Flat 3, Drake House, 4 Victory Place, London, E14 8BG is a leasehold flat built between 1996-2002. The property offers approximately 474 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 £493,603 , which equates to approximately £1,042 per square foot. It was last sold on 23 Sep 2005 for £245,000. Since then, the value has increased by £248,603, representing a 101.5% increase, or approximately 5.0% per year.

The current estimated value of £493,603 is:

  • 28.4% lower than the average property price on Victory Place
  • 32.2% lower than the average in the E14 8BG postcode area
  • and 43.6% lower than the average price for London as a whole

At the most recent EPC inspection on 18 May 2021, the property was recorded as rented.

View sold house prices in E14 8BG

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
474 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£493,603
Price Per sq ft (estimate)
£1,042
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 3, Drake House, 4 Victory Place, London, Tower Hamlets, Greater London, E14 8BG has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 18 May 2021.

This property uses an electric boiler with radiators as its main heating source. Hot water is provided from the main heating system, though the cylinder has no thermostat. The windows are fully double glazed.

The previous EPC assessment was conducted on 14 Jul 2009. The rating of C is unchanged, though the energy efficiency score decreased by 2.6%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from boiler and radiators, mains gas to boiler and radiators, electric, changing energy efficiency from good to average.
  • The hot water system was changed from from main system to from main system, no cylinder thermostat, with its energy efficiency changing from good to poor.
  • The lighting was updated from no low energy lighting to low energy lighting in 75% of fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, electric
Average
Hot Water
From main system, no cylinder thermostat
Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 75% of fixed outlets
Very Good

Compared to E14 8BG

49 th / 61
Price Rank
32% lower than average
53 rd / 53
Size Rank
38% smaller than average
19 th / 53
Price Per Sq FT Rank
9% higher than average

Compared to other properties in E14 8BG , this flat's estimated value ranks 49th out of 61. Based on price per square foot, it ranks 19th out of 53 properties. In terms of size, this home ranks 53th out of 53 properties in its postcode area.

Sale History

Today
£493,603
streetscan.co.uk estimate
+101 %
23 Sep 2005
£245,000
Leasehold
+8.4 %
18 Dec 2003
£226,000
Leasehold
+136.6 %
18 Sep 1996
£95,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 484 sq ft
sale price: £460,000
sale date: 26 Sep 2024
rooms: 2
size: 527 sq ft
sale price: £470,000
sale date: 15 Feb 2024
rooms: 2
size: 495 sq ft
sale price: £450,000
sale date: 30 Jun 2021
rooms: 2
size: 497 sq ft
sale price: £440,000
sale date: 16 Oct 2020
rooms: 2
size: 506 sq ft
sale price: £337,500
sale date: 7 Dec 2012

Data Sources

The property at Flat 3, Drake House, 4 Victory Place, London, E14 8BG appears three times in the Land Registry records, with the latest transaction recorded on 23 Sep 2005. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 18 May 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.