Flat 2, 5 Millennium Drive, London, E14 3GE is a leasehold flat built between 1996-2002. The property offers approximately 646 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 £291,489 , which equates to approximately £451 per square foot. It was last sold on 3 Jan 2020 for £300,000. Since then, the value has decreased by £8,511, representing a 2.8% decrease, or approximately 0.5% per year.

The current estimated value of £291,489 is:

  • 48.4% lower than the average property price on Millennium Drive
  • 49.1% lower than the average in the E14 3GE postcode area
  • and 66.7% lower than the average price for London as a whole

At the most recent EPC inspection on 5 November 2021, the property was recorded as rented.

View sold house prices in E14 3GE

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
646 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£291,489
Price Per sq ft (estimate)
£451
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 2, 5 Millennium Drive, London, Tower Hamlets, Greater London, E14 3GE has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 5 Nov 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 17 Jul 2009, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 8.3%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from timber frame, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 29% of fixed outlets to low energy lighting in 73% of fixed outlets, with efficiency improving from average to very 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 73% of fixed outlets
Very Good

Compared to E14 3GE

36 th / 38
Price Rank
49% lower than average
29 th / 32
Size Rank
28% smaller than average
21 st / 32
Price Per Sq FT Rank
29% lower than average

Compared to other properties in E14 3GE , this flat's estimated value ranks 36th out of 38. Based on price per square foot, it ranks 21th out of 32 properties. In terms of size, this home ranks 29th out of 32 properties in its postcode area.

Sale History

Today
£291,489
streetscan.co.uk estimate
-3 %
3 Jan 2020
£300,000
Leasehold
+150 %
22 Nov 1999
£120,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 5, 5 Millennium Drive, London, E14 3GE
rooms: 2
size: 624 sq ft
sale price: £325,000
sale date: 1 Oct 2024
Flat 26, 5 Millennium Drive, London, E14 3GE
rooms: 2
size: 657 sq ft
sale price: £425,000
sale date: 12 Sep 2023
Flat 9, 5 Millennium Drive, London, E14 3GE
rooms: 2
size: 678 sq ft
sale price: £505,000
sale date: 31 Mar 2021
Flat 32, 5 Millennium Drive, London, E14 3GE
rooms: 2
size: 646 sq ft
sale price: £388,000
sale date: 4 Oct 2019
Flat 17, 5 Millennium Drive, London, E14 3GE
rooms: 2
size: 603 sq ft
sale price: £378,000
sale date: 22 Oct 2018

Data Sources

The property at Flat 2, 5 Millennium Drive, London, E14 3GE appears two times in the Land Registry records, with the latest transaction recorded on 3 Jan 2020. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 5 Nov 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.
↑