241 Brick Lane, London, E2 7ED is a freehold terraced property built between 1976-1982. The property offers approximately 1,098 square feet of living space. In this location, properties of similar size usually have four bedrooms.

The estimated current market value of the property is £751,587 , which equates to approximately £685 per square foot. It was last sold on 30 Jun 2021 for £800,000. Since then, the value has decreased by £48,413, representing a 6.1% decrease, or approximately 1.4% per year.

The current estimated value of £751,587 is:

  • 10.5% lower than the average property price on Brick Lane
  • 11.1% lower than the average in the E2 7ED postcode area
  • and 14.1% lower than the average price for London as a whole

View sold house prices in E2 7ED

Building approximate location

About Property

Type
Terraced House
Built
1976-1982
Interior Size
1098 sq ft
Tenure
Freehold
Price (estimate)
£751,587
Price Per sq ft (estimate)
£685
Bedroom Count (estimate)
4 bedrooms

EPC Summary

241 Brick Lane, London, Tower Hamlets, Greater London Authority, E2 7ED has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 22 May 2020.

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 6 Jul 2009, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 2.9%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from from main system, no cylinderstat to from main system, with its energy efficiency improving from average to good.
  • The roof construction or insulation changed from pitched, 200 mm loft insulation to pitched, 100 mm loft insulation, changing energy efficiency from good to average.
  • 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 18% of fixed outlets to low energy lighting in 67% of fixed outlets, with efficiency improving from poor to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 100 mm loft insulation
Average
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 67% of fixed outlets
Good

Compared to E2 7ED

9 th / 14
Price Rank
11% lower than average
6 th / 12
Size Rank
1% smaller than average
8 th / 12
Price Per Sq FT Rank
10% lower than average

Compared to other properties in E2 7ED , this house's estimated value ranks 9th out of 14. Based on price per square foot, it ranks 8th out of 12 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 6th out of 12 properties in its postcode area.

Sale History

Today
£751,587
streetscan.co.uk estimate
-6 %
30 Jun 2021
£800,000
Leasehold
+78.8 %
9 Nov 2007
£447,500
Leasehold
+132.5 %
20 Mar 2000
£192,500
Leasehold
+64.5 %
14 Nov 1997
£117,000
Leasehold

Area Insights

Similar Properties Sold Nearby

227 Brick Lane, London, E2 7ED
rooms: 6
size: 1087 sq ft
sale price: £890,000
sale date: 5 Feb 2024
217 Brick Lane, London, E2 7ED
rooms: 5
size: 1249 sq ft
sale price: £900,000
sale date: 28 Apr 2023
243 Brick Lane, London, E2 7ED
rooms: 5
size: 1098 sq ft
sale price: £800,000
sale date: 17 Feb 2022
245 Brick Lane, London, E2 7ED
rooms: 5
size: 1087 sq ft
sale price: £785,000
sale date: 28 Feb 2020
213 Brick Lane, London, E2 7ED
rooms: 6
size: 1001 sq ft
sale price: £910,000
sale date: 31 Mar 2016

Data Sources

The property at 241 Brick Lane, London, E2 7ED appears four times in the Land Registry records, with the latest transaction recorded on 30 Jun 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 22 May 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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