Flat 33, Sheridan Heights, 1 Spencer Way, London, E1 2PN is a leasehold flat built between 2003-2006. The property offers approximately 549 square feet of living space and is situated on the 4th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £116,851 , which equates to approximately £213 per square foot. It was last sold on 23 Sep 2016 for £120,750. Since then, the value has decreased by £3,899, representing a 3.2% decrease, or approximately 0.4% per year.

The current estimated value of £116,851 is:

  • 69.5% lower than the average property price on Spencer Way
  • 59.0% lower than the average in the E1 2PN postcode area
  • and 86.6% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 10 May 2016, the property was recorded as owner-occupied.

View sold house prices in E1 2PN

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
549 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£116,851
Price Per sq ft (estimate)
£213
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 33, Sheridan Heights, 1 Spencer Way, London, Tower Hamlets, Greater London Authority, E1 2PN has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 10 May 2016.

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 15 Apr 2013, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 2.5%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency improving from good to very good, while the system remained as from main system.
  • The lighting was updated from low energy lighting in 56% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Very Good
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E1 2PN

15 th / 16
Price Rank
59% lower than average
12 th / 16
Size Rank
13% smaller than average
15 th / 16
Price Per Sq FT Rank
53% lower than average

Compared to other properties in E1 2PN , this flat's estimated value ranks 15th out of 16. 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 12th out of 16 properties in its postcode area.

Sale History

Today
£116,851
streetscan.co.uk estimate
-3 %
23 Sep 2016
£120,750
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 506 sq ft
sale price: £370,000
sale date: 28 Oct 2019
rooms: 2
size: 549 sq ft
sale price: £122,500
sale date: 20 May 2019
rooms: 2
size: 538 sq ft
sale price: £380,000
sale date: 4 Apr 2017
rooms: 2
size: 549 sq ft
sale price: £72,500
sale date: 17 Feb 2014
rooms: 2
size: 624 sq ft
sale price: £240,000
sale date: 11 Oct 2013

Data Sources

The property at Flat 33, Sheridan Heights, 1 Spencer Way, London, Tower Hamlets, Greater London Authority, E1 2PN appears once in the Land Registry records, with the transaction recorded on 23 Sep 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 10 May 2016. 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.