55 Essex Street, London, E7 0HL is a leasehold flat built between 1950-1966. The property offers approximately 527 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £275,845 , which equates to approximately £523 per square foot. It was last sold on 11 Mar 2022 for £270,000. Since then, the value has increased by £5,845, representing a 2.2% increase, or approximately 0.6% per year.

The current estimated value of £275,845 is:

  • 76.7% lower than the average property price on Essex Street
  • 39.3% lower than the average in the E7 0HL postcode area
  • and 68.5% lower than the average price for London as a whole

View sold house prices in E7 0HL

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
527 sq ft
Tenure
Leasehold
Price (estimate)
£275,845
Price Per sq ft (estimate)
£523
Bedroom Count (estimate)
1 bedroom

EPC Summary

55 Essex Street, London, Newham, Greater London Authority, E7 0HL has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 18 Jan 2019.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 7 Nov 2008, when the property was rated C. The current rating of E reflects a decline in energy efficiency of 27.1%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from boiler and radiators, mains gas to room heaters, electric, changing energy efficiency from good to very poor.
  • The hot water system was changed from from main system to electric immersion, standard tariff, with its energy efficiency changing from good to very poor.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E7 0HL

33 rd / 39
Price Rank
39% lower than average
25 th / 29
Size Rank
35% smaller than average
10 th / 29
Price Per Sq FT Rank
7% lower than average

Compared to other properties in E7 0HL , this flat's estimated value ranks 33th out of 39. Based on price per square foot, it ranks 10th out of 29 properties. In terms of size, this home ranks 25th out of 29 properties in its postcode area.

Sale History

Today
£275,845
streetscan.co.uk estimate
+2 %
11 Mar 2022
£270,000
Leasehold
+80 %
12 Dec 2008
£150,000
Leasehold
+15.4 %
13 Aug 2008
£130,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 570 sq ft
sale price: £220,000
sale date: 5 Jan 2015
rooms: 3
size: 570 sq ft
sale price: £71,000
sale date: 19 Jul 2000
rooms: 3
size: 484 sq ft
sale price: £46,995
sale date: 19 Apr 1999
rooms: 3
size: 517 sq ft
sale price: £40,000
sale date: 27 Nov 1998

Data Sources

The property at 55 Essex Street, London, E7 0HL appears three times in the Land Registry records, with the latest transaction recorded on 11 Mar 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 18 Jan 2019. 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.