Flat 28, Vermilion Apartments, 16 Gunmakers Lane, London, E3 5GG is a leasehold flat The property offers approximately 517 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £427,862 , which equates to approximately £828 per square foot. It was last sold on 26 Jul 2024 for £435,000. Since then, the value has decreased by £7,138, representing a 1.6% decrease, or approximately 1.2% per year.

The current estimated value of £427,862 is:

  • 15.0% lower than the average property price on Gunmakers Lane
  • 17.5% lower than the average in the E3 5GG postcode area
  • and 51.1% lower than the average price for London as a whole

View sold house prices in E3 5GG

Building approximate location

About Property

Type
Flat
Built
Interior Size
517 sq ft
Tenure
Leasehold
Price (estimate)
£427,862
Price Per sq ft (estimate)
£828
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 28, Vermilion Apartments, 16 Gunmakers Lane, London, Tower Hamlets, Greater London Authority, E3 5GG has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 1 Nov 2013.

This property is heated by a shared community system (community scheme). Community heating means the heat is supplied from a central source serving multiple homes. A community heating scheme is used to provide hot water. The windows are high performance glazing.

Heating Type
Community scheme
Very Good
Hot Water
Community scheme
Very Good
Roof
Average thermal transmittance 0 W/m?K
Good
Walls
Average thermal transmittance 0.21 W/m?K
Very Good
Windows
High performance glazing
Very Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E3 5GG

27 th / 45
Price Rank
18% lower than average
29 th / 45
Size Rank
16% smaller than average
7 th / 45
Price Per Sq FT Rank
1% lower than average

Compared to other properties in E3 5GG , this flat's estimated value ranks 27th out of 45. Based on price per square foot, it ranks 7th out of 45 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 29th out of 45 properties in its postcode area.

Sale History

Today
£427,862
streetscan.co.uk estimate
-2 %
26 Jul 2024
£435,000
Leasehold
+3.6 %
22 Mar 2019
£420,000
Leasehold
+40.5 %
13 Mar 2014
£299,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 495 sq ft
sale price: £440,000
sale date: 8 Nov 2024
rooms: 2
size: 517 sq ft
sale price: £432,500
sale date: 6 Aug 2024
rooms: 2
size: 506 sq ft
sale price: £415,000
sale date: 25 Mar 2024
rooms: 2
size: 506 sq ft
sale price: £499,000
sale date: 7 Feb 2023
rooms: 2
size: 527 sq ft
sale price: £425,000
sale date: 8 Sep 2017

Data Sources

The property at Flat 28, Vermilion Apartments, 16 Gunmakers Lane, London, E3 5GG appears three times in the Land Registry records, with the latest transaction recorded on 26 Jul 2024. It also has a single Energy Performance Certificate (EPC) from 1 Nov 2013. 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.