Flat 11, Ares Court Homer Drive, London, E14 3UL is a leasehold flat built between 1991-1995. The property offers approximately 527 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 £267,131 , which equates to approximately £507 per square foot. It was last sold on 9 Feb 2022 for £300,000. Since then, the value has decreased by £32,869, representing a 11.0% decrease, or approximately 2.9% per year.

The current estimated value of £267,131 is:

  • 50.8% lower than the average property price on Homer Drive
  • 35.5% lower than the average in the E14 3UL postcode area
  • and 69.5% lower than the average price for London as a whole

View sold house prices in E14 3UL

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
527 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£267,131
Price Per sq ft (estimate)
£507
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 11, Ares Court Homer Drive, London, Tower Hamlets, Greater London Authority, E14 3UL has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 3 Aug 2020.

This property uses electric ceiling heating 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 20 May 2010. The rating of D remains the same, but the energy efficiency score improved by 6.6%.

Since the previous assessment, several changes were observed:

  • 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 33% of fixed outlets to low energy lighting in 83% of fixed outlets, with efficiency improving from average to very good.
Heating Type
Electric ceiling heating
Very Poor
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 83% of fixed outlets
Very Good

Compared to E14 3UL

5 th / 16
Price Rank
35% lower than average
12 th / 16
Size Rank
17% smaller than average
3 rd / 16
Price Per Sq FT Rank
22% lower than average

Compared to other properties in E14 3UL , this flat's estimated value ranks 5th out of 16. Based on price per square foot, it ranks 3rd out of 16 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 12th out of 16 properties in its postcode area.

Sale History

Today
£267,131
streetscan.co.uk estimate
-11 %
9 Feb 2022
£300,000
Leasehold
+76.5 %
3 May 2002
£169,995
Leasehold
+36 %
4 Aug 2000
£125,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 538 sq ft
sale price: £367,000
sale date: 24 Jan 2019
rooms: 2
size: 578 sq ft
sale price: £355,000
sale date: 13 Sep 2017
rooms: 2
size: 570 sq ft
sale price: £340,000
sale date: 18 Jul 2017
rooms: 2
size: 517 sq ft
sale price: £299,995
sale date: 10 Sep 2014
rooms: 2
size: 530 sq ft
sale price: £267,500
sale date: 7 Oct 2013

Data Sources

The property at Flat 11, Ares Court Homer Drive, London, E14 3UL appears three times in the Land Registry records, with the latest transaction recorded on 9 Feb 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 3 Aug 2020. 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.