38 Rainhill Way, London, E3 3JD is a leasehold flat built between 1983-1990. The property offers approximately 538 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 £233,363 , which equates to approximately £434 per square foot. It was last sold on 3 May 2017 for £254,000. Since then, the value has decreased by £20,637, representing a 8.1% decrease, or approximately 0.9% per year.

The current estimated value of £233,363 is:

  • 24.0% lower than the average property price on Rainhill Way
  • 27.1% lower than the average in the E3 3JD postcode area
  • and 71.2% lower than the average price for London as a whole

At the most recent EPC inspection on 14 March 2022, the property was recorded as rented.

View sold house prices in E3 3JD

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
538 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£233,363
Price Per sq ft (estimate)
£434
Bedroom Count (estimate)
1 bedroom

EPC Summary

38 Rainhill Way, London, Tower Hamlets, Greater London, E3 3JD has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 14 Mar 2022.

This property is heated by a shared community system (community scheme). Community heating means the heat is supplied from a central source serving multiple homes. A community heating scheme is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 18 Nov 2011, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 17.7%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from flat, limited insulation (assumed) to flat, insulated (assumed), improving energy efficiency from very poor to average.
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, as built, insulated (assumed), improving energy efficiency from poor to good.
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Roof
Flat, insulated (assumed)
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 E3 3JD

20 th / 24
Price Rank
27% lower than average
15 th / 22
Size Rank
12% smaller than average
14 th / 22
Price Per Sq FT Rank
17% lower than average

Sale History

Today
£233,363
streetscan.co.uk estimate
-8 %
3 May 2017
£254,000
Leasehold

Flood Risk for this Property

Flood risk from rivers and the sea
Very low flood risk
Flood risk from surface water
Very low flood risk
Surface water flood hazard
No mapped risk

* Results are based on Environment Agency flood risk mapping for the property UPRN where available. They are indicative and should not be treated as a site-specific flood survey.

Flood risk from rivers and the sea

This property has very low flood risk from rivers and the sea.

River and sea flooding includes flooding caused by overflowing rivers, estuaries, tidal waters and coastal surges.

Flood risk from surface water

This property has very low surface water flood risk.

Surface water flooding can happen when heavy rainfall overwhelms drains, roads, gardens or other hard surfaces.

Flood depth indicators

Rivers and Sea
  • 0.2m depth No mapped risk
  • 0.3m depth No mapped risk
  • 0.6m depth No mapped risk
  • 0.9m depth No mapped risk
  • 1.2m depth No mapped risk
Surface Water
  • 0.2m depth No mapped risk
  • 0.3m depth No mapped risk
  • 0.6m depth No mapped risk
  • 0.9m depth No mapped risk
  • 1.2m depth No mapped risk

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 581 sq ft
sale price: £290,000
sale date: 18 Mar 2022
rooms: 2
size: 581 sq ft
sale price: £240,000
sale date: 29 Jul 2021
rooms: 2
size: 581 sq ft
sale price: £265,000
sale date: 4 Sep 2018
rooms: 2
size: 603 sq ft
sale price: £305,000
sale date: 11 Dec 2017
rooms: 2
size: 603 sq ft
sale price: £305,000
sale date: 11 Dec 2017

Data Sources

The property at 38 Rainhill Way, London, E3 3JD appears once in HM Land Registry records, with the transaction recorded on 3 May 2017. It also has two Energy Performance Certificate (EPC) records, the earliest dating back to 14 Mar 2022. We use this information to estimate the property's characteristics, flood risk profile and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0 .

StreetScan.co.uk is not affiliated with, endorsed by, or associated with HM Land Registry, DESNZ, MHCLG, Defra or the Environment Agency.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure that the information provided on this website is current and accurate. However, no warranties or representations are made regarding its completeness, accuracy, suitability or reliability. Property values, flood risk assessments and other derived information are estimates based on publicly available datasets and should not be relied upon as professional, legal, surveying, environmental, financial or insurance advice. StreetScan.co.uk expressly disclaims all liability for any loss, damage, cost or expense arising directly or indirectly from the use of, or reliance upon, information provided on this website.