Flat 3, 3 Millennium Drive, London, E14 3GD is a leasehold flat built between 1983-1990. The property offers approximately 936 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 £400,722 , which equates to approximately £428 per square foot. It was last sold on 28 May 2021 for £440,000. Since then, the value has decreased by £39,278, representing a 8.9% decrease, or approximately 2.0% per year.

The current estimated value of £400,722 is:

  • 29.1% lower than the average property price on Millennium Drive
  • 17.6% lower than the average in the E14 3GD postcode area
  • and 54.2% 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 11 March 2021, the property was recorded as rented.

View sold house prices in E14 3GD

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
936 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£400,722
Price Per sq ft (estimate)
£428
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 3, 3 Millennium Drive, London, Tower Hamlets, Greater London, E14 3GD has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 11 Mar 2021.

This property uses electric storage 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 2 Nov 2010, when the property was rated D. Since then, the rating has improved to B, with the energy efficiency score increasing by 28.1%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The wall construction or insulation changed from timber frame, 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 57% of fixed outlets to low energy lighting in 89% of fixed outlets, with efficiency improving from good to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 89% of fixed outlets
Very Good

Compared to E14 3GD

14 th / 16
Price Rank
18% lower than average
4 th / 15
Size Rank
11% bigger than average
14 th / 15
Price Per Sq FT Rank
26% lower than average

Compared to other properties in E14 3GD , this flat's estimated value ranks 14th out of 16. Based on price per square foot, it ranks 14th out of 15 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 4th out of 15 properties in its postcode area.

Sale History

Today
£400,722
streetscan.co.uk estimate
-9 %
28 May 2021
£440,000
Leasehold
+81.1 %
30 Jul 2004
£243,000
Leasehold
+72.8 %
25 Feb 2000
£140,600
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 915 sq ft
sale price: £385,000
sale date: 31 Jan 2024
rooms: 3
size: 969 sq ft
sale price: £480,000
sale date: 22 Jan 2021
rooms: 3
size: 861 sq ft
sale price: £420,000
sale date: 7 Jun 2019
rooms: 3
size: 926 sq ft
sale price: £499,999
sale date: 1 Jun 2018
rooms: 3
size: 1012 sq ft
sale price: £461,000
sale date: 30 Oct 2015

Data Sources

The property at Flat 3, 3 Millennium Drive, London, E14 3GD appears three times in the Land Registry records, with the latest transaction recorded on 28 May 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 11 Mar 2021. 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.