8 Rainhill Way, London, E3 3JD is a leasehold flat built between 1983-1990. The property offers approximately 452 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 £292,081 , which equates to approximately £646 per square foot. It was last sold on 16 Dec 2016 for £300,000. Since then, the value has decreased by £7,919, representing a 2.6% decrease, or approximately 0.3% per year.

The current estimated value of £292,081 is:

  • 12.3% lower than the average property price on Rainhill Way
  • 8.8% lower than the average in the E3 3JD postcode area
  • and 66.6% lower than the average price for London as a whole

At the most recent EPC inspection on 24 April 2023, the property was recorded as owner-occupied.

View sold house prices in E3 3JD

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
452 sq ft
Tenure
Leasehold
Price (estimate)
£292,081
Price Per sq ft (estimate)
£646
Bedroom Count (estimate)
1 bedroom

EPC Summary

8 Rainhill Way, London, Tower Hamlets, Greater London, E3 3JD has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 24 Apr 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 19 Jan 2010, when the property was rated E. Since then, the rating has improved to C, with the energy efficiency score increasing by 64.3%.

Since the previous assessment, several changes were observed:

  • The heating system changed from community scheme, mains gas to community scheme, with no change in energy efficiency (good).
  • The hot water system was changed from from main system to community scheme, with its energy efficiency improving from average to good.
  • The roof construction or insulation changed from pitched, no insulation to (another dwelling above), changing energy efficiency from very poor to n/a.
  • 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 windows were upgraded from single glazed to fully double glazed.
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E3 3JD

12 th / 24
Price Rank
9% lower than average
19 th / 22
Size Rank
26% smaller than average
3 rd / 22
Price Per Sq FT Rank
23% higher than average

Compared to other properties in E3 3JD , this flat's estimated value ranks 12th out of 24. Based on price per square foot, it ranks 3rd out of 22 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 19th out of 22 properties in its postcode area.

Sale History

Today
£292,081
streetscan.co.uk estimate
-3 %
16 Dec 2016
£300,000
Leasehold
+130.8 %
17 Sep 2004
£130,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 441 sq ft
sale price: £260,000
sale date: 14 Mar 2024
rooms: 2
size: 420 sq ft
sale price: £308,000
sale date: 20 Oct 2023
rooms: 2
size: 506 sq ft
sale price: £288,575
sale date: 25 Sep 2017
rooms: 2
size: 409 sq ft
sale price: £283,650
sale date: 25 Sep 2017
rooms: 2
size: 495 sq ft
sale price: £295,500
sale date: 25 Sep 2017

Data Sources

The property at 8 Rainhill Way, London, E3 3JD appears two times in the Land Registry records, with the latest transaction recorded on 16 Dec 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Apr 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.


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