24, Maha Building Merchant Street, London, E3 4PZ is a leasehold flat built between 2007-2011. The property offers approximately 517 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 £349,174 , which equates to approximately £676 per square foot. It was last sold on 5 Jul 2024 for £355,000. Since then, the value has decreased by £5,826, representing a 1.6% decrease, or approximately 1.1% per year.

The current estimated value of £349,174 is:

  • 13.3% lower than the average property price on Merchant Street
  • 16.5% lower than the average in the E3 4PZ postcode area
  • and 60.1% lower than the average price for London as a whole

At the most recent EPC inspection on 25 March 2022, the property was recorded as owner-occupied.

View sold house prices in E3 4PZ

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
517 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£349,174
Price Per sq ft (estimate)
£676
Bedroom Count (estimate)
1 bedroom

EPC Summary

24, Maha Building Merchant Street, London, Tower Hamlets, Greater London, E3 4PZ has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 25 Mar 2022.

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 18 Nov 2008. The rating of B is unchanged, though the energy efficiency score decreased by 2.4%.

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 roof construction or insulation changed from (other premises above) to (another dwelling above), with no change in energy efficiency (n/a).
  • The wall construction or insulation changed from average thermal transmittance 0.21 w/m?k to cavity wall, as built, insulated (assumed), changing energy efficiency from very good to good.
  • The windows were upgraded from high performance glazing to fully double glazed.
  • The lighting was updated from low energy lighting in 25% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very 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
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E3 4PZ

40 th / 46
Price Rank
17% lower than average
9 th / 17
Size Rank
14% smaller than average
8 th / 17
Price Per Sq FT Rank
3% lower than average

Compared to other properties in E3 4PZ , this flat's estimated value ranks 40th out of 46. Based on price per square foot, it ranks 8th out of 17 properties. In terms of size, this home ranks 9th out of 17 properties in its postcode area.

Sale History

Today
£349,174
streetscan.co.uk estimate
-2 %
5 Jul 2024
£355,000
Leasehold
+53 %
16 Aug 2013
£232,000
Leasehold

Area Insights

Similar Properties Sold Nearby

8, Maha Building Merchant Street, London, E3 4PZ
rooms: 2
size: 506 sq ft
sale price: £360,000
sale date: 30 Mar 2016
31, Maha Building Merchant Street, London, E3 4PZ
rooms: 3
size: 581 sq ft
sale price: £315,000
sale date: 26 Sep 2013
Flat 36, Maha Building Merchant Street, London, E3 4PZ
rooms: 2
size: 484 sq ft
sale price: £210,000
sale date: 20 Mar 2009
Flat 3, Maha Building Merchant Street, London, E3 4PZ
rooms: 2
size: 495 sq ft
sale price: £210,000
sale date: 24 Feb 2009
Flat 20, Maha Building Merchant Street, London, E3 4PZ
rooms: 2
size: 506 sq ft
sale price: £222,500
sale date: 30 Jan 2009

Data Sources

The property at 24, Maha Building Merchant Street, London, E3 4PZ appears two times in the Land Registry records, with the latest transaction recorded on 5 Jul 2024. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 25 Mar 2022. 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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