Flat 22, Drake House, 4 Victory Place, London, E14 8BG is a leasehold flat built between 1996-2002. The property offers approximately 1,076 square feet of living space and is situated on the 5th floor. In this location, apartments of similar size usually have four bedrooms.

The estimated current market value of the property is £1,119,845 , which equates to approximately £1,040 per square foot. It was last sold on 9 Oct 1996 for £184,500. Since then, the value has increased by £935,345, representing a 507.0% increase, or approximately 17.4% per year.

The current estimated value of £1,119,845 is:

  • 62.4% higher than the average property price on Victory Place
  • 53.8% higher than the average in the E14 8BG postcode area
  • and 27.9% higher than the average price for London as a whole

At the most recent EPC inspection on 10 September 2019, the property was recorded as owner-occupied.

View sold house prices in E14 8BG

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
1076 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£1,119,845
Price Per sq ft (estimate)
£1,040
Bedroom Count (estimate)
4 bedrooms

EPC Summary

Flat 22, Drake House, 4 Victory Place, London, Tower Hamlets, Greater London Authority, E14 8BG has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 10 Sep 2019.

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 14 Dec 2009, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 18.2%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 25mm loft insulation to pitched, insulated (assumed), improving energy efficiency from poor to average.
  • The wall construction or insulation changed from system built, 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 27% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, insulated (assumed)
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E14 8BG

13 th / 61
Price Rank
54% higher than average
9 th / 53
Size Rank
41% bigger than average
44 th / 53
Price Per Sq FT Rank
9% higher than average

Compared to other properties in E14 8BG , this flat's estimated value ranks 13th out of 61. Based on price per square foot, it ranks 44th out of 53 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 9th out of 53 properties in its postcode area.

Sale History

Today
£1,119,845
streetscan.co.uk estimate
+507 %
9 Oct 1996
£184,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 1076 sq ft
sale price: £900,000
sale date: 13 Dec 2024
rooms: 4
size: 946 sq ft
sale price: £580,000
sale date: 6 Apr 2018
rooms: 4
size: 1066 sq ft
sale price: £247,000
sale date: 30 Jan 1997
rooms: 3
size: 1152 sq ft
sale price: £600,000
sale date: 24 Jan 2025
rooms: 4
size: 915 sq ft
sale price: £690,000
sale date: 1 Aug 2024

Data Sources

The property at Flat 22, Drake House, 4 Victory Place, London, Tower Hamlets, Greater London Authority, E14 8BG appears once in the Land Registry records, with the transaction recorded on 9 Oct 1996. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 10 Sep 2019. 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.