Magellan House Ernest StreetHouse Prices / London, Tower Hamlets, Ernest Street, E1 4QZ
Key Building Insights
Magellan House Ernest Street is a residential building situated on Ernest Street, London, E1 with 24 addresses.
It ranks as the 1917th largest and 405th most expensive of the 2,320 buildings in the E1 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The building contains a total of 24 properties: 24 flats.
- Flats
Key Building Insights
Magellan House Ernest Street is a residential building situated on Ernest Street, London, E1 with 24 addresses.
It ranks as the 1917th largest and 405th most expensive of the 2,320 buildings in the E1 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The building contains a total of 24 properties: 24 flats.
- Flats
House Pricesin Magellan House Ernest Street
Sale prices range from £294,362 for 2 bedroom leasehold flats (677 ft2) to £390,650 for 2 bedroom leasehold flats (699 ft2) .
Monthly rental prices range from £1,784 pcm for 2 bed flats to £2,355 pcm for 2 bed flats.
The gross rental yield is between 7.1% and 7.3%.
The average value per square foot is £416.
Sales Market Trendsin Magellan House Ernest Street
The last sale in Magellan House Ernest Street sold for £375,000 on 25th June 2020. Since then prices are up an average of 32.5%.
The current average value in the building is £316,851.
The Magellan House Ernest Street Sales Market has decreased by 7.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -2.8% | £316,851 |
| May 2025 | 1.3% | £325,972 |
| May 2024 | -0.6% | £321,847 |
| May 2023 | -1.9% | £323,681 |
| May 2022 | 2.8% | £329,791 |
| May 2021 | -3.6% | £320,725 |
| May 2020 | 3.2% | £332,828 |
| May 2019 | -2.8% | £322,361 |
| May 2018 | -3.5% | £331,812 |
| May 2017 | 0.5% | £344,003 |
| May 2016 | 8.9% | £342,268 |
| May 2015 | 11.5% | £314,297 |
| May 2014 | 21.5% | £281,756 |
| May 2013 | 5.5% | £231,858 |
| May 2012 | 5.3% | £219,802 |
| May 2011 | 2.3% | £208,708 |
| May 2010 | 7.8% | £203,942 |
| May 2009 | -13.5% | £189,216 |
| May 2008 | 9.4% | £218,811 |
| May 2007 | 0% | £200,023 |
Rental Market Trendsin Magellan House Ernest Street
The current average rental value in the building is £1,892.
The Magellan House Ernest Street Rental Market has increased by 37.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 5.2% | £1,892pcm |
| May 2025 | 2.4% | £1,798pcm |
| May 2024 | 4.1% | £1,755pcm |
| May 2023 | 15.1% | £1,685pcm |
| May 2022 | 16.7% | £1,465pcm |
| May 2021 | -9.2% | £1,255pcm |
| May 2020 | 2.1% | £1,382pcm |
| May 2019 | 1.7% | £1,354pcm |
| May 2018 | -1.6% | £1,331pcm |
| May 2017 | -1.9% | £1,353pcm |
| May 2016 | 2% | £1,379pcm |
| May 2015 | 5.2% | £1,352pcm |
| May 2014 | 3.7% | £1,284pcm |
| May 2013 | -2.2% | £1,239pcm |
| May 2012 | 7.9% | £1,266pcm |
| May 2011 | 10.5% | £1,173pcm |
| May 2010 | 3.8% | £1,062pcm |
| May 2009 | -11.6% | £1,022pcm |
| May 2008 | 12.5% | £1,156pcm |
| May 2007 | 0% | £1,027pcm |
Explore Propertiesin Magellan House, Ernest Street, London, E1 4QZ
- Flat 1, Magellan House, Ernest Street, London, E1 4QZ
- Flat 2, Magellan House, Ernest Street, London, E1 4QZ2 bed mid-century flat
- Flat 3, Magellan House, Ernest Street, London, E1 4QZ2 bed mid-century flat
- Flat 4, Magellan House, Ernest Street, London, E1 4QZ2 bed mid-century flat
- Flat 5, Magellan House, Ernest Street, London, E1 4QZ
- Flat 6, Magellan House, Ernest Street, London, E1 4QZ2 bed mid-century flat
- Flat 7, Magellan House, Ernest Street, London, E1 4QZ2 bed mid-century flat
- Flat 8, Magellan House, Ernest Street, London, E1 4QZ
- Flat 9, Magellan House, Ernest Street, London, E1 4QZ
- Flat 10, Magellan House, Ernest Street, London, E1 4QZ
- Flat 11, Magellan House, Ernest Street, London, E1 4QZ
- Flat 12, Magellan House, Ernest Street, London, E1 4QZ
- Flat 13, Magellan House, Ernest Street, London, E1 4QZ2 bed mid-century flat
- Flat 14, Magellan House, Ernest Street, London, E1 4QZ
- Flat 15, Magellan House, Ernest Street, London, E1 4QZ2 bed mid-century flat
- Flat 16, Magellan House, Ernest Street, London, E1 4QZ
- Flat 17, Magellan House, Ernest Street, London, E1 4QZ2 bed mid-century flat
- Flat 18, Magellan House, Ernest Street, London, E1 4QZ2 bed mid-century flat
- Flat 19, Magellan House, Ernest Street, London, E1 4QZ
- Flat 20, Magellan House, Ernest Street, London, E1 4QZ2 bed mid-century flat
- Flat 21, Magellan House, Ernest Street, London, E1 4QZ
- Flat 22, Magellan House, Ernest Street, London, E1 4QZ2 bed mid-century flat
- Flat 23, Magellan House, Ernest Street, London, E1 4QZ2 bed mid-century flat
- Flat 1A, Magellan House, Ernest Street, London, E1 4QZ
Sales Historyin Magellan House, Ernest Street, London, E1 4QZ
The last sale was on 25th June 2020 for £375,000 and since then the market in the area has increased by 32.5%. The building has had a total of 7 sales since 1995.
Magellan House, Ernest Street, London, E1 4QZ has seen no sales in the last three years and no sales in the last twelve months.
Property Typesin Magellan House Ernest Street
- 12 mid-century flats built between 1936 and 1979
- 12 other addresses of unknown type
- mid-century flat (12)
- Unknown (12)
Energy Efficiencyof properties in Magellan House Ernest Street
- Energy Performance Certificate (EPC) surveys conducted for 12 properties.
- The dominant rating is C.
- A (0)
- E (0)
- B (1)
- F (0)
- C (9)
- G (0)
- D (2)
- No EPC (12)
Top 3 Most Expensive Saleson Ernest Street, London, E1
Schools Nearby
- 300mBen Jonson Primary School
- 400mSolebay Primary - A Paradigm Academy
- 600mHalley Primary School
- 400mMulberry Stepney Green Mathematics and Computing College
- 600mStepney All Saints Church of England Secondary School
- 600mMorpeth School
More reading links
Public Transport Nearby
The closest station to Magellan House, Ernest Street, London, E1 4QZ is Stepney Green station, which is 200 metres away.
- 200mStepney Green
- 800mMile End
- 1.0kmBethnal Green
- 1.0kmLimehouse
