Flat 4, Penny Gaff House, 89 Redchurch Street, London, E2 7DJ is a leasehold flat built in 2012 onwards. The property offers approximately 689 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £784,289 , which equates to approximately £1,139 per square foot. It was last sold on 13 Dec 2013 for £615,000. Since then, the value has increased by £169,289, representing a 27.5% increase, or approximately 2.3% per year.

The current estimated value of £784,289 is:

  • 14.4% lower than the average property price on Redchurch Street
  • 15.3% lower than the average in the E2 7DJ postcode area
  • and 10.4% lower than the average price for London as a whole

At the most recent EPC inspection on 26 July 2024, the property was recorded as rented.

View sold house prices in E2 7DJ

Building approximate location

About Property

Type
Flat
Built
2012 onwards
Interior Size
689 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£784,289
Price Per sq ft (estimate)
£1,139
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 4, Penny Gaff House, 89 Redchurch Street, London, Tower Hamlets, Greater London, E2 7DJ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 26 Jul 2024.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 19 Dec 2012, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 16.9%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from air source heat pump, underfloor, electric to room heaters, electric, changing energy efficiency from very good to very poor.
  • The hot water system was changed from from main system to electric immersion, standard tariff, with its energy efficiency changing from average to very poor.
  • The roof construction or insulation changed from (other premises above) to (another dwelling above), with no change in energy efficiency (n/a).
  • The wall construction or insulation changed from average thermal transmittance 0.41 w/m?k to system built, as built, insulated (assumed), improving energy efficiency from good to very good.
  • The windows were upgraded from high performance glazing to fully double glazed.
  • The lighting was changed from low energy lighting in 75% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
System built, as built, insulated (assumed)
Very Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E2 7DJ

17 th / 31
Price Rank
15% lower than average
14 th / 21
Size Rank
15% smaller than average
10 th / 21
Price Per Sq FT Rank
1% lower than average

Compared to other properties in E2 7DJ , this flat's estimated value ranks 17th out of 31. Based on price per square foot, it ranks 10th out of 21 properties. In terms of size, this home ranks 14th out of 21 properties in its postcode area.

Sale History

Today
£784,289
streetscan.co.uk estimate
+28 %
13 Dec 2013
£615,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 689 sq ft
sale price: £500,000
sale date: 11 Oct 2013
rooms: 3
size: 635 sq ft
sale price: £175,000
sale date: 27 Apr 2000
rooms: 3
size: 592 sq ft
sale price: £455,000
sale date: 29 Nov 2019
rooms: 2
size: 614 sq ft
sale price: £670,000
sale date: 30 Mar 2016
rooms: 3
size: 775 sq ft
sale price: £799,000
sale date: 23 Jul 2014

Data Sources

The property at Flat 4, Penny Gaff House, 89 Redchurch Street, London, Tower Hamlets, Greater London, E2 7DJ appears once in the Land Registry records, with the transaction recorded on 13 Dec 2013. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 26 Jul 2024. 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.