Flat 23, Lumina Building, 29 Prestons Road, London, E14 9SU is a leasehold flat built between 2003-2006. The property offers approximately 847 square feet of living space and is situated on the 9th floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £542,830 , which equates to approximately £638 per square foot. It was last sold on 19 Aug 2008 for £360,000. Since then, the value has increased by £182,830, representing a 50.8% increase, or approximately 2.9% per year.

The current estimated value of £542,830 is:

  • 25.6% higher than the average property price on Prestons Road
  • 15.7% lower than the average in the E14 9SU postcode area
  • and 38.0% lower than the average price for London as a whole

At the most recent EPC inspection on 7 August 2009, the property was recorded as owner-occupied.

View sold house prices in E14 9SU

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
847 sq ft
Tenure
Leasehold
Floor level
9th floor
Price (estimate)
£542,830
Price Per sq ft (estimate)
£638
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 23, Lumina Building, 29 Prestons Road, London, Tower Hamlets, Greater London Authority, E14 9SU has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 1 Mar 2012.

This property uses electric room heaters 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 22 Jul 2010, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 13.2%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from average to very poor.
  • The hot water system changed from electric immersion, off-peak to electric immersion, standard tariff, with no change in energy efficiency (very poor).
  • The roof construction or insulation changed from (another dwelling above) to flat, insulated (assumed), improving energy efficiency from n/a to good.
  • The lighting was updated from low energy lighting in 43% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Roof
Flat, insulated (assumed)
Good
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E14 9SU

2 nd / 23
Price Rank
16% lower than average
8 th / 23
Size Rank
0% same size than average
3 rd / 23
Price Per Sq FT Rank
16% lower than average

Compared to other properties in E14 9SU , this flat's estimated value ranks 2nd out of 23. Based on price per square foot, it ranks 3rd out of 23 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 23 properties in its postcode area.

Sale History

Today
£542,830
streetscan.co.uk estimate
+51 %
19 Aug 2008
£360,000
Leasehold
-21.7 %
6 Jul 2005
£460,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 915 sq ft
sale price: £468,000
sale date: 12 Oct 2018
rooms: 3
size: 840 sq ft
sale price: £490,000
sale date: 28 Jul 2017
rooms: 3
size: 840 sq ft
sale price: £500,000
sale date: 27 Jul 2016
rooms: 3
size: 721 sq ft
sale price: £413,000
sale date: 13 Aug 2015
rooms: 3
size: 807 sq ft
sale price: £460,000
sale date: 9 Jan 2015

Data Sources

The property at Flat 23, Lumina Building, 29 Prestons Road, London, E14 9SU appears two times in the Land Registry records, with the latest transaction recorded on 19 Aug 2008. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 1 Mar 2012. 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.


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