Flat 11, Drake House, 4 Victory Place, London, E14 8BG is a leasehold flat built between 1996-2002. The property offers approximately 581 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 £466,321 , which equates to approximately £802 per square foot. It was last sold on 5 Aug 2019 for £460,000. Since then, the value has increased by £6,321, representing a 1.4% increase, or approximately 0.2% per year.

The current estimated value of £466,321 is:

  • 32.4% lower than the average property price on Victory Place
  • 36.0% lower than the average in the E14 8BG postcode area
  • and 46.7% 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 23 September 2024, 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
581 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£466,321
Price Per sq ft (estimate)
£802
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 11, Drake House, 4 Victory Place, London, Tower Hamlets, Greater London, E14 8BG has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 23 Sep 2024.

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 14 May 2012. The rating of C is unchanged, though the energy efficiency score decreased by 3.9%.

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 average to very poor, while the system remained as from main system.
  • The lighting was updated from no low energy lighting to low energy lighting in 94% of fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, electric
Very Poor
Hot Water
From main system
Very Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 94% of fixed outlets
Very Good

Compared to E14 8BG

54 th / 61
Price Rank
36% lower than average
37 th / 53
Size Rank
24% smaller than average
48 th / 53
Price Per Sq FT Rank
16% lower than average

Compared to other properties in E14 8BG , this flat's estimated value ranks 54th out of 61. Based on price per square foot, it ranks 48th out of 53 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 37th out of 53 properties in its postcode area.

Sale History

Today
£466,321
streetscan.co.uk estimate
+1 %
5 Aug 2019
£460,000
Leasehold
+84 %
7 Jul 2006
£249,999
Leasehold
0 %
5 Oct 2005
£249,995
Leasehold
+92.3 %
1 Oct 1999
£130,000
Leasehold
+37.6 %
2 Oct 1996
£94,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 527 sq ft
sale price: £470,000
sale date: 15 Feb 2024
rooms: 2
size: 495 sq ft
sale price: £450,000
sale date: 30 Jun 2021
rooms: 2
size: 497 sq ft
sale price: £440,000
sale date: 16 Oct 2020
rooms: 2
size: 606 sq ft
sale price: £435,000
sale date: 29 May 2020
rooms: 2
size: 506 sq ft
sale price: £337,500
sale date: 7 Dec 2012

Data Sources

The property at Flat 11, Drake House, 4 Victory Place, London, E14 8BG appears five times in the Land Registry records, with the latest transaction recorded on 5 Aug 2019. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 23 Sep 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.