Flat 2, 3 Menai Place, London, E3 2BF is a leasehold flat built between 1996-2002. The property offers approximately 732 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £313,232 , which equates to approximately £428 per square foot. It was last sold on 15 Dec 2021 for £357,000. Since then, the value has decreased by £43,768, representing a 12.3% decrease, or approximately 3.1% per year.

The current estimated value of £313,232 is:

  • 31.2% lower than the average property price on Menai Place
  • 34.4% lower than the average in the E3 2BF postcode area
  • and 64.2% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 2 February 2021, the property was recorded as owner-occupied.

View sold house prices in E3 2BF

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
732 sq ft
Tenure
Leasehold
Price (estimate)
£313,232
Price Per sq ft (estimate)
£428
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 2, 3 Menai Place, London, Tower Hamlets, Greater London, E3 2BF has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 2 Feb 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 12 Aug 2010. The rating of C is unchanged, though the energy efficiency score decreased by 2.6%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from very good to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water energy efficiency changing from very good to good, while the system remained as from main system.
  • The lighting was updated from no low energy lighting to low energy lighting in 60% of fixed outlets, with efficiency improving from very poor to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 60% of fixed outlets
Good

Compared to E3 2BF

26 th / 26
Price Rank
34% lower than average
19 th / 26
Size Rank
10% smaller than average
25 th / 26
Price Per Sq FT Rank
27% lower than average

Compared to other properties in E3 2BF , this flat's estimated value ranks 26th out of 26. Based on price per square foot, it ranks 25th 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 19th out of 26 properties in its postcode area.

Sale History

Today
£313,232
streetscan.co.uk estimate
-12 %
15 Dec 2021
£357,000
Leasehold
+43.4 %
28 Oct 2016
£249,000
Leasehold
+96.9 %
14 Feb 2003
£126,484
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 635 sq ft
sale price: £375,000
sale date: 30 Nov 2023
rooms: 3
size: 667 sq ft
sale price: £412,500
sale date: 4 Jan 2022
rooms: 3
size: 650 sq ft
sale price: £395,000
sale date: 29 Sep 2015
rooms: 3
size: 764 sq ft
sale price: £425,000
sale date: 22 May 2015
rooms: 2
size: 650 sq ft
sale price: £340,000
sale date: 4 Jul 2014

Data Sources

The property at Flat 2, 3 Menai Place, London, E3 2BF appears three times in the Land Registry records, with the latest transaction recorded on 15 Dec 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 2 Feb 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.