Flat 12, Marsalis House, 131 Rainhill Way, London, E3 3EF is a leasehold flat built between 1991-1995. The property offers approximately 484 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £193,533 , which equates to approximately £400 per square foot. It was last sold on 6 Sep 2024 for £201,000. Since then, the value has decreased by £7,467, representing a 3.7% decrease, or approximately 3.0% per year.

The current estimated value of £193,533 is:

  • 41.9% lower than the average property price on Rainhill Way
  • 30.3% lower than the average in the E3 3EF postcode area
  • and 77.9% 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 26 June 2023, the property was recorded as owner-occupied.

View sold house prices in E3 3EF

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
484 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£193,533
Price Per sq ft (estimate)
£400
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 12, Marsalis House, 131 Rainhill Way, London, Tower Hamlets, Greater London, E3 3EF has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 26 Jun 2023.

This property uses electric storage heaters 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 22 Dec 2016. The rating of C remains the same, but the energy efficiency score improved by 1.3%.

Since the previous assessment, several changes were observed:

  • The lighting was changed from low energy lighting in all fixed outlets to low energy lighting in 71% of fixed outlets, with no change in efficiency (very good).
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 71% of fixed outlets
Very Good

Compared to E3 3EF

9 th / 11
Price Rank
30% lower than average
5 th / 9
Size Rank
2% bigger than average
8 th / 9
Price Per Sq FT Rank
32% lower than average

Compared to other properties in E3 3EF , this flat's estimated value ranks 9th out of 11. Based on price per square foot, it ranks 8th out of 9 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 5th out of 9 properties in its postcode area.

Sale History

Today
£193,533
streetscan.co.uk estimate
-4 %
6 Sep 2024
£201,000
Leasehold
+3.1 %
10 Aug 2017
£195,000
Leasehold
+203.7 %
30 Jan 2002
£64,200
Leasehold
+104.8 %
1 Mar 1996
£31,350
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 474 sq ft
sale price: £350,000
sale date: 17 Jun 2024
rooms: 3
size: 495 sq ft
sale price: £295,000
sale date: 6 Dec 2021
rooms: 2
size: 495 sq ft
sale price: £315,000
sale date: 14 Aug 2015
rooms: 2
size: 463 sq ft
sale price: £270,000
sale date: 1 Dec 2014
rooms: 2
size: 484 sq ft
sale price: £280,000
sale date: 28 Nov 2014

Data Sources

The property at Flat 12, Marsalis House, 131 Rainhill Way, London, E3 3EF appears four times in the Land Registry records, with the latest transaction recorded on 6 Sep 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 26 Jun 2023. 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.