Flat 12, 5 Millennium Drive, London, E14 3GE is a leasehold flat built between 1996-2002. The property offers approximately 926 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £546,868 , which equates to approximately £591 per square foot. It was last sold on 11 Jun 2012 for £345,000. Since then, the value has increased by £201,868, representing a 58.5% increase, or approximately 4.3% per year.

The current estimated value of £546,868 is:

  • 3.2% lower than the average property price on Millennium Drive
  • 4.6% lower than the average in the E14 3GE postcode area
  • and 37.5% lower than the average price for London as a whole

At the most recent EPC inspection on 30 August 2022, the property was recorded as rented.

View sold house prices in E14 3GE

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
926 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£546,868
Price Per sq ft (estimate)
£591
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 12, 5 Millennium Drive, London, Tower Hamlets, Greater London, E14 3GE has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 30 Aug 2022.

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 7 Apr 2010, and the property received the same rating of B with an unchanged energy efficiency score of 84.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to system built, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was changed from low energy lighting in 70% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E14 3GE

26 th / 38
Price Rank
5% lower than average
12 th / 32
Size Rank
3% bigger than average
26 th / 32
Price Per Sq FT Rank
8% lower than average

Compared to other properties in E14 3GE , this flat's estimated value ranks 26th out of 38. Based on price per square foot, it ranks 26th out of 32 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 12th out of 32 properties in its postcode area.

Sale History

Today
£546,868
streetscan.co.uk estimate
+59 %
11 Jun 2012
£345,000
Leasehold
-1.4 %
10 Aug 2007
£350,000
Leasehold
+55.6 %
15 Sep 2003
£225,000
Leasehold
+33.9 %
14 Jan 2000
£168,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 18, 5 Millennium Drive, London, E14 3GE
rooms: 3
size: 958 sq ft
sale price: £480,000
sale date: 16 Oct 2023
Flat 28, 5 Millennium Drive, London, E14 3GE
rooms: 4
size: 969 sq ft
sale price: £510,000
sale date: 27 Jul 2023
Flat 27, 5 Millennium Drive, London, E14 3GE
rooms: 3
size: 818 sq ft
sale price: £520,000
sale date: 3 Mar 2023
Flat 25, 5 Millennium Drive, London, E14 3GE
rooms: 3
size: 990 sq ft
sale price: £505,000
sale date: 9 Mar 2022
Flat 33, 5 Millennium Drive, London, E14 3GE
rooms: 3
size: 853 sq ft
sale price: £500,000
sale date: 5 Nov 2021

Data Sources

The property at Flat 12, 5 Millennium Drive, London, E14 3GE appears four times in the Land Registry records, with the latest transaction recorded on 11 Jun 2012. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 30 Aug 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.
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