1 Falcon Way, London, E14 9UP is a leasehold flat built between 1991-1995. The property offers approximately 592 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £441,247 , which equates to approximately £745 per square foot. It was last sold on 2 Sep 2022 for £496,000. Since then, the value has decreased by £54,753, representing a 11.0% decrease, or approximately 3.4% per year.

The current estimated value of £441,247 is:

  • 11.1% higher than the average property price on Falcon Way
  • 10.6% lower than the average in the E14 9UP postcode area
  • and 49.6% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 18 May 2021, the property was recorded as owner-occupied.

View sold house prices in E14 9UP

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
592 sq ft
Tenure
Leasehold
Price (estimate)
£441,247
Price Per sq ft (estimate)
£745
Bedroom Count (estimate)
1 bedroom

EPC Summary

1 Falcon Way, London, Tower Hamlets, Greater London, E14 9UP has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 18 May 2021.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are mostly double glazed.

The previous EPC assessment was conducted on 16 Jan 2010, when the property was rated D. The current rating of E reflects a decline in energy efficiency of 3.6%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from poor to very poor.
  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The windows were upgraded from fully double glazed to mostly double glazing.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Mostly double glazing
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E14 9UP

31 st / 50
Price Rank
11% lower than average
33 rd / 48
Size Rank
2% smaller than average
33 rd / 48
Price Per Sq FT Rank
9% lower than average

Compared to other properties in E14 9UP , this flat's estimated value ranks 31th out of 50. Based on price per square foot, it ranks 33th out of 48 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 33th out of 48 properties in its postcode area.

Sale History

Today
£441,247
streetscan.co.uk estimate
-11 %
2 Sep 2022
£496,000
Leasehold
+21.9 %
5 May 2017
£407,000
Leasehold
+93.8 %
3 Sep 2004
£210,000
Leasehold
+90.9 %
2 Jul 1999
£110,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 614 sq ft
sale price: £495,000
sale date: 20 Oct 2023
rooms: 2
size: 592 sq ft
sale price: £437,500
sale date: 14 Sep 2023
rooms: 2
size: 592 sq ft
sale price: £410,000
sale date: 9 Jan 2023
rooms: 3
size: 592 sq ft
sale price: £498,000
sale date: 16 Dec 2022
rooms: 2
size: 603 sq ft
sale price: £420,000
sale date: 28 Jun 2021

Data Sources

The property at 1 Falcon Way, London, E14 9UP appears four times in the Land Registry records, with the latest transaction recorded on 2 Sep 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 18 May 2021. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.