7 Wood Close, London, E2 6ET is a leasehold flat built between 1983-1990. 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 £295,727 , which equates to approximately £561 per square foot. It was last sold on 14 May 1999 for £70,000. Since then, the value has increased by £225,727, representing a 322.5% increase, or approximately 12.1% per year.

The current estimated value of £295,727 is:

  • 42.8% lower than the average property price on Wood Close
  • 41.7% lower than the average in the E2 6ET postcode area
  • and 66.2% lower than the average price for London as a whole

At the most recent EPC inspection on 27 September 2022, the property was recorded as rented.

View sold house prices in E2 6ET

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
527 sq ft
Tenure
Leasehold
Price (estimate)
£295,727
Price Per sq ft (estimate)
£561
Bedroom Count (estimate)
1 bedroom

EPC Summary

7 Wood Close, London, Tower Hamlets, Greater London, E2 6ET has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 27 Sep 2022.

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 6 Sep 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 wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, as built, insulated (assumed), improving energy efficiency from poor to good.
  • 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
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 88% of fixed outlets
Very Good

Compared to E2 6ET

19 th / 21
Price Rank
42% lower than average
15 th / 20
Size Rank
15% smaller than average
20 th / 20
Price Per Sq FT Rank
31% lower than average

Compared to other properties in E2 6ET , this flat's estimated value ranks 19th out of 21. Based on price per square foot, it ranks 20th out of 20 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 15th out of 20 properties in its postcode area.

Sale History

Today
£295,727
streetscan.co.uk estimate
+322 %
14 May 1999
£70,000
Leasehold

Area Insights

Similar Properties Sold Nearby

5 Wood Close, London, E2 6ET
rooms: 2
size: 527 sq ft
sale price: £425,000
sale date: 29 Jun 2021
11 Wood Close, London, E2 6ET
rooms: 3
size: 603 sq ft
sale price: £425,000
sale date: 23 Nov 2018
14 Wood Close, London, E2 6ET
rooms: 2
size: 603 sq ft
sale price: £420,000
sale date: 6 Sep 2018
15 Wood Close, London, E2 6ET
rooms: 2
size: 549 sq ft
sale price: £355,000
sale date: 2 Apr 2015
6 Wood Close, London, E2 6ET
rooms: 3
size: 506 sq ft
sale price: £335,000
sale date: 28 Aug 2013

Data Sources

The property at 7 Wood Close, London, Tower Hamlets, Greater London, E2 6ET appears once in the Land Registry records, with the transaction recorded on 14 May 1999. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 27 Sep 2022. 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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