Flat 25, Hannah Building, 56 Watney Street, London, E1 2QU is a leasehold flat built between 2007-2011. The property offers approximately 614 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £166,758 , which equates to approximately £272 per square foot. It was last sold on 27 Nov 2014 for £148,500. Since then, the value has increased by £18,258, representing a 12.3% increase, or approximately 1.1% per year.

The current estimated value of £166,758 is:

  • 39.6% lower than the average property price on Watney Street
  • 48.2% lower than the average in the E1 2QU postcode area
  • and 80.9% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 24 May 2024, the property was recorded as rented.

View sold house prices in E1 2QU

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
614 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£166,758
Price Per sq ft (estimate)
£272
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 25, Hannah Building, 56 Watney Street, London, Tower Hamlets, Greater London, E1 2QU has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 24 May 2024.

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 23 Jun 2014, and the property received the same rating of B with an unchanged energy efficiency score of 82.

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 80% 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
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 80% of fixed outlets
Very Good

Compared to E1 2QU

9 th / 11
Price Rank
48% lower than average
5 th / 11
Size Rank
4% bigger than average
9 th / 11
Price Per Sq FT Rank
50% lower than average

Compared to other properties in E1 2QU , this flat's estimated value ranks 9th out of 11. Based on price per square foot, it ranks 9th out of 11 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 5th out of 11 properties in its postcode area.

Sale History

Today
£166,758
streetscan.co.uk estimate
+12 %
27 Nov 2014
£148,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 635 sq ft
sale price: £380,000
sale date: 27 Oct 2023
rooms: 3
size: 603 sq ft
sale price: £450,000
sale date: 9 Dec 2016
rooms: 3
size: 603 sq ft
sale price: £312,000
sale date: 9 Dec 2016
rooms: 3
size: 603 sq ft
sale price: £347,000
sale date: 11 Oct 2016
rooms: 3
size: 603 sq ft
sale price: £157,500
sale date: 27 May 2016

Data Sources

The property at Flat 25, Hannah Building, 56 Watney Street, London, Tower Hamlets, Greater London, E1 2QU appears once in the Land Registry records, with the transaction recorded on 27 Nov 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 24 May 2024. 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.