41 Morecambe Close, London, E1 4NH is a leasehold flat built between 1991-1995. The property offers approximately 517 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 £292,104 , which equates to approximately £565 per square foot. It was last sold on 29 Sep 2021 for £325,000. Since then, the value has decreased by £32,896, representing a 10.1% decrease, or approximately 2.4% per year.

The current estimated value of £292,104 is:

  • 2.2% higher than the average property price on Morecambe Close
  • 10.6% lower than the average in the E1 4NH postcode area
  • and 66.6% lower than the average price for London as a whole

At the most recent EPC inspection on 7 June 2021, the property was recorded as rented.

View sold house prices in E1 4NH

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
517 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£292,104
Price Per sq ft (estimate)
£565
Bedroom Count (estimate)
1 bedroom

EPC Summary

41 Morecambe Close, London, Tower Hamlets, Greater London, E1 4NH has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 7 Jun 2021.

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 10 Mar 2011. The rating of C is unchanged, though the energy efficiency score decreased by 1.4%.

Since the previous assessment, several changes were observed:

  • The heating system changed from community scheme, mains gas to community scheme, with no change in energy efficiency (good).
  • The hot water system changed from electric immersion, standard tariff to community scheme, with no change in energy efficiency (good).
  • The roof construction or insulation changed from pitched, 50 mm loft insulation to pitched, insulated (assumed), improving energy efficiency from average to good.
  • The windows were upgraded from single glazed to fully double glazed.
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in 88% of fixed outlets, with efficiency improving from good to very good.
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Roof
Pitched, insulated (assumed)
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 88% of fixed outlets
Very Good

Compared to E1 4NH

13 th / 14
Price Rank
11% lower than average
7 th / 8
Size Rank
8% smaller than average
4 th / 8
Price Per Sq FT Rank
3% lower than average

Compared to other properties in E1 4NH , this flat's estimated value ranks 13th out of 14. Based on price per square foot, it ranks 4th out of 8 properties. In terms of size, this home ranks 7th out of 8 properties in its postcode area.

Sale History

Today
£292,104
streetscan.co.uk estimate
-10 %
29 Sep 2021
£325,000
Leasehold
+242.1 %
16 Jul 2001
£95,000
Leasehold
+137.5 %
4 Dec 1997
£40,000
Leasehold

Area Insights

Similar Properties Sold Nearby

61 Morecambe Close, London, E1 4NH
rooms: 2
size: 506 sq ft
sale price: £350,000
sale date: 30 Jun 2021
48 Morecambe Close, London, E1 4NH
rooms: 2
size: 549 sq ft
sale price: £365,000
sale date: 24 Aug 2018
20 Morecambe Close, London, E1 4NH
rooms: 2
size: 538 sq ft
sale price: £325,000
sale date: 7 Jun 2017
32 Morecambe Close, London, E1 4NH
rooms: 2
size: 560 sq ft
sale price: £264,950
sale date: 1 Oct 2014
29 Morecambe Close, London, E1 4NH
rooms: 2
size: 560 sq ft
sale price: £150,000
sale date: 30 Jun 2004

Data Sources

The property at 41 Morecambe Close, London, E1 4NH appears three times in the Land Registry records, with the latest transaction recorded on 29 Sep 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 7 Jun 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.
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