Flat 24, 5 Millennium Drive, London, E14 3GE is a leasehold flat built between 1983-1990. The property offers approximately 1,076 square feet of living space and is situated on the 4th floor. In this location, apartments of similar size usually have four bedrooms.

The estimated current market value of the property is £614,470 , which equates to approximately £571 per square foot. It was last sold on 19 Nov 1999 for £173,000. Since then, the value has increased by £441,470, representing a 255.2% increase, or approximately 9.8% per year.

The current estimated value of £614,470 is:

  • 8.8% higher than the average property price on Millennium Drive
  • 7.2% higher than the average in the E14 3GE postcode area
  • and 29.8% 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 12 August 2019, the property was recorded as owner-occupied.

View sold house prices in E14 3GE

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
1076 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£614,470
Price Per sq ft (estimate)
£571
Bedroom Count (estimate)
4 bedrooms

EPC Summary

Flat 24, 5 Millennium Drive, London, Tower Hamlets, Greater London Authority, E14 3GE has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 12 Aug 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 12 Aug 2019, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 2.5%.

Since the previous assessment, several changes were observed:

  • The lighting was changed from low energy lighting in all fixed outlets to low energy lighting in 93% of fixed outlets, with no change in efficiency (very good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 93% of fixed outlets
Very Good

Compared to E14 3GE

21 st / 38
Price Rank
7% higher than average
2 nd / 32
Size Rank
20% bigger than average
31 st / 32
Price Per Sq FT Rank
11% lower than average

Compared to other properties in E14 3GE , this flat's estimated value ranks 21th out of 38. Based on price per square foot, it ranks 31th out of 32 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 2nd out of 32 properties in its postcode area.

Sale History

Today
£614,470
streetscan.co.uk estimate
+255 %
19 Nov 1999
£173,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 958 sq ft
sale price: £480,000
sale date: 16 Oct 2023
rooms: 4
size: 969 sq ft
sale price: £510,000
sale date: 27 Jul 2023
rooms: 3
size: 990 sq ft
sale price: £505,000
sale date: 9 Mar 2022
rooms: 3
size: 915 sq ft
sale price: £411,000
sale date: 21 Feb 2018
rooms: 3
size: 926 sq ft
sale price: £345,000
sale date: 11 Jun 2012

Data Sources

The property at Flat 24, 5 Millennium Drive, London, Tower Hamlets, Greater London Authority, E14 3GE appears once in the Land Registry records, with the transaction recorded on 19 Nov 1999. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 12 Aug 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.