40 Otter Close, London, E15 2PZ is a leasehold flat built between 2003-2006. The property offers approximately 710 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £361,302 , which equates to approximately £509 per square foot. It was last sold on 22 May 2020 for £350,000. Since then, the value has increased by £11,302, representing a 3.2% increase, or approximately 0.6% per year.

The current estimated value of £361,302 is:

  • 1.6% higher than the average property price on Otter Close
  • 3.3% lower than the average in the E15 2PZ postcode area
  • and 58.7% lower than the average price for London as a whole

At the most recent EPC inspection on 13 November 2023, the property was recorded as owner-occupied.

View sold house prices in E15 2PZ

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
710 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£361,302
Price Per sq ft (estimate)
£509
Bedroom Count (estimate)
2 bedrooms

EPC Summary

40 Otter Close, London, Newham, Greater London, E15 2PZ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 13 Nov 2023.

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 2 Aug 2012, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 4.9%.

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 average to very poor.
  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The lighting was updated from low energy lighting in 29% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E15 2PZ

24 th / 67
Price Rank
3% lower than average
1 st / 64
Size Rank
23% bigger than average
58 th / 64
Price Per Sq FT Rank
22% lower than average

Compared to other properties in E15 2PZ , this flat's estimated value ranks 24th out of 67. Based on price per square foot, it ranks 58th out of 64 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 1st out of 64 properties in its postcode area.

Sale History

Today
£361,302
streetscan.co.uk estimate
+3 %
22 May 2020
£350,000
Leasehold
+24.1 %
12 Sep 2014
£282,000
Leasehold
+45.4 %
14 Jul 2003
£194,000
Leasehold

Area Insights

Similar Properties Sold Nearby

27 Otter Close, London, E15 2PZ
rooms: 3
size: 646 sq ft
sale price: £390,000
sale date: 28 Oct 2024
2 Otter Close, London, E15 2PZ
rooms: 3
size: 635 sq ft
sale price: £275,000
sale date: 6 Aug 2021
8 Otter Close, London, E15 2PZ
rooms: 3
size: 657 sq ft
sale price: £367,000
sale date: 4 Jun 2021
66 Otter Close, London, E15 2PZ
rooms: 3
size: 614 sq ft
sale price: £290,000
sale date: 17 Oct 2014
5 Otter Close, London, E15 2PZ
rooms: 3
size: 654 sq ft
sale price: £205,000
sale date: 24 Aug 2012

Data Sources

The property at 40 Otter Close, London, E15 2PZ appears three times in the Land Registry records, with the latest transaction recorded on 22 May 2020. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 13 Nov 2023. 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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