Flat 13, Drake House, 4 Victory Place, London, E14 8BG is a leasehold flat built between 1996-2002. The property offers approximately 495 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 £407,507 , which equates to approximately £823 per square foot. It was last sold on 30 Jun 2021 for £450,000. Since then, the value has decreased by £42,493, representing a 9.4% decrease, or approximately 2.1% per year.

The current estimated value of £407,507 is:

  • 40.9% lower than the average property price on Victory Place
  • 44.0% lower than the average in the E14 8BG postcode area
  • and 53.4% lower than the average price for London as a whole

At the most recent EPC inspection on 3 January 2025, 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
495 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£407,507
Price Per sq ft (estimate)
£823
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 13, 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 3 Jan 2025.

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 18 Jul 2011. The rating of C is unchanged, though the energy efficiency score decreased by 7.8%.

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 low energy lighting in 25% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average 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
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E14 8BG

42 nd / 61
Price Rank
44% lower than average
46 th / 53
Size Rank
35% smaller than average
24 th / 53
Price Per Sq FT Rank
14% lower than average

Compared to other properties in E14 8BG , this flat's estimated value ranks 42th out of 61. Based on price per square foot, it ranks 24th out of 53 properties. In terms of size, this home ranks 46th out of 53 properties in its postcode area.

Sale History

Today
£407,507
streetscan.co.uk estimate
-9 %
30 Jun 2021
£450,000
Leasehold
-7.6 %
31 Mar 2016
£487,000
Leasehold
+45.4 %
31 Jan 2008
£335,000
Leasehold
+34.5 %
3 Mar 2006
£249,000
Leasehold
+27.7 %
11 Jul 2001
£195,000
Leasehold
+100 %
27 Sep 1996
£97,500
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 11, Gainsborough House, 7 Victory Place, London, E14 8BG
rooms: 2
size: 484 sq ft
sale price: £460,000
sale date: 26 Sep 2024
Flat 3, Gainsborough House, 7 Victory Place, London, E14 8BG
rooms: 2
size: 527 sq ft
sale price: £470,000
sale date: 15 Feb 2024
Flat 6, Gainsborough House, 7 Victory Place, London, E14 8BG
rooms: 2
size: 497 sq ft
sale price: £440,000
sale date: 16 Oct 2020
Flat 10, Gainsborough House, 7 Victory Place, London, E14 8BG
rooms: 2
size: 506 sq ft
sale price: £337,500
sale date: 7 Dec 2012
Flat 14, Gainsborough House, 7 Victory Place, London, E14 8BG
rooms: 2
size: 484 sq ft
sale price: £295,000
sale date: 6 May 2011

Data Sources

The property at Flat 13, Drake House, 4 Victory Place, London, E14 8BG appears six times in the Land Registry records, with the latest transaction recorded on 30 Jun 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 3 Jan 2025. 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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