55 Basin Approach, London, E14 7JA is a leasehold flat built between 1996-2002. The property offers approximately 484 square feet of living space and is situated on the 4th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £575,400 , which equates to approximately £1,188 per square foot. It was last sold on 8 Apr 2002 for £234,000. Since then, the value has increased by £341,400, representing a 145.9% increase, or approximately 6.2% per year.

The current estimated value of £575,400 is:

  • 12.5% lower than the average property price on Basin Approach
  • 20.0% lower than the average in the E14 7JA postcode area
  • and 34.3% lower than the average price for London as a whole

View sold house prices in E14 7JA

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
484 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£575,400
Price Per sq ft (estimate)
£1,188
Bedroom Count (estimate)
1 bedroom

EPC Summary

55 Basin Approach, London, Tower Hamlets, Greater London Authority, E14 7JA has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 24 Feb 2020.

This property uses electric room 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 22 Feb 2010. The rating of C is unchanged, though the energy efficiency score decreased by 2.6%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric underfloor heating to room heaters, electric, changing energy efficiency from poor to very poor.
  • The lighting was updated from no low energy lighting to low energy lighting in 57% of fixed outlets, with efficiency improving from very poor to good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 57% of fixed outlets
Good

Compared to E14 7JA

49 th / 62
Price Rank
20% lower than average
41 st / 53
Size Rank
39% smaller than average
7 th / 53
Price Per Sq FT Rank
32% higher than average

Compared to other properties in E14 7JA , this flat's estimated value ranks 49th out of 62. Based on price per square foot, it ranks 7th out of 53 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 41th out of 53 properties in its postcode area.

Sale History

Today
£575,400
streetscan.co.uk estimate
+146 %
8 Apr 2002
£234,000
Leasehold
+37.6 %
7 Feb 2001
£170,000
Leasehold

Area Insights

Similar Properties Sold Nearby

2 Basin Approach, London, E14 7JA
rooms: 2
size: 517 sq ft
sale price: £450,000
sale date: 29 Jun 2021
13 Basin Approach, London, E14 7JA
rooms: 2
size: 452 sq ft
sale price: £400,000
sale date: 16 Aug 2019
4 Basin Approach, London, E14 7JA
rooms: 2
size: 484 sq ft
sale price: £395,000
sale date: 18 Jul 2019
32 Basin Approach, London, E14 7JA
rooms: 2
size: 495 sq ft
sale price: £250,000
sale date: 10 Dec 2010
15 Basin Approach, London, E14 7JA
rooms: 3
size: 441 sq ft
sale price: £295,000
sale date: 27 Oct 2010

Data Sources

The property at 55 Basin Approach, London, E14 7JA appears two times in the Land Registry records, with the latest transaction recorded on 8 Apr 2002. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Feb 2020. 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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