Flat 11, Gainsborough House, 7 Victory Place, London, E14 8BG is a leasehold flat built between 1996-2002. The property offers approximately 484 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 £442,912 , which equates to approximately £914 per square foot. It was last sold on 26 Sep 2024 for £460,000. Since then, the value has decreased by £17,088, representing a 3.7% decrease, or approximately 3.1% per year.

The current estimated value of £442,912 is:

  • 35.8% lower than the average property price on Victory Place
  • 39.2% lower than the average in the E14 8BG postcode area
  • and 49.4% lower than the average price for London as a whole

At the most recent EPC inspection on 10 May 2024, the property was recorded as rented.

View sold house prices in E14 8BG

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
484 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£442,912
Price Per sq ft (estimate)
£914
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 11, Gainsborough House, 7 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 10 May 2024.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, 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 9 Jan 2011. The rating of C remains the same, but the energy efficiency score improved by 2.6%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency changing from good to average, while the system remained as from main system.
  • The lighting was updated from low energy lighting in 60% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
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 E14 8BG

57 th / 61
Price Rank
39% lower than average
47 th / 53
Size Rank
37% smaller than average
37 th / 53
Price Per Sq FT Rank
4% lower than average

Compared to other properties in E14 8BG , this flat's estimated value ranks 57th out of 61. Based on price per square foot, it ranks 37th 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 47th out of 53 properties in its postcode area.

Sale History

Today
£442,912
streetscan.co.uk estimate
-4 %
26 Sep 2024
£460,000
Leasehold
+5.7 %
18 Nov 2019
£435,000
Leasehold
+320.3 %
8 Jul 1997
£103,500
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: 506 sq ft
sale price: £337,500
sale date: 7 Dec 2012
rooms: 2
size: 484 sq ft
sale price: £295,000
sale date: 6 May 2011

Data Sources

The property at Flat 11, Gainsborough House, 7 Victory Place, London, E14 8BG appears three times in the Land Registry records, with the latest transaction recorded on 26 Sep 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 10 May 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.