Flat 14, Drake House, 4 Victory Place, London, E14 8BG is a leasehold flat built between 1996-2002. The property offers approximately 570 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 £493,358 , which equates to approximately £865 per square foot. It was last sold on 31 Jul 2006 for £267,000. Since then, the value has increased by £226,358, representing a 84.8% increase, or approximately 4.4% per year.

The current estimated value of £493,358 is:

  • 28.4% lower than the average property price on Victory Place
  • 32.2% lower than the average in the E14 8BG postcode area
  • and 43.6% lower than the average price for London as a whole

View sold house prices in E14 8BG

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
570 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£493,358
Price Per sq ft (estimate)
£865
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 14, 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 13 Jul 2021.

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 21 Apr 2010, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 4.9%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency changing from good to average, while the system remained as from main system.
  • The lighting was updated from no low energy lighting to low energy lighting in 67% of fixed outlets, with efficiency improving from very poor to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 67% of fixed outlets
Good

Compared to E14 8BG

43 rd / 61
Price Rank
32% lower than average
38 th / 53
Size Rank
25% smaller than average
43 rd / 53
Price Per Sq FT Rank
9% lower than average

Compared to other properties in E14 8BG , this flat's estimated value ranks 43th out of 61. Based on price per square foot, it ranks 43th out of 53 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 38th out of 53 properties in its postcode area.

Sale History

Today
£493,358
streetscan.co.uk estimate
+85 %
31 Jul 2006
£267,000
Leasehold
+11.3 %
16 Sep 2004
£240,000
Leasehold
+146.2 %
27 Sep 1996
£97,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 527 sq ft
sale price: £470,000
sale date: 15 Feb 2024
rooms: 2
size: 495 sq ft
sale price: £450,000
sale date: 30 Jun 2021
rooms: 2
size: 497 sq ft
sale price: £440,000
sale date: 16 Oct 2020
rooms: 2
size: 606 sq ft
sale price: £435,000
sale date: 29 May 2020
rooms: 2
size: 581 sq ft
sale price: £460,000
sale date: 5 Aug 2019

Data Sources

The property at Flat 14, Drake House, 4 Victory Place, London, E14 8BG appears three times in the Land Registry records, with the latest transaction recorded on 31 Jul 2006. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 13 Jul 2021. 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.