Flat 23, 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 £838,776 , which equates to approximately £779 per square foot. It was last sold on 13 Dec 2024 for £900,000. Since then, the value has decreased by £61,224, representing a 6.8% decrease, or approximately 6.9% per year.

The current estimated value of £838,776 is:

  • 21.7% higher than the average property price on Victory Place
  • 15.2% higher than the average in the E14 8BG postcode area
  • and 4.2% lower than the average price for London as a whole

At the most recent EPC inspection on 30 June 2022, 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)
£838,776
Price Per sq ft (estimate)
£779
Bedroom Count (estimate)
4 bedrooms

EPC Summary

Flat 23, Drake House, 4 Victory Place, London, Tower Hamlets, Greater London, E14 8BG has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 30 Jun 2022.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 7 Oct 2011. The rating of C remains the same, but the energy efficiency score improved by 4.3%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from from main system to electric immersion, standard tariff, with its energy efficiency changing from average to very poor.
  • The roof construction or insulation changed from pitched, 100 mm loft insulation to pitched, insulated (assumed), improving energy efficiency from average to good.
  • 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
Electric immersion, standard tariff
Very Poor
Roof
Pitched, insulated (assumed)
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 E14 8BG

4 th / 61
Price Rank
15% higher than average
8 th / 53
Size Rank
41% bigger than average
1 st / 53
Price Per Sq FT Rank
18% lower than average

Compared to other properties in E14 8BG , this flat's estimated value ranks 4th out of 61. Based on price per square foot, it ranks 1st out of 53 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 8th out of 53 properties in its postcode area.

Sale History

Today
£838,776
streetscan.co.uk estimate
-7 %
13 Dec 2024
£900,000
Leasehold
+200 %
30 Nov 1999
£300,000
Leasehold
+20.2 %
18 Oct 1996
£249,500
Leasehold

Area Insights

Similar Properties Sold Nearby

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: 4
size: 1076 sq ft
sale price: £184,500
sale date: 9 Oct 1996
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 23, Drake House, 4 Victory Place, London, E14 8BG appears three times in the Land Registry records, with the latest transaction recorded on 13 Dec 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 30 Jun 2022. 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.