Apartment 7, Tapestry Building, 16 New Street, London, EC2M 4TR is a leasehold flat built between 1900-1929. The property offers approximately 2,379 square feet of living space and is situated on the 5th floor. In this location, apartments of similar size usually have six bedrooms.

The estimated current market value of the property is £1,884,496 , which equates to approximately £792 per square foot. It was last sold on 29 Apr 2024 for £2,200,000. Since then, the value has decreased by £315,504, representing a 14.3% decrease, or approximately 8.9% per year.

The current estimated value of £1,884,496 is:

  • 76.5% lower than the average property price on New Street
  • 1.7% lower than the average in the EC2M 4TR postcode area
  • and 115.3% higher than the average price for London as a whole

At the most recent EPC inspection on 16 November 2020, the property was recorded as rented.

View sold house prices in EC2M 4TR

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
2379 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£1,884,496
Price Per sq ft (estimate)
£792
Bedroom Count (estimate)
6 bedrooms

EPC Summary

Apartment 7, Tapestry Building, 16 New Street, London, City Of London, Greater London, EC2M 4TR has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 16 Nov 2020.

This property is heated by an air source heat pump and underfloor heating. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

Heating Type
Air source heat pump, underfloor, electric
Poor
Hot Water
Electric immersion, off-peak
Average
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 70% of fixed outlets
Very Good

Compared to EC2M 4TR

4 th / 12
Price Rank
2% lower than average
1 st / 3
Size Rank
12% bigger than average
2 nd / 3
Price Per Sq FT Rank
12% lower than average

Compared to other properties in EC2M 4TR , this flat's estimated value ranks 4th out of 12.

Sale History

Today
£1,884,496
streetscan.co.uk estimate
-14 %
29 Apr 2024
£2,200,000
Leasehold
-4.3 %
14 Aug 2013
£2,300,000
Leasehold

Area Insights

Nearby Properties

rooms: 3
size: 1399 sq ft
sale price: £1,400,000
sale date: 21 Feb 2024
rooms: 3
size: 2250 sq ft
sale price: £2,250,000
sale date: 18 Dec 2014

Data Sources

The property at Apartment 7, Tapestry Building, 16 New Street, London, EC2M 4TR appears two times in the Land Registry records, with the latest transaction recorded on 29 Apr 2024. It also has a single Energy Performance Certificate (EPC) from 16 Nov 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.