38 Caravel Close, London, E14 8PD is a leasehold other property built between 1991-1995. The property offers approximately 624 square feet of living space and is situated on the 2nd floor. In this location, properties of similar size usually have one bedroom.

The estimated current market value of the property is £319,050 , which equates to approximately £511 per square foot. It was last sold on 17 Jun 2022 for £345,000. Since then, the value has decreased by £25,950, representing a 7.5% decrease, or approximately 2.2% per year.

The current estimated value of £319,050 is:

  • 4.7% lower than the average property price on Caravel Close
  • 8.3% lower than the average in the E14 8PD postcode area
  • and 63.5% lower than the average price for London as a whole

At the most recent EPC inspection on 7 January 2022, the property was recorded as owner-occupied.

View sold house prices in E14 8PD

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
624 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£319,050
Price Per sq ft (estimate)
£511
Bedroom Count (estimate)
1 bedroom

EPC Summary

38 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 7 Jan 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 fully double glazed.

The previous EPC assessment was conducted on 26 Mar 2009. The rating of C is unchanged, though the energy efficiency score decreased by 2.6%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The lighting was updated from low energy lighting in 8% of fixed outlets 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
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E14 8PD

5 th / 25
Price Rank
8% lower than average
8 th / 21
Size Rank
11% bigger than average
9 th / 21
Price Per Sq FT Rank
18% lower than average

Compared to other properties in E14 8PD , this flat's estimated value ranks 5th out of 25. Based on price per square foot, it ranks 9th out of 21 properties. In terms of size, this home ranks 8th out of 21 properties in its postcode area.

Sale History

Today
£319,050
streetscan.co.uk estimate
-8 %
17 Jun 2022
£345,000
Leasehold
+72.5 %
22 Dec 2003
£199,995
Leasehold

Area Insights

Nearby Properties

39 Caravel Close, London, E14 8PD
rooms: 4
size: 753 sq ft
sale price: £95,000
sale date: 23 Jan 2004
40 Caravel Close, London, E14 8PD
rooms: 3
size: 635 sq ft
sale price: £313,375
sale date: 7 Sep 2021
36 Caravel Close, London, E14 8PD
rooms: 3
size: 614 sq ft
sale price: £249,950
sale date: 7 Mar 2008
35 Caravel Close, London, E14 8PD
rooms: 3
size: 603 sq ft
sale price: £232,000
sale date: 1 Nov 2010
34 Caravel Close, London, E14 8PD
rooms: 3
size: 592 sq ft
sale price: £120,000
sale date: 7 Jan 2000

Data Sources

The property at 38 Caravel Close, London, E14 8PD appears two times in the Land Registry records, with the latest transaction recorded on 17 Jun 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 7 Jan 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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