40 Times Square, London, E1 8GD is a leasehold flat built between 2007-2011. The property offers approximately 495 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £420,180 , which equates to approximately £849 per square foot. It was last sold on 21 Jun 2024 for £425,000. Since then, the value has decreased by £4,820, representing a 1.1% decrease, or approximately 0.8% per year.

The current estimated value of £420,180 is:

  • 29.4% lower than the average property price on Times Square
  • 33.3% lower than the average in the E1 8GD postcode area
  • and 52.0% lower than the average price for London as a whole

At the most recent EPC inspection on 18 March 2021, the property was recorded as rented.

View sold house prices in E1 8GD

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
495 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£420,180
Price Per sq ft (estimate)
£849
Bedroom Count (estimate)
1 bedroom

EPC Summary

40 Times Square, London, Tower Hamlets, Greater London, E1 8GD has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 18 Mar 2021.

This property uses electric storage 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 20 Apr 2009, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 11.8%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to electric storage heaters, improving energy efficiency from very poor to average.
  • The wall construction or insulation changed from system built, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
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 E1 8GD

49 th / 53
Price Rank
33% lower than average
23 rd / 50
Size Rank
12% smaller than average
38 th / 50
Price Per Sq FT Rank
24% lower than average

Compared to other properties in E1 8GD , this flat's estimated value ranks 49th out of 53. Based on price per square foot, it ranks 38th out of 50 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 23th out of 50 properties in its postcode area.

Sale History

Today
£420,180
streetscan.co.uk estimate
-1 %
21 Jun 2024
£425,000
Leasehold
-3.4 %
8 Apr 2015
£440,000
Leasehold
+17.3 %
12 Mar 2008
£375,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 452 sq ft
sale price: £460,000
sale date: 20 Dec 2023
rooms: 2
size: 431 sq ft
sale price: £450,000
sale date: 29 Aug 2023
rooms: 2
size: 452 sq ft
sale price: £440,000
sale date: 28 Sep 2021
rooms: 2
size: 474 sq ft
sale price: £475,000
sale date: 11 Mar 2021
rooms: 2
size: 452 sq ft
sale price: £480,000
sale date: 8 Mar 2021

Data Sources

The property at 40 Times Square, London, E1 8GD appears three times in the Land Registry records, with the latest transaction recorded on 21 Jun 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 18 Mar 2021. 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.