Flat 26, Hannah Building, 56 Watney Street, London, E1 2QU is a leasehold flat built between 2007-2011. The property offers approximately 603 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 £438,122 , which equates to approximately £727 per square foot. It was last sold on 9 Dec 2016 for £450,000. Since then, the value has decreased by £11,878, representing a 2.6% decrease, or approximately 0.3% per year.

The current estimated value of £438,122 is:

  • 58.6% higher than the average property price on Watney Street
  • 36.1% higher than the average in the E1 2QU postcode area
  • and 49.9% 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 29 December 2020, 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
603 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£438,122
Price Per sq ft (estimate)
£727
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 26, 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 29 Dec 2020.

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 22 May 2009. The rating of B is unchanged, though the energy efficiency score decreased by 4.6%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from very good to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water energy efficiency changing from very good to good, while the system remained as from main system.
  • The wall construction or insulation changed from system built, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 80% of fixed outlets to low energy lighting in 67% of fixed outlets, with efficiency changing from very good to 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
Good
Lighting
Low energy lighting in 67% of fixed outlets
Good

Compared to E1 2QU

2 nd / 11
Price Rank
36% higher than average
6 th / 11
Size Rank
2% bigger than average
2 nd / 11
Price Per Sq FT Rank
33% higher than average

Compared to other properties in E1 2QU , this flat's estimated value ranks 2nd out of 11. Based on price per square foot, it ranks 2nd out of 11 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 6th out of 11 properties in its postcode area.

Sale History

Today
£438,122
streetscan.co.uk estimate
-3 %
9 Dec 2016
£450,000
Leasehold
+332.7 %
23 Jul 2010
£104,000
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: £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
rooms: 3
size: 667 sq ft
sale price: £161,000
sale date: 17 May 2016

Data Sources

The property at Flat 26, Hannah Building, 56 Watney Street, London, E1 2QU appears two times in the Land Registry records, with the latest transaction recorded on 9 Dec 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 29 Dec 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.