Flat 16, Drake House, 4 Victory Place, London, E14 8BG is a leasehold flat built between 1991-1995. The property offers approximately 549 square feet of living space and is situated on the 4th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £580,933 , which equates to approximately £1,058 per square foot. It was last sold on 20 Sep 1996 for £94,500. Since then, the value has increased by £486,433, representing a 514.7% increase, or approximately 17.6% per year.

The current estimated value of £580,933 is:

  • 15.7% lower than the average property price on Victory Place
  • 20.2% lower than the average in the E14 8BG postcode area
  • and 33.6% 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
1991-1995
Interior Size
549 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£580,933
Price Per sq ft (estimate)
£1,058
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 16, Drake House, 4 Victory Place, London, Tower Hamlets, Greater London Authority, E14 8BG has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 11 Apr 2019.

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.

Heating Type
Boiler and radiators, electric
Very Poor
Hot Water
From main system
Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 83% of fixed outlets
Very Good

Compared to E14 8BG

51 st / 61
Price Rank
20% lower than average
40 th / 53
Size Rank
28% smaller than average
41 st / 53
Price Per Sq FT Rank
11% higher than average

Compared to other properties in E14 8BG , this flat's estimated value ranks 51th out of 61. Based on price per square foot, it ranks 41th 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 40th out of 53 properties in its postcode area.

Sale History

Today
£580,933
streetscan.co.uk estimate
+515 %
20 Sep 1996
£94,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 484 sq ft
sale price: £460,000
sale date: 26 Sep 2024
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

Data Sources

The property at Flat 16, Drake House, 4 Victory Place, London, Tower Hamlets, Greater London Authority, E14 8BG appears once in the Land Registry records, with the transaction recorded on 20 Sep 1996. It also has a single Energy Performance Certificate (EPC) from 11 Apr 2019. 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.