Flat 16, Nova Building, 3 Newton Place, London, E14 3TT is a leasehold flat built between 1996-2002. The property offers approximately 689 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £453,259 , which equates to approximately £658 per square foot. It was last sold on 3 Feb 2012 for £285,000. Since then, the value has increased by £168,259, representing a 59.0% increase, or approximately 4.3% per year.

The current estimated value of £453,259 is:

  • 28.9% lower than the average property price on Newton Place
  • 23.7% lower than the average in the E14 3TT postcode area
  • and 48.2% lower than the average price for London as a whole

At the most recent EPC inspection on 27 July 2022, the property was recorded as owner-occupied.

View sold house prices in E14 3TT

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
689 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£453,259
Price Per sq ft (estimate)
£658
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 16, Nova Building, 3 Newton Place, London, Tower Hamlets, Greater London, E14 3TT has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 27 Jul 2022.

Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 13 Aug 2009, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 27.9%.

Since the previous assessment, several changes were observed:

  • The heating system changed from electric ceiling heating to electric ceiling heating, electric underfloor heating, with no change in energy efficiency (very poor).
  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to average.
  • The wall construction or insulation changed from system built, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Electric ceiling heating, Electric underfloor heating
Very Poor
Hot Water
Electric immersion, off-peak
Average
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 3TT

43 rd / 49
Price Rank
24% lower than average
34 th / 45
Size Rank
19% smaller than average
30 th / 45
Price Per Sq FT Rank
6% lower than average

Compared to other properties in E14 3TT , this flat's estimated value ranks 43th out of 49. Based on price per square foot, it ranks 30th out of 45 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 34th out of 45 properties in its postcode area.

Sale History

Today
£453,259
streetscan.co.uk estimate
+59 %
3 Feb 2012
£285,000
Leasehold
+14 %
25 Jul 2006
£249,999
Leasehold
0 %
15 Apr 2004
£249,950
Leasehold
+40.4 %
14 Dec 2001
£178,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 700 sq ft
sale price: £407,500
sale date: 31 Jan 2024
rooms: 2
size: 646 sq ft
sale price: £317,000
sale date: 11 Jan 2023
rooms: 2
size: 689 sq ft
sale price: £372,000
sale date: 14 Jul 2022
rooms: 2
size: 657 sq ft
sale price: £515,000
sale date: 14 Feb 2022
rooms: 2
size: 710 sq ft
sale price: £380,000
sale date: 8 Dec 2021

Data Sources

The property at Flat 16, Nova Building, 3 Newton Place, London, E14 3TT appears four times in the Land Registry records, with the latest transaction recorded on 3 Feb 2012. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 27 Jul 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.