Flat 13, Priestman Point, 2 Rainhill Way, London, E3 3EY is a leasehold flat built between 1950-1966. The property offers approximately 624 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 £113,841 , which equates to approximately £182 per square foot. It was last sold on 18 May 2021 for £125,000. Since then, the value has decreased by £11,159, representing a 8.9% decrease, or approximately 2.0% per year.

The current estimated value of £113,841 is:

  • 65.8% lower than the average property price on Rainhill Way
  • 15.2% lower than the average in the E3 3EY postcode area
  • and 87.0% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 29 June 2022, the property was recorded as rented.

View sold house prices in E3 3EY

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
624 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£113,841
Price Per sq ft (estimate)
£182
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 13, Priestman Point, 2 Rainhill Way, London, Tower Hamlets, Greater London, E3 3EY has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 29 Jun 2022.

This property is heated by a shared community system (community scheme). Community heating means the heat is supplied from a central source serving multiple homes. A community heating scheme is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 11 Jun 2010, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 8.2%.

Since the previous assessment, several changes were observed:

  • The hot water system changed from from main system to community scheme, with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in all fixed outlets to low energy lighting in 67% of fixed outlets, with efficiency changing from very good to good.
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Walls
System built, with external insulation
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 67% of fixed outlets
Good

Sale History

Today
£113,841
streetscan.co.uk estimate
-9 %
18 May 2021
£125,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 618 sq ft
sale price: £112,750
sale date: 19 Apr 2007
rooms: 3
size: 678 sq ft
sale price: £415,000
sale date: 23 May 2023
rooms: 4
size: 603 sq ft
sale price: £260,000
sale date: 18 Nov 2022
rooms: 4
size: 678 sq ft
sale price: £410,000
sale date: 30 May 2022
rooms: 2
size: 581 sq ft
sale price: £290,000
sale date: 18 Mar 2022

Data Sources

The property at Flat 13, Priestman Point, 2 Rainhill Way, London, Tower Hamlets, Greater London, E3 3EY appears once in the Land Registry records, with the transaction recorded on 18 May 2021. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 29 Jun 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.