2 Falcon Way, London, E14 9UP is a leasehold flat built between 1983-1990. The property offers approximately 592 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 £402,634 , which equates to approximately £680 per square foot. It was last sold on 10 May 2002 for £165,000. Since then, the value has increased by £237,634, representing a 144.0% increase, or approximately 6.1% per year.

The current estimated value of £402,634 is:

  • 1.4% higher than the average property price on Falcon Way
  • 18.5% lower than the average in the E14 9UP postcode area
  • and 54.0% lower than the average price for London as a whole

View sold house prices in E14 9UP

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
592 sq ft
Tenure
Leasehold
Price (estimate)
£402,634
Price Per sq ft (estimate)
£680
Bedroom Count (estimate)
1 bedroom

EPC Summary

2 Falcon Way, London, Tower Hamlets, Greater London Authority, E14 9UP has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 1 Mar 2019.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 9 Mar 2009, when the property was rated D. The current rating of E reflects a decline in energy efficiency of 10.2%.

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 poor to very poor.
  • The hot water system was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from poor to very poor.
  • The lighting was updated from no low energy lighting to low energy lighting in 50% of fixed outlets, with efficiency improving from very poor to good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to E14 9UP

26 th / 50
Price Rank
18% lower than average
27 th / 48
Size Rank
2% smaller than average
21 st / 48
Price Per Sq FT Rank
17% lower than average

Compared to other properties in E14 9UP , this flat's estimated value ranks 26th out of 50. Based on price per square foot, it ranks 21th out of 48 properties. In terms of size, this home ranks 27th out of 48 properties in its postcode area.

Sale History

Today
£402,634
streetscan.co.uk estimate
+144 %
10 May 2002
£165,000
Leasehold
+50 %
31 Jul 1998
£110,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 614 sq ft
sale price: £495,000
sale date: 20 Oct 2023
rooms: 2
size: 592 sq ft
sale price: £437,500
sale date: 14 Sep 2023
rooms: 2
size: 592 sq ft
sale price: £410,000
sale date: 9 Jan 2023
rooms: 3
size: 592 sq ft
sale price: £498,000
sale date: 16 Dec 2022
rooms: 3
size: 592 sq ft
sale price: £496,000
sale date: 2 Sep 2022

Data Sources

The property at 2 Falcon Way, London, E14 9UP appears two times in the Land Registry records, with the latest transaction recorded on 10 May 2002. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 1 Mar 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.