42 Gales Gardens, London, E2 0EJ is a leasehold flat built between 1967-1975. The property offers approximately 764 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £385,313 , which equates to approximately £504 per square foot. It was last sold on 31 Mar 2003 for £180,000. Since then, the value has increased by £205,313, representing a 114.1% increase, or approximately 5.0% per year.

The current estimated value of £385,313 is:

  • 1.9% higher than the average property price on Gales Gardens
  • 2.9% lower than the average in the E2 0EJ postcode area
  • and 56.0% lower than the average price for London as a whole

At the most recent EPC inspection on 11 November 2023, the property was recorded as rented.

View sold house prices in E2 0EJ

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
764 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£385,313
Price Per sq ft (estimate)
£504
Bedroom Count (estimate)
2 bedrooms

EPC Summary

42 Gales Gardens, London, Tower Hamlets, Greater London, E2 0EJ has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 11 Nov 2023.

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 8 May 2009. The rating of D is unchanged, though the energy efficiency score decreased by 1.6%.

Since the previous assessment, several changes were observed:

  • The hot water system changed from from main system to community scheme, with no change in energy efficiency (good).
  • The wall energy efficiency changing from good to average, with the construction or insulation remaining cavity wall, filled cavity.
  • The lighting was updated from no low energy lighting to low energy lighting in 82% of fixed outlets, with efficiency improving from very poor to very good.
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 82% of fixed outlets
Very Good

Compared to E2 0EJ

13 th / 18
Price Rank
3% lower than average
13 th / 16
Size Rank
8% smaller than average
6 th / 16
Price Per Sq FT Rank
5% higher than average

Compared to other properties in E2 0EJ , this flat's estimated value ranks 13th out of 18. Based on price per square foot, it ranks 6th out of 16 properties. In terms of size, this home ranks 13th out of 16 properties in its postcode area.

Sale History

Today
£385,313
streetscan.co.uk estimate
+114 %
31 Mar 2003
£180,000
Leasehold
+414.3 %
31 Mar 1995
£35,000
Leasehold

Area Insights

Similar Properties Sold Nearby

39 Gales Gardens, London, E2 0EJ
rooms: 4
size: 721 sq ft
sale price: £410,000
sale date: 14 Jul 2015
16 Gales Gardens, London, E2 0EJ
rooms: 3
size: 764 sq ft
sale price: £165,000
sale date: 14 Nov 2003
5 Gales Gardens, London, E2 0EJ
rooms: 4
size: 759 sq ft
sale price: £180,000
sale date: 20 Mar 2003

Data Sources

The property at 42 Gales Gardens, London, E2 0EJ appears two times in the Land Registry records, with the latest transaction recorded on 31 Mar 2003. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 11 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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