Flat 114, Mission Building, 747 Commercial Road, London, E14 7LE is a leasehold flat built between 1996-2002. The property offers approximately 861 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £451,932 , which equates to approximately £525 per square foot. It was last sold on 31 Aug 2022 for £500,000. Since then, the value has decreased by £48,068, representing a 9.6% decrease, or approximately 2.9% per year.

The current estimated value of £451,932 is:

  • 50.0% lower than the average property price on Commercial Road
  • 1.3% higher than the average in the E14 7LE postcode area
  • and 48.4% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded 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 12 October 2012, the property was recorded as owner-occupied.

View sold house prices in E14 7LE

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
861 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£451,932
Price Per sq ft (estimate)
£525
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 114, Mission Building, 747 Commercial Road, London, Tower Hamlets, Greater London Authority, E14 7LE has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 12 Oct 2012.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows have full secondary glazing.

The previous EPC assessment was conducted on 6 May 2010, when the property was rated F. Since then, the rating has improved to C, with the energy efficiency score increasing by 109.1%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from very poor to poor, while the heating system type remained the same (room heaters, electric).
  • 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 wall construction or insulation changed from solid brick, as built, no insulation (assumed) to solid brick, as built, insulated (assumed), improving energy efficiency from very poor to good.
  • The lighting was updated from no low energy lighting to low energy lighting in 33% of fixed outlets, with efficiency improving from very poor to average.
Heating Type
Room heaters, electric
Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Solid brick, as built, insulated (assumed)
Good
Windows
Full secondary glazing
Good
Lighting
Low energy lighting in 33% of fixed outlets
Average

Compared to E14 7LE

10 th / 47
Price Rank
1% higher than average
10 th / 43
Size Rank
19% bigger than average
31 st / 43
Price Per Sq FT Rank
15% lower than average

Compared to other properties in E14 7LE , this flat's estimated value ranks 10th out of 47. Based on price per square foot, it ranks 31th out of 43 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 10th out of 43 properties in its postcode area.

Sale History

Today
£451,932
streetscan.co.uk estimate
-10 %
31 Aug 2022
£500,000
Leasehold
+4.2 %
10 Jul 2017
£480,000
Leasehold
+37.1 %
22 Feb 2013
£350,000
Leasehold
+7.9 %
3 Nov 2010
£324,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 818 sq ft
sale price: £417,000
sale date: 24 Nov 2023
rooms: 3
size: 893 sq ft
sale price: £425,000
sale date: 10 Nov 2023
rooms: 3
size: 840 sq ft
sale price: £466,500
sale date: 16 Sep 2022
rooms: 3
size: 829 sq ft
sale price: £485,000
sale date: 9 Sep 2022
rooms: 3
size: 818 sq ft
sale price: £480,000
sale date: 10 Dec 2021

Data Sources

The property at Flat 114, Mission Building, 747 Commercial Road, London, E14 7LE appears four times in the Land Registry records, with the latest transaction recorded on 31 Aug 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 12 Oct 2012. 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.