40 Caravel Close, London, E14 8PD is a leasehold flat built between 1991-1995. The property offers approximately 635 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £281,656 , which equates to approximately £444 per square foot. It was last sold on 7 Sep 2021 for £313,375. Since then, the value has decreased by £31,719, representing a 10.1% decrease, or approximately 2.4% per year.

The current estimated value of £281,656 is:

  • 15.9% lower than the average property price on Caravel Close
  • 19.0% lower than the average in the E14 8PD postcode area
  • and 67.8% lower than the average price for London as a whole

At the most recent EPC inspection on 24 November 2020, 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
635 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£281,656
Price Per sq ft (estimate)
£444
Bedroom Count (estimate)
1 bedroom

EPC Summary

40 Caravel Close, London, Tower Hamlets, Greater London, E14 8PD has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 24 Nov 2020.

This property uses electric room 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 28 Oct 2008, when the property was rated C. The current rating of E reflects a decline in energy efficiency of 28.4%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from poor to very poor.
  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The roof construction or insulation changed from pitched, insulated (assumed) to pitched, 150 mm loft insulation, with no change in energy efficiency (good).
  • The wall construction or insulation changed from cavity wall, with internal insulation to cavity wall, as built, insulated (assumed), with no change in energy efficiency (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
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Roof
Pitched, 150 mm loft insulation
Good
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

13 th / 25
Price Rank
19% lower than average
7 th / 21
Size Rank
13% bigger than average
11 th / 21
Price Per Sq FT Rank
28% lower than average

Compared to other properties in E14 8PD , this flat's estimated value ranks 13th out of 25. Based on price per square foot, it ranks 11th out of 21 properties. In terms of size, this home ranks 7th out of 21 properties in its postcode area.

Sale History

Today
£281,656
streetscan.co.uk estimate
-10 %
7 Sep 2021
£313,375
Leasehold
+148.7 %
16 Jun 2000
£126,000
Leasehold

Area Insights

Similar Properties Sold Nearby

33 Caravel Close, London, E14 8PD
rooms: 3
size: 614 sq ft
sale price: £340,000
sale date: 13 Jan 2023
32 Caravel Close, London, E14 8PD
rooms: 3
size: 657 sq ft
sale price: £210,000
sale date: 13 Sep 2017
21 Caravel Close, London, E14 8PD
rooms: 4
size: 624 sq ft
sale price: £364,000
sale date: 30 Oct 2015
29 Caravel Close, London, E14 8PD
rooms: 3
size: 560 sq ft
sale price: £250,000
sale date: 22 Nov 2013
19 Caravel Close, London, E14 8PD
rooms: 3
size: 657 sq ft
sale price: £240,000
sale date: 16 Sep 2011

Data Sources

The property at 40 Caravel Close, London, E14 8PD appears two times in the Land Registry records, with the latest transaction recorded on 7 Sep 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Nov 2020. 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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