Flat 3, 5 Formosa Street, London, W9 1EE is a leasehold flat built between 1900-1929. The property offers approximately 269 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 £269,635 , which equates to approximately £1,002 per square foot. It was last sold on 13 Sep 2013 for £250,000. Since then, the value has increased by £19,635, representing a 7.9% increase, or approximately 0.6% per year.

The current estimated value of £269,635 is:

  • 70.3% lower than the average property price on Formosa Street
  • 62.8% lower than the average in the W9 1EE postcode area
  • and 69.2% lower than the average price for London as a whole

At the most recent EPC inspection on 15 December 2020, the property was recorded as rented.

View sold house prices in W9 1EE

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
269 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£269,635
Price Per sq ft (estimate)
£1,002
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 3, 5 Formosa Street, London, City Of Westminster, Greater London, W9 1EE has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 15 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 single glazed.

The previous EPC assessment was conducted on 13 Apr 2010. The rating of D remains the same, but the energy efficiency score improved by 3.2%.

Since the previous assessment, several changes were observed:

  • The heating system changed from boiler and underfloor heating, mains gas to boiler and radiators, mains gas, with no change in energy efficiency (good).
  • The roof construction or insulation changed from flat to flat, no insulation (assumed), changing energy efficiency from very good to very poor.
  • The wall construction or insulation changed from solid brick, as built, no insulation (assumed) to timber frame, as built, no insulation (assumed), improving energy efficiency from very poor to poor.
  • The lighting was updated from no low energy lighting to low energy lighting in 33% of fixed outlets, with efficiency improving from very poor to average.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Flat, no insulation (assumed)
Very Poor
Walls
Timber frame, as built, no insulation (assumed)
Poor
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in 33% of fixed outlets
Average

Compared to W9 1EE

16 th / 22
Price Rank
63% lower than average
7 th / 8
Size Rank
55% smaller than average
4 th / 8
Price Per Sq FT Rank
17% lower than average

Compared to other properties in W9 1EE , this flat's estimated value ranks 16th out of 22. Based on price per square foot, it ranks 4th out of 8 properties. In terms of size, this home ranks 7th out of 8 properties in its postcode area.

Sale History

Today
£269,635
streetscan.co.uk estimate
+8 %
13 Sep 2013
£250,000
Leasehold
+49.7 %
13 May 2004
£167,000
Leasehold
+20.1 %
15 Oct 2003
£139,000
Leasehold
+28.7 %
29 Mar 2000
£108,000
Leasehold
+30.1 %
9 Mar 2000
£83,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat C, 3 Formosa Street, London, W9 1EE
rooms: 2
size: 231 sq ft
sale price: £450,000
sale date: 1 Mar 2024
8C Formosa Street, London, W9 1EE
rooms: 2
size: 291 sq ft
sale price: £285,000
sale date: 31 Oct 2012

Data Sources

The property at Flat 3, 5 Formosa Street, London, W9 1EE appears five times in the Land Registry records, with the latest transaction recorded on 13 Sep 2013. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 15 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.
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