16 Gerry Raffles Square, London, E15 1BG is a leasehold flat built between 1996-2002. The property offers approximately 484 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £282,566 , which equates to approximately £583 per square foot. It was last sold on 1 Mar 2023 for £280,000. Since then, the value has increased by £2,566, representing a 0.9% increase, or approximately 0.3% per year.

The current estimated value of £282,566 is:

  • 36.9% lower than the average property price on Gerry Raffles Square
  • 23.8% lower than the average in the E15 1BG postcode area
  • and 67.7% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 6 January 2023, the property was recorded as rented.

View sold house prices in E15 1BG

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
484 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£282,566
Price Per sq ft (estimate)
£583
Bedroom Count (estimate)
1 bedroom

EPC Summary

16 Gerry Raffles Square, London, Newham, Greater London, E15 1BG has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 6 Jan 2023.

This property uses electric room heaters 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 26 Jul 2012, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 11%.

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 average to very poor.
  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to system built, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 40% of fixed outlets to low energy lighting in 50% of fixed outlets, with efficiency improving from average to good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to E15 1BG

43 rd / 64
Price Rank
24% lower than average
25 th / 57
Size Rank
11% bigger than average
51 st / 57
Price Per Sq FT Rank
31% lower than average

Compared to other properties in E15 1BG , this flat's estimated value ranks 43th out of 64. Based on price per square foot, it ranks 51th out of 57 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 25th out of 57 properties in its postcode area.

Sale History

Today
£282,566
streetscan.co.uk estimate
+1 %
1 Mar 2023
£280,000
Leasehold
+64.7 %
30 Mar 2005
£170,000
Leasehold
+57.4 %
15 Jun 2001
£107,995
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 484 sq ft
sale price: £355,000
sale date: 7 Aug 2024
rooms: 3
size: 484 sq ft
sale price: £355,000
sale date: 12 Mar 2024
rooms: 3
size: 506 sq ft
sale price: £340,000
sale date: 27 Jun 2022
rooms: 3
size: 474 sq ft
sale price: £310,000
sale date: 19 Mar 2021
rooms: 3
size: 552 sq ft
sale price: £360,000
sale date: 21 Oct 2020

Data Sources

The property at 16 Gerry Raffles Square, London, E15 1BG appears three times in the Land Registry records, with the latest transaction recorded on 1 Mar 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 6 Jan 2023. 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.