Mercatus Court, E3
W J Meade logo

Mercatus Court, E3

By W J Meade

£ 450,000

Reviews

3 out of 5 stars

W J Meade says ..

WJ Meade are pleased to offer this two bedroom period conversion apartment, part of the bespoke Empire Mews development. Situated on the first floor, configured with an open plan kitchen with granite work tops, reception room with impressive high ceilings and a luxury bathroom suite. Ideally posi...

Property Oracle says ..

This property is a 2-bedroom, 1-bathroom flat located in the Bow East area of Tower Hamlets, London. The flat is situated on Roman Road and benefits from being close to several schools, including Mulberry UTC (rated Good by Ofsted) and Malmesbury Primary School (also rated Good). Transport links are also convenient, with several Overground and rail stations within a reasonable distance. The property itself appears modern and well-maintained, based on the provided images. It has a contemporary design and is presented in excellent condition. The lack of outdoor space is a notable drawback, as the plot size is listed as 0.00 sqft. Compared to the average price per sqft in the area (£664), the list price of £450,000 for 606 sqft seems slightly above average, but considering the modern condition and convenient location, it may still represent reasonable value. Nearby comparable properties show a range of prices, with some flats selling for significantly less and others considerably more. More information on the specific features and amenities of the property would help to further refine the price assessment.

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
8
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
606.01

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
501,607.00 £
Increased by 8.54 %
from 462,133.00 £
Est sale value
452,083.46 £
Increased by 29.97 %
from 347,849.74 £
Average area rental value
2,290.00 £/mo
Decreased by 0.87 %
from 2,310.00 £/mo
Est letting value
1,818.03 £/mo
Increased by 50.00 %
from 1,212.02 £/mo
Est rental Yield
5.48 %
Decreased by 8.67 %
from 6.00 %
Crime Rate
10.00 %
Unchanged by 0.00 %
from 10.00 %

Agent Activity

  • W J Meade created the listing.

Nearby Schools

NameTypeOfstedDistance
Mulberry UtcUniversity Technical CollegeGood0.18 KM
Overland Children'S CentreChildren's Centre0.21 KM
Old Ford Primary - A Paradigm AcademyAcademy Converter0.44 KM
Malmesbury Primary SchoolCommunity SchoolGood0.64 KM
Phoenix Autism TrustSpecial Post 16 Institution0.64 KM

Images

Main Bedroom One Bedroom Two Bathroom Open Plan Kitchen/reception Reception Exterior Kitchen/Dining Area

Nearby Streets

NameAverage PriceAverage SqftDistance
Ewart Place £ 280,00000.00 KM
Alma Terrace £ 000.00 KM
Balmer Road £ 000.00 KM
Allen Road £ 000.00 KM
Redwood Close £ 350,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Hackney Wick6978HKW1.17 KM
Homerton6979HMN2.19 KM
Stratford International7222SFA2.48 KM
Limehouse7491LHS2.66 KM
Stratford6969SRA2.89 KM

Nearby Listings

AddressPriceTypeScoreDistance
Hewison Street, London, E3 £ 295,000BUYUnknown0.01 KM
Hewison Street, Bow £ 425,000BUY6 / 100.08 KM
Cardigan Rd, London E3 £ 415,000BUY6 / 100.09 KM
Cardigan Road, Bow, London, E3 £ 1,000,000BUY8 / 100.10 KM
Guide Price £325,000 - £350,000 Hewison Street, London, E3 £ 325,000BUY6 / 100.12 KM

Nearby Properties

AddressPriceDistance
614 Roman Road £ 132,5000.08 KM
614a - 614b Roman Road £ 250,0000.08 KM
36a Cardigan Road £ 242,0000.08 KM
38 Cardigan Road £ 175,0000.08 KM
42 Cardigan Road £ 138,0000.08 KM