Hanover Place, Mile End, E3
W J Meade logo

Hanover Place, Mile End, E3

By W J Meade

£ 540,000

Reviews

3 out of 5 stars

W J Meade says ..

WJ Meade are pleased to present this spacious two bedroom apartment on the third floor of a private, gated development, ideally situated for Mile End underground station. Configured across (900) sq ft with an impressive open plan kitchen/ reception room extending to over 26 ft with adjoining sout...

Property Oracle says ..

Mile End is a vibrant and up-and-coming area in East London. The property’s proximity to excellent schools like Beatrice Tate School (Outstanding Ofsted rating) and Malmesbury Primary School (Good Ofsted rating), both within a short distance, is a significant advantage for families. Furthermore, the area boasts good transport links, with several Overground and National Rail stations within a reasonable distance, providing easy access to central London and beyond. This makes the location highly desirable. Based on the provided images, the property appears to be in excellent condition. The interior is modern, well-maintained, and tastefully decorated. The kitchen and bathrooms are contemporary and updated, showing no signs of wear or needing renovation. The overall impression is one of a well-cared-for and move-in-ready property. The property is a flat and therefore does not include a private garden. However, the images show a private balcony/patio area which offers some outdoor space. The list price of £540,000 for an 870 sqft flat in Mile End is slightly above the average price per sqft for the area (£457). However, considering the property’s modern condition, excellent location, and the relatively small plot size, the price appears to be within a reasonable range. Nearby comparable properties on Hanover Place support this assessment, with prices ranging from £267,000 to £460,000. The higher price may reflect the property’s superior condition and the desirable amenities.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
9
Location
9
Land
2
Bedrooms
2
Bathrooms
2
Sqft (est)
870.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
478,379.00 £
Increased by 16.22 %
from 411,629.00 £
Est sale value
537,660.00 £
Increased by 35.23 %
from 397,590.00 £
Average area rental value
2,016.00 £/mo
Increased by 5.00 %
from 1,920.00 £/mo
Est letting value
1,740.00 £/mo
Unchanged by 0.00 %
from 1,740.00 £/mo
Est rental Yield
5.06 %
Decreased by 9.64 %
from 5.60 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • W J Meade created the listing.

Nearby Schools

NameTypeOfstedDistance
Beatrice Tate SchoolCommunity Special SchoolOutstanding0.21 KM
Malmesbury Primary SchoolCommunity SchoolGood0.27 KM
Central Foundation Girls' SchoolVoluntary Aided SchoolGood0.28 KM
Phoenix Autism TrustSpecial Post 16 Institution0.44 KM
Phoenix SchoolCommunity Special SchoolOutstanding0.46 KM

Images

Reception Kitchen/Diner Reception Open plan Kitchen/reception Open plan kitchen/Reception Kitchen Kitchen/diner Balcony Views of Canary Wharf Balcony Hallway Entrance hallway Master Bedroom Master Bedroom to En-suite En-Suite Second Bedroom Bathroom Bathroom Exterior Gated Entrance Gated Entrance

Nearby Streets

NameAverage PriceAverage SqftDistance
Coborn Mews £ 000.00 KM
Nailsea Square £ 000.00 KM
Cantrell Road £ 600,00000.00 KM
Maplin Street £ 000.00 KM
Malmesbury Road £ 475,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Limehouse7491LHS1.79 KM
Hackney Wick6978HKW2.07 KM
Homerton6979HMN2.73 KM
Cambridge Heath6962CBH3.06 KM
Stratford International7222SFA3.20 KM

Nearby Listings

AddressPriceTypeScoreDistance
Hanover Place, Mile End, E3 £ 540,000BUY6 / 100.00 KM
Hanover Place, Mile End, E3 £ 495,000BUY6 / 100.01 KM
Hanover Place, London, E3 £ 300,000BUY5 / 100.02 KM
St Clements, Mile End, E3 £ 600,000BUY6 / 100.04 KM
Richard Trees Way, E3, Mile End, E3 £ 400,000BUYUnknown0.04 KM

Nearby Properties

AddressPriceDistance
3 Hanover Place £ 355,0000.08 KM
21 Hanover Place £ 144,9950.08 KM
20 Hanover Place £ 525,0000.08 KM
6 Hanover Place £ 150,0000.08 KM
14 Hanover Place £ 320,0000.08 KM