Flat 2, Drake House Stepney Way, London, E1 3BE is a leasehold flat built between 1930-1949. The property offers approximately 624 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £343,924 , which equates to approximately £551 per square foot. It was last sold on 21 Mar 2025 for £345,000. Since then, the value has decreased by £1,076, representing a 0.3% decrease, or approximately 0.4% per year.

The current estimated value of £343,924 is:

  • 62.9% lower than the average property price on Stepney Way
  • 10.4% higher than the average in the E1 3BE postcode area
  • and 60.7% 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 29 May 2024, the property was recorded as rented.

View sold house prices in E1 3BE

Building approximate location

About Property

Type
Flat
Built
1930-1949
Interior Size
624 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£343,924
Price Per sq ft (estimate)
£551
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 2, Drake House Stepney Way, London, Tower Hamlets, Greater London, E1 3BE has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 29 May 2024.

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 Aug 2011. The rating of C remains the same, but the energy efficiency score improved by 2.7%.

Since the previous assessment, several changes were observed:

  • The wall energy efficiency improving from very poor to poor, with the construction or insulation remaining solid brick, as built, no insulation (assumed).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Sale History

Today
£343,924
streetscan.co.uk estimate
-0 %
21 Mar 2025
£345,000
Leasehold
+38 %
16 Mar 2012
£250,000
Leasehold
+22 %
14 Jan 2011
£205,000
Leasehold
+7.9 %
11 Nov 2005
£189,995
Leasehold
+6.7 %
25 Jun 2004
£178,000
Leasehold
+56.1 %
21 Sep 2001
£114,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 646 sq ft
sale price: £208,750
sale date: 19 Jul 2013
rooms: 3
size: 667 sq ft
sale price: £166,000
sale date: 8 Apr 2011
rooms: 3
size: 635 sq ft
sale price: £250,000
sale date: 7 Mar 2008
rooms: 3
size: 646 sq ft
sale price: £168,000
sale date: 25 Feb 2005
rooms: 3
size: 646 sq ft
sale price: £117,500
sale date: 6 Dec 2002

Data Sources

The property at Flat 2, Drake House Stepney Way, London, E1 3BE appears six times in the Land Registry records, with the latest transaction recorded on 21 Mar 2025. It also has four Energy Performance Certificates (EPC) entries, the earliest dating back to 29 May 2024. 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.