16 Wood Close, London, E2 6ET is a leasehold flat built between 1983-1990. The property offers approximately 474 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £443,016 , which equates to approximately £935 per square foot. It was last sold on 19 Oct 2001 for £170,000. Since then, the value has increased by £273,016, representing a 160.6% increase, or approximately 6.7% per year.

The current estimated value of £443,016 is:

  • 14.2% lower than the average property price on Wood Close
  • 12.6% lower than the average in the E2 6ET postcode area
  • and 49.4% lower than the average price for London as a whole

At the most recent EPC inspection on 22 January 2021, the property was recorded as rented.

View sold house prices in E2 6ET

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
474 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£443,016
Price Per sq ft (estimate)
£935
Bedroom Count (estimate)
1 bedroom

EPC Summary

16 Wood Close, London, Tower Hamlets, Greater London, E2 6ET has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 22 Jan 2021.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 10 Oct 2008, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 22.6%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, no insulation to flat, insulated (assumed), improving energy efficiency from very poor to average.
  • The wall construction or insulation changed from solid brick, as built, partial insulation (assumed) to timber frame, as built, insulated (assumed), improving energy efficiency from average to good.
  • The lighting was updated from no low energy lighting to low energy lighting in 55% of fixed outlets, with efficiency improving from very poor to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Flat, insulated (assumed)
Average
Walls
Timber frame, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 55% of fixed outlets
Good

Compared to E2 6ET

12 th / 21
Price Rank
13% lower than average
19 th / 20
Size Rank
24% smaller than average
3 rd / 20
Price Per Sq FT Rank
15% higher than average

Compared to other properties in E2 6ET , this flat's estimated value ranks 12th out of 21. Based on price per square foot, it ranks 3rd out of 20 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 19th out of 20 properties in its postcode area.

Sale History

Today
£443,016
streetscan.co.uk estimate
+161 %
19 Oct 2001
£170,000
Leasehold
+82.8 %
2 Sep 1999
£93,000
Leasehold

Area Insights

Similar Properties Sold Nearby

5 Wood Close, London, E2 6ET
rooms: 2
size: 527 sq ft
sale price: £425,000
sale date: 29 Jun 2021
6 Wood Close, London, E2 6ET
rooms: 3
size: 506 sq ft
sale price: £335,000
sale date: 28 Aug 2013
12 Wood Close, London, E2 6ET
rooms: 2
size: 506 sq ft
sale price: £250,000
sale date: 6 Mar 2012
13 Wood Close, London, E2 6ET
rooms: 2
size: 474 sq ft
sale price: £182,000
sale date: 7 Jun 2004
7 Wood Close, London, E2 6ET
rooms: 2
size: 527 sq ft
sale price: £70,000
sale date: 14 May 1999

Data Sources

The property at 16 Wood Close, London, E2 6ET appears two times in the Land Registry records, with the latest transaction recorded on 19 Oct 2001. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 22 Jan 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.
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