Index
Groombridge Road £1,517,889
Meynell Crescent £1,435,084
Edenbridge Road £1,396,131
Meynell Road £1,326,131
Sharon Gardens £1,039,795
Highest turnover in E9
Highest turnover streets Turnover
Wetherell Road 50.0%
Pickering Close 43.8%
Earlston Grove 42.9%
Alpine Grove 33.3%
Trowbridge Road 30.8%

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Very good - 82% (81 ratings)

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