Apartment 8, Axis Apartments, 2 Avantgarde Place, London, E1 6GT is a leasehold flat built in 2012 onwards. The property offers approximately 495 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 £400,635 , which equates to approximately £809 per square foot. It was last sold on 20 Jan 2014 for £317,500. Since then, the value has increased by £83,135, representing a 26.2% increase, or approximately 2.2% per year.

The current estimated value of £400,635 is:

  • 38.6% lower than the average property price on Avantgarde Place
  • 37.3% lower than the average in the E1 6GT postcode area
  • and 54.2% lower than the average price for London as a whole

At the most recent EPC inspection on 1 August 2024, the property was recorded as rented.

View sold house prices in E1 6GT

Building approximate location

About Property

Type
Flat
Built
2012 onwards
Interior Size
495 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£400,635
Price Per sq ft (estimate)
£809
Bedroom Count (estimate)
1 bedroom

EPC Summary

Apartment 8, Axis Apartments, 2 Avantgarde Place, London, Tower Hamlets, Greater London, E1 6GT has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 1 Aug 2024.

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 13 May 2013. The rating of B is unchanged, though the energy efficiency score decreased by 8%.

Since the previous assessment, several changes were observed:

  • The heating system changed from warm air , electric to community scheme, with no change in energy efficiency (good).
  • The hot water energy efficiency changing from very good to good, while the system remained as community scheme.
  • The roof construction or insulation changed from average thermal transmittance 0 w/m?k to (another dwelling above), changing energy efficiency from good to n/a.
  • The wall construction or insulation changed from average thermal transmittance 0.24 w/m?k to system built, as built, insulated (assumed), with no change in energy efficiency (very good).
  • The windows were upgraded from high performance glazing to fully double glazed.
  • The lighting was updated from low energy lighting in all fixed outlets to no low energy lighting, with efficiency changing from very good to very poor.
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Walls
System built, as built, insulated (assumed)
Very Good
Windows
Fully double glazed
Good
Lighting
No low energy lighting
Very Poor

Compared to E1 6GT

20 th / 22
Price Rank
37% lower than average
22 nd / 22
Size Rank
27% smaller than average
16 th / 22
Price Per Sq FT Rank
14% lower than average

Compared to other properties in E1 6GT , this flat's estimated value ranks 20th out of 22. Based on price per square foot, it ranks 16th out of 22 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 22th out of 22 properties in its postcode area.

Sale History

Today
£400,635
streetscan.co.uk estimate
+26 %
20 Jan 2014
£317,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 527 sq ft
sale price: £523,000
sale date: 3 May 2024
rooms: 2
size: 506 sq ft
sale price: £445,000
sale date: 28 Jan 2014
rooms: 3
size: 517 sq ft
sale price: £312,500
sale date: 17 Jan 2014
rooms: 2
size: 527 sq ft
sale price: £585,000
sale date: 18 Dec 2024
rooms: 2
size: 441 sq ft
sale price: £400,000
sale date: 6 Dec 2024

Data Sources

The property at Apartment 8, Axis Apartments, 2 Avantgarde Place, London, Tower Hamlets, Greater London, E1 6GT appears once in the Land Registry records, with the transaction recorded on 20 Jan 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 1 Aug 2024. 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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