Flat 3, Welstead House Cannon Street Road, London, E1 2LJ is a leasehold flat built between 1950-1966. The property offers approximately 1,023 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 £294,033 , which equates to approximately £288 per square foot. It was last sold on 6 Aug 2008 for £195,000. Since then, the value has increased by £99,033, representing a 50.8% increase, or approximately 2.9% per year.

The current estimated value of £294,033 is:

  • 36.6% lower than the average property price on Cannon Street Road
  • 16.6% lower than the average in the E1 2LJ postcode area
  • and 66.4% lower than the average price for London as a whole

At the most recent EPC inspection on 11 May 2021, the property was recorded as rented.

View sold house prices in E1 2LJ

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
1023 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£294,033
Price Per sq ft (estimate)
£288
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 3, Welstead House Cannon Street Road, London, Tower Hamlets, Greater London, E1 2LJ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 11 May 2021.

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 fully double glazed.

The previous EPC assessment was conducted on 28 Jun 2010. 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 wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to solid brick, with external insulation, improving energy efficiency from poor to good.
  • The lighting was changed from low energy lighting in all fixed outlets to low energy lighting in 91% of fixed outlets, with no change in efficiency (very good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, with external insulation
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 91% of fixed outlets
Very Good

Compared to E1 2LJ

14 th / 17
Price Rank
17% lower than average
2 nd / 16
Size Rank
33% bigger than average
15 th / 16
Price Per Sq FT Rank
37% lower than average

Compared to other properties in E1 2LJ , this flat's estimated value ranks 14th out of 17. Based on price per square foot, it ranks 15th 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 2nd out of 16 properties in its postcode area.

Sale History

Today
£294,033
streetscan.co.uk estimate
+51 %
6 Aug 2008
£195,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 947 sq ft
sale price: £440,000
sale date: 19 Oct 2023
rooms: 6
size: 969 sq ft
sale price: £255,000
sale date: 23 Feb 2011
rooms: 5
size: 1012 sq ft
sale price: £410,000
sale date: 25 Jun 2010

Data Sources

The property at Flat 3, Welstead House Cannon Street Road, London, Tower Hamlets, Greater London, E1 2LJ appears once in the Land Registry records, with the transaction recorded on 6 Aug 2008. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 11 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.