Flat 3, Ares Court Homer Drive, London, E14 3UL is a leasehold flat built between 1983-1990. The property offers approximately 570 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £338,940 , which equates to approximately £594 per square foot. It was last sold on 18 Jul 2017 for £340,000. Since then, the value has decreased by £1,060, representing a 0.3% decrease, or approximately 0.0% per year.

The current estimated value of £338,940 is:

  • 37.6% lower than the average property price on Homer Drive
  • 18.2% lower than the average in the E14 3UL postcode area
  • and 61.3% lower than the average price for London as a whole

At the most recent EPC inspection on 7 August 2024, the property was recorded as owner-occupied.

View sold house prices in E14 3UL

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
570 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£338,940
Price Per sq ft (estimate)
£594
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 3, Ares Court Homer Drive, London, Tower Hamlets, Greater London, E14 3UL has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 7 Aug 2024.

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 18 Nov 2008, when the property was rated F. Since then, the rating has improved to E, with the energy efficiency score increasing by 74.2%.

Since the previous assessment, several changes were observed:

  • The heating system changed from electric ceiling heating to room heaters, electric, with no change in energy efficiency (very poor).
  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The lighting was updated from no low energy lighting to low energy lighting in all 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
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E14 3UL

16 th / 16
Price Rank
18% lower than average
7 th / 16
Size Rank
10% smaller than average
16 th / 16
Price Per Sq FT Rank
9% lower than average

Compared to other properties in E14 3UL , this flat's estimated value ranks 16th out of 16. Based on price per square foot, it ranks 16th out of 16 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 7th out of 16 properties in its postcode area.

Sale History

Today
£338,940
streetscan.co.uk estimate
-0 %
18 Jul 2017
£340,000
Leasehold
+532.6 %
5 Dec 1996
£53,750
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 527 sq ft
sale price: £300,000
sale date: 9 Feb 2022
rooms: 2
size: 538 sq ft
sale price: £367,000
sale date: 24 Jan 2019
rooms: 2
size: 578 sq ft
sale price: £355,000
sale date: 13 Sep 2017
rooms: 2
size: 614 sq ft
sale price: £315,000
sale date: 23 Mar 2015
rooms: 2
size: 517 sq ft
sale price: £299,995
sale date: 10 Sep 2014

Data Sources

The property at Flat 3, Ares Court Homer Drive, London, E14 3UL appears two times in the Land Registry records, with the latest transaction recorded on 18 Jul 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 7 Aug 2024. 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.