Flat 11, 224 Stepney Way, London, E1 3EZ is a leasehold flat built between 2003-2006. The property offers approximately 484 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £356,150 , which equates to approximately £735 per square foot. It was last sold on 22 Nov 2006 for £205,000. Since then, the value has increased by £151,150, representing a 73.7% increase, or approximately 3.9% per year.

The current estimated value of £356,150 is:

  • 61.5% lower than the average property price on Stepney Way
  • 4.5% higher than the average in the E1 3EZ postcode area
  • and 59.3% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 7 October 2022, the property was recorded as owner-occupied.

View sold house prices in E1 3EZ

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
484 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£356,150
Price Per sq ft (estimate)
£735
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 11, 224 Stepney Way, London, Tower Hamlets, Greater London, E1 3EZ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 7 Oct 2022.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 23 Feb 2011. The rating of C remains the same, but the energy efficiency score improved by 8.3%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to poor.
  • The lighting was updated from low energy lighting in all fixed outlets to low energy lighting in 64% of fixed outlets, with efficiency changing from very good to good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 64% of fixed outlets
Good

Compared to E1 3EZ

26 th / 44
Price Rank
4% higher than average
42 nd / 44
Size Rank
17% smaller than average
6 th / 44
Price Per Sq FT Rank
26% higher than average

Compared to other properties in E1 3EZ , this flat's estimated value ranks 26th out of 44. Based on price per square foot, it ranks 6th out of 44 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 42th out of 44 properties in its postcode area.

Sale History

Today
£356,150
streetscan.co.uk estimate
+74 %
22 Nov 2006
£205,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 506 sq ft
sale price: £310,000
sale date: 30 Sep 2024
rooms: 2
size: 549 sq ft
sale price: £346,830
sale date: 15 Sep 2023
rooms: 2
size: 527 sq ft
sale price: £322,500
sale date: 8 Sep 2023
rooms: 2
size: 474 sq ft
sale price: £275,000
sale date: 26 Jun 2023
rooms: 2
size: 527 sq ft
sale price: £108,000
sale date: 19 Aug 2022

Data Sources

The property at Flat 11, 224 Stepney Way, London, Tower Hamlets, Greater London, E1 3EZ appears once in the Land Registry records, with the transaction recorded on 22 Nov 2006. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 7 Oct 2022. 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.