2 Cranberry Lane, London, E16 4PE is a leasehold flat built between 1991-1995. The property offers approximately 484 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 £191,366 , which equates to approximately £395 per square foot. It was last sold on 29 Sep 1995 for £28,000. Since then, the value has increased by £163,366, representing a 583.5% increase, or approximately 19.3% per year.

The current estimated value of £191,366 is:

  • 38.3% lower than the average property price on Cranberry Lane
  • 22.6% lower than the average in the E16 4PE postcode area
  • and 78.1% lower than the average price for London as a whole

View sold house prices in E16 4PE

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
484 sq ft
Tenure
Leasehold
Price (estimate)
£191,366
Price Per sq ft (estimate)
£395
Bedroom Count (estimate)
1 bedroom

EPC Summary

2 Cranberry Lane, London, Newham, Greater London Authority, E16 4PE has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 19 Dec 2019.

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 16 Dec 2009. The rating of C is unchanged, though the energy efficiency score decreased by 6.4%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from very good to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water energy efficiency changing from very good to good, while the system remained as from main system.
  • The lighting was updated from no low energy lighting to low energy lighting in 67% 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
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 67% of fixed outlets
Good

Compared to E16 4PE

10 th / 10
Price Rank
23% lower than average
3 rd / 9
Size Rank
2% bigger than average
9 th / 9
Price Per Sq FT Rank
24% lower than average

Compared to other properties in E16 4PE , this flat's estimated value ranks 10th out of 10. Based on price per square foot, it ranks 9th out of 9 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 3rd out of 9 properties in its postcode area.

Sale History

Today
£191,366
streetscan.co.uk estimate
+583 %
29 Sep 1995
£28,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 484 sq ft
sale price: £280,000
sale date: 24 Feb 2023
rooms: 2
size: 463 sq ft
sale price: £275,000
sale date: 29 Jul 2022
rooms: 2
size: 463 sq ft
sale price: £260,000
sale date: 5 Jan 2021
rooms: 2
size: 474 sq ft
sale price: £220,000
sale date: 25 May 2017
rooms: 3
size: 495 sq ft
sale price: £140,000
sale date: 1 Aug 2014

Data Sources

The property at 2 Cranberry Lane, London, Newham, Greater London Authority, E16 4PE appears once in the Land Registry records, with the transaction recorded on 29 Sep 1995. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 19 Dec 2019. 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.