Flat 3, 2 Palmers Road, London, E2 0SX is a leasehold flat built between 2003-2006. The property offers approximately 1,001 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £549,427 , which equates to approximately £549 per square foot. It was last sold on 26 Oct 2005 for £275,000. Since then, the value has increased by £274,427, representing a 99.8% increase, or approximately 5.0% per year.

The current estimated value of £549,427 is:

  • 8.4% higher than the average property price on Palmers Road
  • 17.4% lower than the average in the E2 0SX postcode area
  • and 37.2% lower than the average price for London as a whole

At the most recent EPC inspection on 9 December 2022, the property was recorded as owner-occupied.

View sold house prices in E2 0SX

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
1001 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£549,427
Price Per sq ft (estimate)
£549
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 3, 2 Palmers Road, London, Tower Hamlets, Greater London, E2 0SX has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 9 Dec 2022.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 14 Jun 2009. The rating of C remains the same, but the energy efficiency score improved by 1.3%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from poor to very poor.
  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from timber frame, as built, insulated (assumed) to system built, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from no low energy lighting to low energy lighting in 92% of fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 92% of fixed outlets
Very Good

Compared to E2 0SX

14 th / 20
Price Rank
17% lower than average
3 rd / 18
Size Rank
18% bigger than average
16 th / 18
Price Per Sq FT Rank
30% lower than average

Compared to other properties in E2 0SX , this flat's estimated value ranks 14th out of 20. Based on price per square foot, it ranks 16th out of 18 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 3rd out of 18 properties in its postcode area.

Sale History

Today
£549,427
streetscan.co.uk estimate
+100 %
26 Oct 2005
£275,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 15, 2 Palmers Road, London, E2 0SX
rooms: 3
size: 865 sq ft
sale price: £580,000
sale date: 15 Dec 2017
Flat 5, 2 Palmers Road, London, E2 0SX
rooms: 3
size: 975 sq ft
sale price: £475,000
sale date: 25 Feb 2015
Flat 25, 2 Palmers Road, London, E2 0SX
rooms: 3
size: 1055 sq ft
sale price: £468,000
sale date: 8 Feb 2013
Flat 27, 2 Palmers Road, London, E2 0SX
rooms: 3
size: 883 sq ft
sale price: £420,000
sale date: 25 Nov 2011
Flat 2, 2 Palmers Road, London, E2 0SX
rooms: 3
size: 990 sq ft
sale price: £249,995
sale date: 2 Aug 2005

Data Sources

The property at Flat 3, 2 Palmers Road, London, Tower Hamlets, Greater London, E2 0SX appears once in the Land Registry records, with the transaction recorded on 26 Oct 2005. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 9 Dec 2022. 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.
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