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Property details for 2 Principal Square, London E9 6AD

Historic details available for this property Flat, Leasehold, 2 Beds, 1 Bath, 1 Recep - Edit
Zoopla Estimate: £600,000

Value data/graphs

Estimate feedback

  • Zoopla Estimate

    £600,000
    Refine estimate

  • Value change
    2,650 (0.4%) 26,700 (-4.3%) 1,750 (0.3%) 85,700 (16.7%) 148,350 (32.8%) 211,150 (54.3%) 238,600 (66.0%)  
    from 
  • Rental value
    £2,250 pcm
  • Confidence level
    85
  • Value range
    £562,000 - £638,000
  • Rental range
    £2,050 - £2,500 pcm

Monthly running costs Beta

£1,556 Monthly total
Remortgage
Property value
Loan amount (60%) 360,000
Repayment term 25
Interest rate 0.5
Your payment £1,276 /mo Find remortgage deals In partnership with uSwitch
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.

Home Insurance Rebuild value up to £1,000,000 Contents value up to £75,000 Average insurance cost £18/mo (£222/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy Gas £37 Electricity £41 Estimated energy cost £78/mo (£936/yr)

Reduce your energy costs by up to £158/year

  • You could save £158/yr
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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 /mo
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 /mo
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 £600,000. Principal Square has 12 flats on it with a average current value of £549,723, compared to an average property value of £525,366 for E9. There are currently 136 properties for sale in E9 with an average asking price of £615,152 and 256 properties to rent in E9 with an average asking rent of £463 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...

Back to Principal Square results

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Market activity
Average price paid £559,102 Sales 274 Current average value £525,366 (Zoopla Zed-Index) Value change £7,878 ▲ 1.52%

What is the current average value of properties in E9?

The current average value in E9 in January 2017 is £525,366. This has increased 0.64% from October 2016. Terraced properties sold for a current average value of £726,640 and semi-detached properties valued £887,161. In the past year property prices in E9 have increased 1.52%. This is according to the current Zoopla estimates.

Property value data/graphs for E9

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £1,043,951 £633 3.2 £1,300,000
Semi-detached £887,161 £746 3.4 £867,000
Terraced £726,640 £691 3.1 £860,390
Flats £415,608 £623 2.0 £470,912

Current asking prices in E9

Average: £618,550
Avg. current asking prices in E9
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £370,000
(2)
£729,000
(5)
£788,750
(12)
£1,060,356
(14)
£1,916,667
(3)
Flats £360,840
(26)
£527,602
(48)
£564,598
(20)
£486,250
(4)
-
All £361,494
(28)
£546,602
(53)
£648,655
(32)
£932,777
(18)
£1,916,667
(3)

Current asking rents in E9

Average: £1,645 pcm
Avg. current asking prices in E9
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £732 pcm
(11)
£1,842 pcm
(9)
£2,205 pcm
(12)
£3,107 pcm
(8)
£3,012 pcm
(1)
Flats £1,274 pcm
(78)
£1,748 pcm
(74)
£2,044 pcm
(31)
- -
All £1,207 pcm
(89)
£1,758 pcm
(83)
£2,089 pcm
(43)
£3,107 pcm
(8)
£3,012 pcm
(1)

Fun facts for E9

Highest value in E9
Highest value streets Zed-Index
Groombridge Road £1,556,083
Meynell Crescent £1,416,431
Meynell Road £1,309,828
Sharon Gardens £1,014,377
St. John's Church Road £1,008,261
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%

What Zoopla users think of E9

Overall rating:

  • currently 4 stars
Very good - 82% (89 ratings)

Ratings breakdown:

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Local info for Hackney

About the neighbours in E9

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