40 Eric Street, London, E3 4TQ is a leasehold flat built between 1950-1966. The property offers approximately 850 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 £445,805 , which equates to approximately £524 per square foot. It was last sold on 29 Apr 2019 for £430,000. Since then, the value has increased by £15,805, representing a 3.7% increase, or approximately 0.6% per year.

The current estimated value of £445,805 is:

  • 5.7% lower than the average property price on Eric Street
  • 3.1% lower than the average in the E3 4TQ postcode area
  • and 49.1% lower than the average price for London as a whole

At the most recent EPC inspection on 14 January 2009, the property was recorded as owner-occupied.

View sold house prices in E3 4TQ

Building approximate location

About Property

Type
Terraced Maisonette
Built
1950-1966
Interior Size
850 sq ft
Tenure
Leasehold
Price (estimate)
£445,805
Price Per sq ft (estimate)
£524
Bedroom Count (estimate)
2 bedrooms

EPC Summary

40 Eric Street, London, Tower Hamlets, Greater London Authority, E3 4TQ has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 12 Feb 2019.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 14 Jan 2009, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 6.9%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from (another dwelling above) to flat, no insulation (assumed), improving energy efficiency from n/a to very poor.
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to system built, as built, no insulation (assumed), changing energy efficiency from poor to very poor.
  • The lighting was updated from low energy lighting in 75% of fixed outlets to low energy lighting in 56% of fixed outlets, with efficiency changing from very good to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Flat, no insulation (assumed)
Very Poor
Walls
System built, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 56% of fixed outlets
Good

Compared to E3 4TQ

4 th / 10
Price Rank
3% lower than average
6 th / 10
Size Rank
1% bigger than average
7 th / 10
Price Per Sq FT Rank
4% lower than average

Compared to other properties in E3 4TQ , this maisonette's estimated value ranks 4th out of 10. Based on price per square foot, it ranks 7th out of 10 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 6th out of 10 properties in its postcode area.

Sale History

Today
£445,805
streetscan.co.uk estimate
+4 %
29 Apr 2019
£430,000
Leasehold
+53.6 %
13 Aug 2012
£280,000
Leasehold

Area Insights

Similar Properties Sold Nearby

56 Eric Street, London, E3 4TQ
rooms: 4
size: 732 sq ft
sale price: £60,000
sale date: 3 Nov 1998
Flat 38, Windermere House, 74 Eric Street, London, E3 4TD
rooms: 3
size: 775 sq ft
sale price: £350,000
sale date: 5 Dec 2024
Flat 47, Windermere House, 74 Eric Street, London, E3 4TD
rooms: 4
size: 861 sq ft
sale price: £433,000
sale date: 9 Mar 2021
Flat 3, Windermere House, 74 Eric Street, London, E3 4TD
rooms: 3
size: 753 sq ft
sale price: £435,000
sale date: 15 Dec 2020
Flat 15, Windermere House, 74 Eric Street, London, E3 4TD
rooms: 3
size: 775 sq ft
sale price: £360,000
sale date: 18 Sep 2020

Data Sources

The property at 40 Eric Street, London, E3 4TQ appears two times in the Land Registry records, with the latest transaction recorded on 29 Apr 2019. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 12 Feb 2019. 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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