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 £247,595 , which equates to approximately £426 per square foot. It was last sold on 4 Sep 2018 for £265,000. Since then, the value has decreased by £17,405, representing a 6.6% decrease, or approximately 0.8% per year.

The current estimated value of £247,595 is:

  • 19.3% lower than the average property price on Rainhill Way
  • 22.7% lower than the average in the E3 3JD postcode area
  • and 69.4% 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)
£247,595
Price Per sq ft (estimate)
£426
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
23% lower than average
12 th / 22
Size Rank
5% smaller than average
15 th / 22
Price Per Sq FT Rank
19% lower than average

Sale History

Today
£247,595
streetscan.co.uk estimate
-7 %
4 Sep 2018
£265,000
Leasehold

Flood Risk for this Property

Flood risk from rivers and the sea
Very low flood risk
Flood risk from surface water
High flood risk
Surface water flood hazard
High

* Results are based on Environment Agency flood risk mapping for the property UPRN where available. They are indicative and should not be treated as a site-specific flood survey.

Flood risk from rivers and the sea

This property has very low flood risk from rivers and the sea.

River and sea flooding includes flooding caused by overflowing rivers, estuaries, tidal waters and coastal surges.

Flood risk from surface water

This property has high surface water flood risk.

Surface water flooding can happen when heavy rainfall overwhelms drains, roads, gardens or other hard surfaces.

Flood depth indicators

Rivers and Sea
  • 0.2m depth No mapped risk
  • 0.3m depth No mapped risk
  • 0.6m depth No mapped risk
  • 0.9m depth No mapped risk
  • 1.2m depth No mapped risk
Surface Water
  • 0.2m depth Medium
  • 0.3m depth Very low
  • 0.6m depth Very low
  • 0.9m depth Very low
  • 1.2m depth Very low

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, E3 3JD appears once in HM Land Registry records, with the transaction recorded on 4 Sep 2018. It also has two Energy Performance Certificate (EPC) records, the earliest dating back to 25 Sep 2018. We use this information to estimate the property's characteristics, flood risk profile and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0 .

StreetScan.co.uk is not affiliated with, endorsed by, or associated with HM Land Registry, DESNZ, MHCLG, Defra or the Environment Agency.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure that the information provided on this website is current and accurate. However, no warranties or representations are made regarding its completeness, accuracy, suitability or reliability. Property values, flood risk assessments and other derived information are estimates based on publicly available datasets and should not be relied upon as professional, legal, surveying, environmental, financial or insurance advice. StreetScan.co.uk expressly disclaims all liability for any loss, damage, cost or expense arising directly or indirectly from the use of, or reliance upon, information provided on this website.