Flat 2, 71 Redmans Road, London, E1 3AQ is a leasehold flat built between 2007-2011. The property offers approximately 527 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £345,652 , which equates to approximately £655 per square foot. It was last sold on 19 Oct 2007 for £235,000. Since then, the value has increased by £110,652, representing a 47.1% increase, or approximately 2.6% per year.

The current estimated value of £345,652 is:

  • 38.2% lower than the average property price on Redmans Road
  • 28.4% lower than the average in the E1 3AQ postcode area
  • and 60.5% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 9 February 2021, the property was recorded as rented.

View sold house prices in E1 3AQ

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
527 sq ft
Tenure
Leasehold
Price (estimate)
£345,652
Price Per sq ft (estimate)
£655
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 2, 71 Redmans Road, London, Tower Hamlets, Greater London, E1 3AQ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 9 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 10 Sep 2010, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 4.8%.

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 all fixed outlets, with efficiency improving from very poor 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
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E1 3AQ

27 th / 29
Price Rank
28% lower than average
25 th / 28
Size Rank
28% smaller than average
21 st / 28
Price Per Sq FT Rank
1% lower than average

Compared to other properties in E1 3AQ , this flat's estimated value ranks 27th out of 29. Based on price per square foot, it ranks 21th out of 28 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 25th out of 28 properties in its postcode area.

Sale History

Today
£345,652
streetscan.co.uk estimate
+47 %
19 Oct 2007
£235,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 570 sq ft
sale price: £355,000
sale date: 27 Oct 2023
rooms: 1
size: 474 sq ft
sale price: £215,000
sale date: 20 Jun 2018
rooms: 3
size: 495 sq ft
sale price: £360,000
sale date: 29 Nov 2013
rooms: 3
size: 592 sq ft
sale price: £265,000
sale date: 9 Dec 2010

Data Sources

The property at Flat 2, 71 Redmans Road, London, Tower Hamlets, Greater London, E1 3AQ appears once in the Land Registry records, with the transaction recorded on 19 Oct 2007. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 9 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.