Flat 326 Lexington Building, Bow Quarter, 60 Fairfield Road, London, E3 2UE is a leasehold flat built between 1996-2002. The property offers approximately 581 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £307,894 , which equates to approximately £530 per square foot. It was last sold on 9 Jun 2021 for £340,000. Since then, the value has decreased by £32,106, representing a 9.4% decrease, or approximately 2.1% per year.

The current estimated value of £307,894 is:

  • 33.3% lower than the average property price on Fairfield Road
  • 30.7% lower than the average in the E3 2UE postcode area
  • and 64.8% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as owner-occupied and once as rented, indicating a change in how it was used over time.

At the most recent EPC inspection on 28 March 2023, the property was recorded as owner-occupied.

View sold house prices in E3 2UE

Building approximate location

About Property

Type
Terraced Maisonette
Built
1996-2002
Interior Size
581 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£307,894
Price Per sq ft (estimate)
£530
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 326 Lexington Building, Bow Quarter, 60 Fairfield Road, London, Tower Hamlets, Greater London, E3 2UE has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 28 Mar 2023.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows have full secondary glazing.

The previous EPC assessment was conducted on 12 Feb 2021, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 16.2%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency changing from average to very poor, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from solid brick, as built, no insulation (assumed) to solid brick, as built, insulated (assumed), improving energy efficiency from very poor to good.
  • The lighting was updated from low energy lighting in 67% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Walls
Solid brick, as built, insulated (assumed)
Good
Windows
Full secondary glazing
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E3 2UE

81 st / 83
Price Rank
31% lower than average
27 th / 50
Size Rank
7% smaller than average
41 st / 50
Price Per Sq FT Rank
25% lower than average

Compared to other properties in E3 2UE , this maisonette's estimated value ranks 81th out of 83. Based on price per square foot, it ranks 41th out of 50 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 27th out of 50 properties in its postcode area.

Sale History

Today
£307,894
streetscan.co.uk estimate
-9 %
9 Jun 2021
£340,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 1
size: 517 sq ft
sale price: £380,000
sale date: 4 May 2023
rooms: 2
size: 549 sq ft
sale price: £470,000
sale date: 28 Jun 2021
rooms: 2
size: 537 sq ft
sale price: £340,000
sale date: 2 Mar 2020
rooms: 1
size: 592 sq ft
sale price: £500,000
sale date: 19 Jun 2019
rooms: 2
size: 575 sq ft
sale price: £308,500
sale date: 14 Dec 2018

Data Sources

The property at Flat 326 Lexington Building, Bow Quarter, 60 Fairfield Road, London, Tower Hamlets, Greater London, E3 2UE appears once in the Land Registry records, with the transaction recorded on 9 Jun 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 28 Mar 2023. 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.