31 Caravel Close, London, E14 8PD is a leasehold flat built between 1996-2002. The property offers approximately 689 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £399,583 , which equates to approximately £580 per square foot. It was last sold on 7 Oct 2002 for £180,000. Since then, the value has increased by £219,583, representing a 122.0% increase, or approximately 5.3% per year.

The current estimated value of £399,583 is:

  • 19.4% higher than the average property price on Caravel Close
  • 14.9% higher than the average in the E14 8PD postcode area
  • and 54.3% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 30 October 2023, the property was recorded as rented.

View sold house prices in E14 8PD

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
689 sq ft
Tenure
Leasehold
Price (estimate)
£399,583
Price Per sq ft (estimate)
£580
Bedroom Count (estimate)
2 bedrooms

EPC Summary

31 Caravel Close, London, Tower Hamlets, Greater London, E14 8PD has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 30 Oct 2023.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 2 Nov 2013, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 5.9%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency improving from poor to average, while the system remained as electric immersion, off-peak.
  • 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
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
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 8PD

10 th / 25
Price Rank
15% higher than average
4 th / 21
Size Rank
23% bigger than average
14 th / 21
Price Per Sq FT Rank
6% lower than average

Compared to other properties in E14 8PD , this flat's estimated value ranks 10th out of 25. Based on price per square foot, it ranks 14th out of 21 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 4th out of 21 properties in its postcode area.

Sale History

Today
£399,583
streetscan.co.uk estimate
+122 %
7 Oct 2002
£180,000
Leasehold
+71.4 %
10 Dec 1999
£105,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 614 sq ft
sale price: £340,000
sale date: 13 Jan 2023
rooms: 3
size: 635 sq ft
sale price: £313,375
sale date: 7 Sep 2021
rooms: 3
size: 732 sq ft
sale price: £357,000
sale date: 4 Oct 2019
rooms: 3
size: 657 sq ft
sale price: £210,000
sale date: 13 Sep 2017
rooms: 4
size: 624 sq ft
sale price: £364,000
sale date: 30 Oct 2015

Data Sources

The property at 31 Caravel Close, London, E14 8PD appears two times in the Land Registry records, with the latest transaction recorded on 7 Oct 2002. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 30 Oct 2023. 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.