31 East Smithfield, London, E1W 1AP is a leasehold flat built between 1983-1990. The property offers approximately 624 square feet of living space and is situated on the 4th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £356,837 , which equates to approximately £572 per square foot. It was last sold on 20 Jan 1995 for £48,000. Since then, the value has increased by £308,837, representing a 643.4% increase, or approximately 20.8% per year.

The current estimated value of £356,837 is:

  • 87.0% lower than the average property price on East Smithfield
  • 95.7% lower than the average in the E1W 1AP postcode area
  • and 59.2% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as rented both times. This suggests the property has often been rented out, which may indicate use as an investment or buy-to-let.

At the most recent EPC inspection on 10 February 2022, the property was recorded as rented.

View sold house prices in E1W 1AP

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
624 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£356,837
Price Per sq ft (estimate)
£572
Bedroom Count (estimate)
1 bedroom

EPC Summary

31 East Smithfield, London, Tower Hamlets, Greater London, E1W 1AP has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 10 Feb 2022.

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

The previous EPC assessment was conducted on 2 Nov 2020, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 41.7%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to electric storage heaters, improving energy efficiency from very poor to average.
  • The hot water energy efficiency improving from poor to average, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, filled cavity, improving energy efficiency from poor to good.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, insulated (assumed)
Average
Walls
Cavity wall, filled cavity
Good
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E1W 1AP

18 th / 33
Price Rank
96% lower than average
2 nd / 16
Size Rank
96% smaller than average
6 th / 16
Price Per Sq FT Rank
11% higher than average

Compared to other properties in E1W 1AP , this flat's estimated value ranks 18th out of 33. Based on price per square foot, it ranks 6th out of 16 properties. In terms of size, this home ranks 2nd out of 16 properties in its postcode area.

Sale History

Today
£356,837
streetscan.co.uk estimate
+643 %
20 Jan 1995
£48,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 538 sq ft
sale price: £156,000
sale date: 12 Jun 2015
rooms: 2
size: 538 sq ft
sale price: £86,750
sale date: 11 Jan 2002
rooms: 2
size: 538 sq ft
sale price: £56,250
sale date: 7 Feb 2000
rooms: 3
size: 689 sq ft
sale price: £45,000
sale date: 15 Dec 1995
rooms: 2
size: 678 sq ft
sale price: £890,000
sale date: 15 Jul 2022

Data Sources

The property at 31 East Smithfield, London, Tower Hamlets, Greater London, E1W 1AP appears once in the Land Registry records, with the transaction recorded on 20 Jan 1995. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 10 Feb 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.


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