16 Rich Street, London, E14 8AL is a leasehold flat built between 1976-1982. The property offers approximately 560 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 £333,501 , which equates to approximately £596 per square foot. It was last sold on 10 Aug 2007 for £225,000. Since then, the value has increased by £108,501, representing a 48.2% increase, or approximately 2.6% per year.

The current estimated value of £333,501 is:

  • 13.4% lower than the average property price on Rich Street
  • 12.0% lower than the average in the E14 8AL postcode area
  • and 61.9% lower than the average price for London as a whole

View sold house prices in E14 8AL

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
560 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£333,501
Price Per sq ft (estimate)
£596
Bedroom Count (estimate)
1 bedroom

EPC Summary

16 Rich Street, London, Tower Hamlets, Greater London Authority, E14 8AL has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 1 Jul 2020.

This property uses electric storage 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 10 Jan 2009, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 13.7%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The roof construction or insulation changed from pitched, 150 mm loft insulation to pitched, 50 mm loft insulation, changing energy efficiency from good to poor.
  • The wall construction or insulation changed from cavity wall, filled cavity to cavity wall, as built, partial insulation (assumed), changing energy efficiency from good to average.
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in 83% of fixed outlets, with efficiency improving from good to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 50 mm loft insulation
Poor
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 83% of fixed outlets
Very Good

Compared to E14 8AL

16 th / 32
Price Rank
12% lower than average
11 th / 30
Size Rank
3% smaller than average
18 th / 30
Price Per Sq FT Rank
10% lower than average

Compared to other properties in E14 8AL , this flat's estimated value ranks 16th out of 32. Based on price per square foot, it ranks 18th out of 30 properties. In terms of size, this home ranks 11th out of 30 properties in its postcode area.

Sale History

Today
£333,501
streetscan.co.uk estimate
+48 %
10 Aug 2007
£225,000
Leasehold
+87.5 %
19 Apr 2000
£120,000
Leasehold

Area Insights

Similar Properties Sold Nearby

18 Rich Street, London, E14 8AL
rooms: 3
size: 570 sq ft
sale price: £311,000
sale date: 6 Jul 2023
11 Rich Street, London, E14 8AL
rooms: 3
size: 560 sq ft
sale price: £320,000
sale date: 19 Aug 2022
6 Rich Street, London, E14 8AL
rooms: 2
size: 560 sq ft
sale price: £327,500
sale date: 1 Jul 2022
22 Rich Street, London, E14 8AL
rooms: 2
size: 495 sq ft
sale price: £255,000
sale date: 17 Jul 2020
12 Rich Street, London, E14 8AL
rooms: 2
size: 517 sq ft
sale price: £320,000
sale date: 25 Mar 2019

Data Sources

The property at 16 Rich Street, London, E14 8AL appears two times in the Land Registry records, with the latest transaction recorded on 10 Aug 2007. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 1 Jul 2020. 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.
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