Flat 2, 1 Wellington Way, London, E3 4NE is a leasehold flat built between 1930-1949. The property offers approximately 700 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £370,884 , which equates to approximately £530 per square foot. It was last sold on 3 Aug 2001 for £140,000. Since then, the value has increased by £230,884, representing a 164.9% increase, or approximately 6.8% per year.

The current estimated value of £370,884 is:

  • 3.2% higher than the average property price on Wellington Way
  • 14.1% lower than the average in the E3 4NE postcode area
  • and 57.6% lower than the average price for London as a whole

At the most recent EPC inspection on 14 January 2022, the property was recorded as rented.

View sold house prices in E3 4NE

Building approximate location

About Property

Type
Flat
Built
1930-1949
Interior Size
700 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£370,884
Price Per sq ft (estimate)
£530
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 2, 1 Wellington Way, London, Tower Hamlets, Greater London, E3 4NE has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 14 Jan 2022.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 5 Oct 2019. The rating of E is unchanged, though the energy efficiency score decreased by 13.3%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from average to very poor.
  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The wall energy efficiency improving from very poor to poor, with the construction or insulation remaining solid brick, as built, no insulation (assumed).
  • The windows were upgraded from partial double glazing to fully double glazed.
  • The lighting was updated from low energy lighting in 71% of fixed outlets to low energy lighting in 40% of fixed outlets, with efficiency changing from very good to average.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 40% of fixed outlets
Average

Compared to E3 4NE

6 th / 11
Price Rank
14% lower than average
2 nd / 10
Size Rank
11% bigger than average
10 th / 10
Price Per Sq FT Rank
23% lower than average

Compared to other properties in E3 4NE , this flat's estimated value ranks 6th out of 11. Based on price per square foot, it ranks 10th out of 10 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 2nd out of 10 properties in its postcode area.

Sale History

Today
£370,884
streetscan.co.uk estimate
+165 %
3 Aug 2001
£140,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 678 sq ft
sale price: £270,000
sale date: 8 Jul 2011
rooms: 2
size: 603 sq ft
sale price: £160,000
sale date: 2 Sep 2005
rooms: 3
size: 614 sq ft
sale price: £380,000
sale date: 24 Oct 2024
rooms: 3
size: 603 sq ft
sale price: £410,000
sale date: 27 Aug 2024
rooms: 3
size: 678 sq ft
sale price: £375,000
sale date: 9 Aug 2023

Data Sources

The property at Flat 2, 1 Wellington Way, London, Tower Hamlets, Greater London, E3 4NE appears once in the Land Registry records, with the transaction recorded on 3 Aug 2001. It also has four Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Jan 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.


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