Flat 10, Vermilion Apartments, 16 Gunmakers Lane, London, E3 5GG is a leasehold flat built between 2007-2011. The property offers approximately 926 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £760,830 , which equates to approximately £822 per square foot. It was last sold on 8 Jul 2014 for £645,000. Since then, the value has increased by £115,830, representing a 18.0% increase, or approximately 1.6% per year.

The current estimated value of £760,830 is:

  • 51.1% higher than the average property price on Gunmakers Lane
  • 46.6% higher than the average in the E3 5GG postcode area
  • and 13.1% lower than the average price for London as a whole

At the most recent EPC inspection on 18 March 2024, the property was recorded as rented.

View sold house prices in E3 5GG

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
926 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£760,830
Price Per sq ft (estimate)
£822
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 10, Vermilion Apartments, 16 Gunmakers Lane, London, Tower Hamlets, Greater London, E3 5GG has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 18 Mar 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 1 Nov 2013. The rating of B is unchanged, though the energy efficiency score decreased by 4.7%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from very good to good, while the heating system type remained the same (community scheme).
  • 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 0.16 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 0.20 w/m?k to cavity wall, as built, insulated (assumed), changing energy efficiency from very good to good.
  • The windows were upgraded from high performance glazing to fully double glazed.
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E3 5GG

4 th / 45
Price Rank
47% higher than average
1 st / 45
Size Rank
50% bigger than average
14 th / 45
Price Per Sq FT Rank
2% lower than average

Compared to other properties in E3 5GG , this flat's estimated value ranks 4th out of 45. Based on price per square foot, it ranks 14th out of 45 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 1st out of 45 properties in its postcode area.

Sale History

Today
£760,830
streetscan.co.uk estimate
+18 %
8 Jul 2014
£645,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 915 sq ft
sale price: £780,000
sale date: 1 Sep 2023
rooms: 3
size: 797 sq ft
sale price: £425,000
sale date: 17 Apr 2014
rooms: 3
size: 797 sq ft
sale price: £530,000
sale date: 20 Mar 2014
rooms: 3
size: 840 sq ft
sale price: £690,000
sale date: 30 Jun 2021
rooms: 3
size: 797 sq ft
sale price: £710,000
sale date: 31 Aug 2016

Data Sources

The property at Flat 10, Vermilion Apartments, 16 Gunmakers Lane, London, Tower Hamlets, Greater London, E3 5GG appears once in the Land Registry records, with the transaction recorded on 8 Jul 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 18 Mar 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.


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.