2 Mears Close, London, E1
PU

2 Mears Close, London, E1

By Purplebricks

£ 600,000

Reviews

4 out of 5 stars

Purplebricks says ..

Visit PURPLEBRICKS.CO.UK anytime 24/7 to make arrangements to view! Purplebricks take great pleasure in being chosen to exclusively market this exquisite two double bedroom ground floor modern apartment. Forming part of this highly renowned modern gated community situated on the fringes of the ...

Property Oracle says ..

The property at 2 Mears Close, London, E1 is a 2-bedroom, 1-bathroom flat with a total area of 443.60 sqft and a plot size of 570 sqft. The list price is £600,000.

The property benefits from a private, well-maintained garden, which is a significant advantage in a densely populated area like Whitechapel. The garden is well-designed and provides a pleasant outdoor space. This contributes positively to the overall appeal and value of the property. The images show a modern, well-presented interior. The property appears to be in excellent condition, with modern fixtures and fittings. The kitchen and bathroom are contemporary and clean.

The location in Whitechapel, London, E1, places the property within easy reach of Whitechapel Underground station (0.64km), offering convenient access to central London. The presence of several schools nearby, including Kobi Nazrul Primary School (0.05km) and London East Academy (0.18km), is a positive factor for families. However, it’s important to note that the Ofsted rating of London Enterprise Academy (0.14km) is listed as “Special Measures,” which might be a concern for some prospective buyers.

Considering the average price of £646,192 and average price per sqft of £903.00 in the area, the list price of £600,000 for this 443.60 sqft property appears to be relatively reasonable, especially given its excellent condition and private garden. However, the lack of sqft data for comparable properties makes a precise price comparison challenging. The property’s features and condition suggest it could potentially command a higher price per sqft than the area average.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
9
Location
8
Land
10
Bedrooms
2
Bathrooms
1
Sqft (est)
443.60
Lot (est)
570.00

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
655,000.00 £
Decreased by 0.12 %
from 655,755.00 £
Est sale value
435,615.20 £
Increased by 37.73 %
from 316,286.80 £
Average area rental value
2,992.00 £/mo
Increased by 16.06 %
from 2,578.00 £/mo
Est letting value
1,774.40 £/mo
Increased by 100.00 %
from 887.20 £/mo
Est rental Yield
5.48 %
Increased by 16.10 %
from 4.72 %
Crime Rate
7.00 %
Unchanged by 0.00 %
from 7.00 %

Agent Activity

  • Purplebricks created the listing.

Nearby Schools

NameTypeOfstedDistance
Kobi Nazrul Primary SchoolCommunity SchoolGood0.05 KM
London Enterprise AcademyFree SchoolsSpecial Measures0.14 KM
Al-Mizan SchoolOther Independent SchoolGood0.18 KM
London East AcademyOther Independent SchoolGood0.18 KM
Madani Secondary Girls' SchoolOther Independent SchoolGood0.21 KM

Images

Front Garden Front Garden Lounge/Dining Room Lounge/Dining Room Kitchen Lounge/Dining Room Hallway Bathroom Front Garden Front Garden Bedroom One Bedroom One Bedroom Two Bedroom Two Street Scene

Nearby Streets

NameAverage PriceAverage SqftDistance
Fieldgate Street £ 000.00 KM
Adler Street £ 000.00 KM
Spring Walk £ 750,00000.00 KM
Golding Street £ 000.00 KM
Syed Ashraf Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Whitechapel4935ZLW0.64 KM
Bethnal Green Rail6961BET1.01 KM
Shadwell1082SDE1.02 KM
Shoreditch High Street1024SDC1.42 KM
Wapping1085WPE1.64 KM

Nearby Listings

AddressPriceTypeScoreDistance
2 Mears Close, London, E1 £ 600,000BUY8 / 100.00 KM
Mears Close, Whitechapel £ 550,000BUY6 / 100.04 KM
Mears Close, London, E1 £ 550,000BUY7 / 100.04 KM
Mears Close, London, E1 £ 525,000BUY6 / 100.04 KM
Mears Close, Aldgate, London, E1 £ 450,000BUY6 / 100.05 KM

Nearby Properties

AddressPriceDistance
64b Settles Street £ 105,0000.04 KM
64 Settles Street £ 240,0000.04 KM
64a Settles Street £ 330,0000.04 KM
44 Settles Street £ 250,0000.04 KM
64c Settles Street £ 235,0000.04 KM