Flat 23, Pennington Court, 40 The Highway, London, E1W 2SD is a leasehold flat built between 1991-1995. The property offers approximately 1,012 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £549,945 , which equates to approximately £543 per square foot. It was last sold on 16 Nov 2020 for £587,000. Since then, the value has decreased by £37,055, representing a 6.3% decrease, or approximately 1.2% per year.

The current estimated value of £549,945 is:

  • 17.1% lower than the average property price on The Highway
  • 32.6% higher than the average in the E1W 2SD postcode area
  • and 34.2% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 5 March 2020, the property was recorded as owner-occupied.

View sold house prices in E1W 2SD

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
1012 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£549,945
Price Per sq ft (estimate)
£543
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 23, Pennington Court, 40 The Highway, London, Tower Hamlets, Greater London Authority, E1W 2SD has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 5 Mar 2020.

This property uses electric ceiling heating as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully triple glazed.

The previous EPC assessment was conducted on 11 Jan 2010, when the property was rated D. The current rating of E reflects a decline in energy efficiency of 18.8%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from air source heat pump, electric to electric ceiling heating, changing energy efficiency from average to very poor.
  • The windows were upgraded from fully double glazed to fully triple glazed.
  • The lighting was changed from low energy lighting in 75% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Electric ceiling heating
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Roof
Pitched, insulated (assumed)
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully triple glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E1W 2SD

1 st / 25
Price Rank
33% higher than average
1 st / 25
Size Rank
97% bigger than average
24 th / 25
Price Per Sq FT Rank
33% lower than average

Compared to other properties in E1W 2SD , this flat's estimated value ranks 1st out of 25. Based on price per square foot, it ranks 24th out of 25 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 1st out of 25 properties in its postcode area.

Sale History

Today
£549,945
streetscan.co.uk estimate
-6 %
16 Nov 2020
£587,000
Leasehold
+0.3 %
4 Apr 2016
£585,000
Leasehold
+48.1 %
20 May 2010
£395,000
Leasehold
+19.7 %
10 Oct 2008
£330,000
Leasehold
+220.4 %
30 Sep 1996
£103,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 980 sq ft
sale price: £250,000
sale date: 30 Jul 2004
rooms: 4
size: 904 sq ft
sale price: £515,000
sale date: 18 Jun 2024
rooms: 3
size: 926 sq ft
sale price: £700,000
sale date: 22 Feb 2024
rooms: 3
size: 947 sq ft
sale price: £680,000
sale date: 27 Oct 2023
rooms: 3
size: 861 sq ft
sale price: £715,000
sale date: 20 Oct 2023

Data Sources

The property at Flat 23, Pennington Court, 40 The Highway, London, E1W 2SD appears five times in the Land Registry records, with the latest transaction recorded on 16 Nov 2020. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 5 Mar 2020. 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.