Flat 11, 2 Menai Place, London, E3 2BF is a leasehold flat built between 1996-2002. The property offers approximately 1,259 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have four bedrooms.

The estimated current market value of the property is £530,420 , which equates to approximately £421 per square foot. It was last sold on 11 Jun 2003 for £250,000. Since then, the value has increased by £280,420, representing a 112.2% increase, or approximately 5.0% per year.

The current estimated value of £530,420 is:

  • 16.5% higher than the average property price on Menai Place
  • 11.1% higher than the average in the E3 2BF postcode area
  • and 39.4% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 19 January 2023, the property was recorded as rented.

View sold house prices in E3 2BF

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
1259 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£530,420
Price Per sq ft (estimate)
£421
Bedroom Count (estimate)
4 bedrooms

EPC Summary

Flat 11, 2 Menai Place, London, Tower Hamlets, Greater London, E3 2BF has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 19 Jan 2023.

This property uses an electric boiler with radiators 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 22 Aug 2012, when the property was rated C. The current rating of E reflects a decline in energy efficiency of 38.5%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from boiler and radiators, mains gas to boiler and radiators, electric, changing energy efficiency from good to very poor.
  • The hot water energy efficiency changing from good to very poor, while the system remained as from main system.
  • The roof construction or insulation changed from roof room(s), insulated (assumed) to pitched, insulated (assumed), changing energy efficiency from good to average.
  • The wall construction or insulation changed from system built, 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 10% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Boiler and radiators, electric
Very Poor
Hot Water
From main system
Very Poor
Roof
Pitched, insulated (assumed)
Average
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 2BF

7 th / 26
Price Rank
11% higher than average
2 nd / 26
Size Rank
55% bigger than average
26 th / 26
Price Per Sq FT Rank
28% lower than average

Compared to other properties in E3 2BF , this flat's estimated value ranks 7th out of 26. Based on price per square foot, it ranks 26th out of 26 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 2nd out of 26 properties in its postcode area.

Sale History

Today
£530,420
streetscan.co.uk estimate
+112 %
11 Jun 2003
£250,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 1163 sq ft
sale price: £510,000
sale date: 20 Dec 2023
rooms: 4
size: 1119 sq ft
sale price: £560,000
sale date: 7 Oct 2020
rooms: 4
size: 1173 sq ft
sale price: £518,533
sale date: 17 Feb 2017
rooms: 4
size: 1259 sq ft
sale price: £290,000
sale date: 30 Apr 2003

Data Sources

The property at Flat 11, 2 Menai Place, London, Tower Hamlets, Greater London, E3 2BF appears once in the Land Registry records, with the transaction recorded on 11 Jun 2003. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 19 Jan 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.


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.