40 Rainhill Way, London, E3 3JD is a leasehold flat built between 1967-1975. The property offers approximately 581 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 £269,211 , which equates to approximately £463 per square foot. It was last sold on 4 Sep 2018 for £265,000. Since then, the value has increased by £4,211, representing a 1.6% increase, or approximately 0.2% per year.

The current estimated value of £269,211 is:

  • 19.1% lower than the average property price on Rainhill Way
  • 15.9% lower than the average in the E3 3JD postcode area
  • and 69.2% lower than the average price for London as a whole

View sold house prices in E3 3JD

Building approximate location

About Property

Type
Terraced Maisonette
Built
1967-1975
Interior Size
581 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£269,211
Price Per sq ft (estimate)
£463
Bedroom Count (estimate)
1 bedroom

EPC Summary

40 Rainhill Way, London, Tower Hamlets, Greater London Authority, E3 3JD has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 25 Sep 2018.

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 23 Sep 2013. The rating of D remains the same, but the energy efficiency score improved by 1.6%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, filled cavity, improving energy efficiency from poor to average.
  • The lighting was updated from low energy lighting in all fixed outlets to low energy lighting in 17% of fixed outlets, with efficiency changing from very good to poor.
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Roof
Flat, limited insulation (assumed)
Very Poor
Walls
Cavity wall, filled cavity
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 17% of fixed outlets
Poor

Compared to E3 3JD

17 th / 24
Price Rank
16% lower than average
12 th / 22
Size Rank
5% smaller than average
15 th / 22
Price Per Sq FT Rank
12% lower than average

Compared to other properties in E3 3JD , this maisonette's estimated value ranks 17th out of 24. Based on price per square foot, it ranks 15th out of 22 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 12th out of 22 properties in its postcode area.

Sale History

Today
£269,211
streetscan.co.uk estimate
+2 %
4 Sep 2018
£265,000
Leasehold

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: 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
rooms: 2
size: 506 sq ft
sale price: £288,575
sale date: 25 Sep 2017

Data Sources

The property at 40 Rainhill Way, London, Tower Hamlets, Greater London Authority, E3 3JD appears once in the Land Registry records, with the transaction recorded on 4 Sep 2018. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 25 Sep 2018. 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.