40 George Lane, London, E18 1LW is a leasehold flat built between 1930-1949. The property offers approximately 603 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £390,839 , which equates to approximately £648 per square foot. It was last sold on 6 Oct 2006 for £224,500. Since then, the value has increased by £166,339, representing a 74.1% increase, or approximately 3.9% per year.

The current estimated value of £390,839 is:

  • 30.4% lower than the average property price on George Lane
  • 41.9% lower than the average in the E18 1LW postcode area
  • and 55.3% lower than the average price for London as a whole

At the most recent EPC inspection on 22 February 2022, the property was recorded as rented.

View sold house prices in E18 1LW

Building approximate location

About Property

Type
Flat
Built
1930-1949
Interior Size
603 sq ft
Tenure
Leasehold
Price (estimate)
£390,839
Price Per sq ft (estimate)
£648
Bedroom Count (estimate)
1 bedroom

EPC Summary

40 George Lane, London, Redbridge, Greater London, E18 1LW has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 22 Feb 2022.

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 27 Oct 2009, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 7.4%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from very good to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water energy efficiency changing from very good to good, while the system remained as from main system.
  • The windows were upgraded from mostly double glazing to fully double glazed.
  • The lighting was updated from low energy lighting in 22% of fixed outlets to low energy lighting in 90% of fixed outlets, with efficiency improving from poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 90% of fixed outlets
Very Good

Compared to E18 1LW

27 th / 28
Price Rank
42% lower than average
18 th / 19
Size Rank
41% smaller than average
12 th / 19
Price Per Sq FT Rank
1% lower than average

Compared to other properties in E18 1LW , this flat's estimated value ranks 27th out of 28. Based on price per square foot, it ranks 12th out of 19 properties. In terms of size, this home ranks 18th out of 19 properties in its postcode area.

Sale History

Today
£390,839
streetscan.co.uk estimate
+74 %
6 Oct 2006
£224,500
Leasehold
+15.1 %
13 Aug 2004
£195,000
Leasehold
+58.5 %
28 Sep 2001
£123,000
Leasehold
+108.5 %
29 Jun 1998
£59,000
Leasehold

Area Insights

Similar Properties Sold Nearby

48 George Lane, London, E18 1LW
rooms: 4
size: 614 sq ft
sale price: £410,000
sale date: 7 Dec 2021
56 George Lane, London, E18 1LW
rooms: 2
size: 657 sq ft
sale price: £450,000
sale date: 28 Aug 2020
54 George Lane, London, E18 1LW
rooms: 3
size: 689 sq ft
sale price: £291,000
sale date: 31 Mar 2014
34 George Lane, London, E18 1LW
rooms: 3
size: 517 sq ft
sale price: £160,000
sale date: 15 Jan 2004
38 George Lane, London, E18 1LW
rooms: 3
size: 689 sq ft
sale price: £58,000
sale date: 30 Jun 1998

Data Sources

The property at 40 George Lane, London, E18 1LW appears four times in the Land Registry records, with the latest transaction recorded on 6 Oct 2006. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 22 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.


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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