50 Millennium Place, London, E2 9NL is a leasehold flat built between 1996-2002. The property offers approximately 377 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £342,151 , which equates to approximately £908 per square foot. It was last sold on 17 Jan 2017 for £350,000. Since then, the value has decreased by £7,849, representing a 2.2% decrease, or approximately 0.3% per year.

The current estimated value of £342,151 is:

  • 4.5% lower than the average property price on Millennium Place
  • 11.7% lower than the average in the E2 9NL postcode area
  • and 60.9% lower than the average price for London as a whole

At the most recent EPC inspection on 5 October 2016, the property was recorded as owner-occupied.

View sold house prices in E2 9NL

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
377 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£342,151
Price Per sq ft (estimate)
£908
Bedroom Count (estimate)
1 bedroom

EPC Summary

50 Millennium Place, London, Tower Hamlets, Greater London Authority, E2 9NL has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 5 Oct 2016.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 21 Feb 2009, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 4.9%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 100 mm loft insulation to pitched, 250 mm loft insulation, improving energy efficiency from average to good.
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in 80% of fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 250 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 80% of fixed outlets
Very Good

Compared to E2 9NL

26 th / 43
Price Rank
12% lower than average
35 th / 37
Size Rank
25% smaller than average
3 rd / 37
Price Per Sq FT Rank
18% higher than average

Compared to other properties in E2 9NL , this flat's estimated value ranks 26th out of 43. Based on price per square foot, it ranks 3rd out of 37 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 35th out of 37 properties in its postcode area.

Sale History

Today
£342,151
streetscan.co.uk estimate
-2 %
17 Jan 2017
£350,000
Leasehold
+71.6 %
18 May 2012
£204,000
Leasehold
+35.1 %
30 Aug 2002
£151,000
Leasehold
+174.5 %
27 Jun 1997
£55,000
Leasehold
+10 %
28 Apr 1995
£49,995
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 398 sq ft
sale price: £315,000
sale date: 7 Mar 2024
rooms: 2
size: 431 sq ft
sale price: £187,500
sale date: 13 Feb 2006
rooms: 2
size: 431 sq ft
sale price: £185,000
sale date: 30 Sep 2005
rooms: 2
size: 431 sq ft
sale price: £170,000
sale date: 3 May 2005
rooms: 2
size: 334 sq ft
sale price: £160,000
sale date: 28 Nov 2003

Data Sources

The property at 50 Millennium Place, London, E2 9NL appears five times in the Land Registry records, with the latest transaction recorded on 17 Jan 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 5 Oct 2016. 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.