Flat 10, Gainsborough House, 7 Victory Place, London, E14 8BG is a leasehold flat built between 1996-2002. The property offers approximately 506 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £511,315 , which equates to approximately £1,011 per square foot. It was last sold on 7 Dec 2012 for £337,500. Since then, the value has increased by £173,815, representing a 51.5% increase, or approximately 4.0% per year.

The current estimated value of £511,315 is:

  • 25.8% lower than the average property price on Victory Place
  • 29.8% lower than the average in the E14 8BG postcode area
  • and 41.6% lower than the average price for London as a whole

At the most recent EPC inspection on 14 May 2019, the property was recorded as owner-occupied.

View sold house prices in E14 8BG

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
506 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£511,315
Price Per sq ft (estimate)
£1,011
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 10, Gainsborough House, 7 Victory Place, London, Tower Hamlets, Greater London Authority, E14 8BG has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 14 May 2019.

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 18 Sep 2016, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 9.6%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency changing from good to average, while the system remained as from main system.
  • The wall construction or insulation changed from timber frame, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 78% of fixed outlets to low energy lighting in 50% of fixed outlets, with efficiency changing from very good to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to E14 8BG

53 rd / 61
Price Rank
30% lower than average
43 rd / 53
Size Rank
34% smaller than average
31 st / 53
Price Per Sq FT Rank
6% higher than average

Compared to other properties in E14 8BG , this flat's estimated value ranks 53th out of 61. Based on price per square foot, it ranks 31th out of 53 properties. In terms of size, this home ranks 43th out of 53 properties in its postcode area.

Sale History

Today
£511,315
streetscan.co.uk estimate
+52 %
7 Dec 2012
£337,500
Leasehold
+39.2 %
28 Jan 2005
£242,500
Leasehold
+26.3 %
15 Dec 2000
£192,000
Leasehold
+54.8 %
16 Oct 1998
£124,000
Leasehold
+19.8 %
22 Jul 1997
£103,500
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 11, Gainsborough House, 7 Victory Place, London, E14 8BG
rooms: 2
size: 484 sq ft
sale price: £460,000
sale date: 26 Sep 2024
Flat 3, Gainsborough House, 7 Victory Place, London, E14 8BG
rooms: 2
size: 527 sq ft
sale price: £470,000
sale date: 15 Feb 2024
Flat 13, Drake House, 4 Victory Place, London, E14 8BG
rooms: 2
size: 495 sq ft
sale price: £450,000
sale date: 30 Jun 2021
Flat 6, Gainsborough House, 7 Victory Place, London, E14 8BG
rooms: 2
size: 497 sq ft
sale price: £440,000
sale date: 16 Oct 2020
Flat 11, Drake House, 4 Victory Place, London, E14 8BG
rooms: 2
size: 581 sq ft
sale price: £460,000
sale date: 5 Aug 2019

Data Sources

The property at Flat 10, Gainsborough House, 7 Victory Place, London, E14 8BG appears five times in the Land Registry records, with the latest transaction recorded on 7 Dec 2012. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 14 May 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.
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