Flat 31, 1 Forge Square, London, E14 3GU is a leasehold flat built between 2003-2006. The property offers approximately 904 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £584,337 , which equates to approximately £646 per square foot. It was last sold on 5 Sep 2014 for £510,000. Since then, the value has increased by £74,337, representing a 14.6% increase, or approximately 1.3% per year.

The current estimated value of £584,337 is:

  • 34.8% higher than the average property price on Forge Square
  • 65.0% lower than the average in the E14 3GU postcode area
  • and 33.2% lower than the average price for London as a whole

View sold house prices in E14 3GU

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
904 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£584,337
Price Per sq ft (estimate)
£646
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 31, 1 Forge Square, London, Tower Hamlets, Greater London Authority, E14 3GU has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 20 Feb 2019.

This property is heated by a shared community system (community scheme). Community heating means the heat is supplied from a central source serving multiple homes. A community heating scheme is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 16 Feb 2009. The rating of B is unchanged, though the energy efficiency score decreased by 6.8%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from sap05:main-heating to community scheme, improving energy efficiency from n/a to good.
  • The hot water system was changed from sap05:hot-water to community scheme, with its energy efficiency improving from n/a to good.
  • The wall construction or insulation changed from average thermal transmittance 0.23 w/m²k to system built, as built, insulated (assumed), changing energy efficiency from very good to good.
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E14 3GU

20 th / 61
Price Rank
65% lower than average
3 rd / 37
Size Rank
59% smaller than average
31 st / 37
Price Per Sq FT Rank
14% lower than average

Compared to other properties in E14 3GU , this flat's estimated value ranks 20th out of 61. Based on price per square foot, it ranks 31th out of 37 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 3rd out of 37 properties in its postcode area.

Sale History

Today
£584,337
streetscan.co.uk estimate
+15 %
5 Sep 2014
£510,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 861 sq ft
sale price: £645,000
sale date: 29 Jul 2022
rooms: 3
size: 786 sq ft
sale price: £530,000
sale date: 23 Oct 2015
rooms: 3
size: 947 sq ft
sale price: £545,000
sale date: 28 May 2015
rooms: 3
size: 818 sq ft
sale price: £410,646
sale date: 13 Feb 2015
rooms: 4
size: 883 sq ft
sale price: £475,000
sale date: 21 Nov 2014

Data Sources

The property at Flat 31, 1 Forge Square, London, Tower Hamlets, Greater London Authority, E14 3GU appears once in the Land Registry records, with the transaction recorded on 5 Sep 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 20 Feb 2019. 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.