129 Newark Street, London, E1 2ET is a leasehold flat built between 2003-2006. The property offers approximately 570 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £498,229 , which equates to approximately £873 per square foot. It was last sold on 4 Jul 2013 for £370,000. Since then, the value has increased by £128,229, representing a 34.7% increase, or approximately 2.7% per year.

The current estimated value of £498,229 is:

  • 30.6% lower than the average property price on Newark Street
  • 22.3% higher than the average in the E1 2ET postcode area
  • and 38.5% lower than the average price for London as a whole

At the most recent EPC inspection on 9 June 2023, the property was recorded as owner-occupied.

View sold house prices in E1 2ET

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
570 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£498,229
Price Per sq ft (estimate)
£873
Bedroom Count (estimate)
1 bedroom

EPC Summary

129 Newark Street, London, Tower Hamlets, Greater London, E1 2ET has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 9 Jun 2023.

This property uses an electric boiler with radiators as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 11 Feb 2013. The rating of D remains the same, but the energy efficiency score improved by 8.1%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from from main system to electric immersion, off-peak, with its energy efficiency improving from very poor to poor.
  • The roof construction or insulation changed from average thermal transmittance 0.16 w/m?k to pitched, 100 mm loft insulation, changing energy efficiency from good to average.
  • The wall construction or insulation changed from average thermal transmittance 0.28 w/m?k to timber frame, as built, insulated (assumed), changing energy efficiency from very good to good.
  • The windows were upgraded from high performance glazing to fully double glazed.
Heating Type
Boiler and radiators, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Roof
Pitched, 100 mm loft insulation
Average
Walls
Timber frame, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E1 2ET

1 st / 16
Price Rank
22% higher than average
3 rd / 7
Size Rank
10% smaller than average
3 rd / 7
Price Per Sq FT Rank
36% higher than average

Sale History

Today
£498,229
streetscan.co.uk estimate
+35 %
4 Jul 2013
£370,000
Leasehold

Flood Risk for this Property

Flood risk from rivers and the sea
Very low flood risk
Flood risk from surface water
Low flood risk
Surface water flood hazard
Low

* Results are based on Environment Agency flood risk mapping for the property UPRN where available. They are indicative and should not be treated as a site-specific flood survey.

Flood risk from rivers and the sea

This property has very low flood risk from rivers and the sea.

River and sea flooding includes flooding caused by overflowing rivers, estuaries, tidal waters and coastal surges.

Flood risk from surface water

This property has low surface water flood risk.

Surface water flooding can happen when heavy rainfall overwhelms drains, roads, gardens or other hard surfaces.

Flood depth indicators

Rivers and Sea
  • 0.2m depth No mapped risk
  • 0.3m depth No mapped risk
  • 0.6m depth No mapped risk
  • 0.9m depth No mapped risk
  • 1.2m depth No mapped risk
Surface Water
  • 0.2m depth No mapped risk
  • 0.3m depth No mapped risk
  • 0.6m depth No mapped risk
  • 0.9m depth No mapped risk
  • 1.2m depth No mapped risk

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 549 sq ft
sale price: £360,000
sale date: 7 Jun 2013
rooms: 3
size: 646 sq ft
sale price: £223,500
sale date: 8 Apr 2009
rooms: 3
size: 646 sq ft
sale price: £159,000
sale date: 16 Jan 2002
rooms: 2
size: 549 sq ft
sale price: £16,250
sale date: 6 May 1998
rooms: 2
size: 527 sq ft
sale price: £365,000
sale date: 6 Oct 2023

Data Sources

The property at 129 Newark Street, London, E1 2ET appears once in HM Land Registry records, with the transaction recorded on 4 Jul 2013. It also has two Energy Performance Certificate (EPC) records, the earliest dating back to 9 Jun 2023. We use this information to estimate the property's characteristics, flood risk profile and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0 .

StreetScan.co.uk is not affiliated with, endorsed by, or associated with HM Land Registry, DESNZ, MHCLG, Defra or the Environment Agency.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure that the information provided on this website is current and accurate. However, no warranties or representations are made regarding its completeness, accuracy, suitability or reliability. Property values, flood risk assessments and other derived information are estimates based on publicly available datasets and should not be relied upon as professional, legal, surveying, environmental, financial or insurance advice. StreetScan.co.uk expressly disclaims all liability for any loss, damage, cost or expense arising directly or indirectly from the use of, or reliance upon, information provided on this website.