Flat 16, Reservoir Studios, 547 Cable Street, London, E1W 3EW is a leasehold flat built between 2003-2006. The property offers approximately 1,378 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have four bedrooms.

The estimated current market value of the property is £565,016 , which equates to approximately £410 per square foot. It was last sold on 28 Apr 2011 for £370,000. Since then, the value has increased by £195,016, representing a 52.7% increase, or approximately 3.6% per year.

The current estimated value of £565,016 is:

  • 25.3% higher than the average property price on Cable Street
  • 11.0% higher than the average in the E1W 3EW postcode area
  • and 35.4% lower than the average price for London as a whole

At the most recent EPC inspection on 21 October 2020, the property was recorded as rented.

View sold house prices in E1W 3EW

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
1378 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£565,016
Price Per sq ft (estimate)
£410
Bedroom Count (estimate)
4 bedrooms

EPC Summary

Flat 16, Reservoir Studios, 547 Cable Street, London, Tower Hamlets, Greater London, E1W 3EW has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 21 Oct 2020.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows have some double glazing.

The previous EPC assessment was conducted on 12 Feb 2010, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 1.4%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The hot water energy efficiency improving from poor to average, while the system remained as electric immersion, off-peak.
  • The windows were upgraded from fully double glazed to some double glazing.
  • The lighting was changed from low energy lighting in 90% of fixed outlets to low energy lighting in 75% of fixed outlets, with no change in efficiency (very good).
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Some double glazing
Very Poor
Lighting
Low energy lighting in 75% of fixed outlets
Very Good

Compared to E1W 3EW

9 th / 30
Price Rank
11% higher than average
3 rd / 26
Size Rank
86% bigger than average
24 th / 26
Price Per Sq FT Rank
40% lower than average

Compared to other properties in E1W 3EW , this flat's estimated value ranks 9th out of 30. Based on price per square foot, it ranks 24th out of 26 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 3rd out of 26 properties in its postcode area.

Sale History

Today
£565,016
streetscan.co.uk estimate
+53 %
28 Apr 2011
£370,000
Leasehold
+54.2 %
16 Jul 2001
£240,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 1439 sq ft
sale price: £565,000
sale date: 20 Dec 2019
rooms: 4
size: 1367 sq ft
sale price: £372,000
sale date: 5 Feb 2010
rooms: 2
size: 1324 sq ft
sale price: £249,524
sale date: 20 Jul 2001

Data Sources

The property at Flat 16, Reservoir Studios, 547 Cable Street, London, E1W 3EW appears two times in the Land Registry records, with the latest transaction recorded on 28 Apr 2011. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 21 Oct 2020. 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.