29 Crofts Street, London, E1 8LU is a leasehold flat built between 1976-1982. The property offers approximately 570 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 £306,213 , which equates to approximately £537 per square foot. It was last sold on 9 Dec 2021 for £349,000. Since then, the value has decreased by £42,787, representing a 12.3% decrease, or approximately 3.1% per year.

The current estimated value of £306,213 is:

  • 37.6% lower than the average property price on Crofts Street
  • 43.4% lower than the average in the E1 8LU postcode area
  • and 65.0% lower than the average price for London as a whole

At the most recent EPC inspection on 4 May 2021, the property was recorded as owner-occupied.

View sold house prices in E1 8LU

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
570 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£306,213
Price Per sq ft (estimate)
£537
Bedroom Count (estimate)
1 bedroom

EPC Summary

29 Crofts Street, London, Tower Hamlets, Greater London, E1 8LU has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 4 May 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 26 Nov 2010, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 7.1%.

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 wall construction or insulation changed from cavity wall, as built, insulated (assumed) to cavity wall, as built, partial insulation (assumed), changing energy efficiency from good to average.
  • The windows were upgraded from single glazed to fully double glazed.
  • The lighting was changed from low energy lighting in all fixed outlets to low energy lighting in 86% of fixed outlets, with no change in efficiency (very good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 86% of fixed outlets
Very Good

Compared to E1 8LU

13 th / 13
Price Rank
43% lower than average
8 th / 11
Size Rank
32% smaller than average
11 th / 11
Price Per Sq FT Rank
17% lower than average

Compared to other properties in E1 8LU , this flat's estimated value ranks 13th out of 13. Based on price per square foot, it ranks 11th out of 11 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 8th out of 11 properties in its postcode area.

Sale History

Today
£306,213
streetscan.co.uk estimate
-12 %
9 Dec 2021
£349,000
Leasehold
+91.4 %
1 Aug 2016
£182,300
Leasehold

Area Insights

Similar Properties Sold Nearby

23 Crofts Street, London, E1 8LU
rooms: 2
size: 570 sq ft
sale price: £370,000
sale date: 26 Jul 2024
20 Crofts Street, London, E1 8LU
rooms: 2
size: 553 sq ft
sale price: £420,000
sale date: 13 Aug 2021
33 Crofts Street, London, E1 8LU
rooms: 2
size: 538 sq ft
sale price: £415,000
sale date: 23 Feb 2017

Data Sources

The property at 29 Crofts Street, London, E1 8LU appears two times in the Land Registry records, with the latest transaction recorded on 9 Dec 2021. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 4 May 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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