Flat 40, 4 New Crane Place, London, E1W 3TS is a leasehold other property built before 1900. The property offers approximately 1,270 square feet of living space and is situated on the 5th floor. In this location, properties of similar size usually have four bedrooms.

The estimated current market value of the property is £700,381 , which equates to approximately £551 per square foot. It was last sold on 26 Oct 2022 for £806,000. Since then, the value has decreased by £105,619, representing a 13.1% decrease, or approximately 4.2% per year.

The current estimated value of £700,381 is:

  • 1.8% lower than the average property price on New Crane Place
  • 9.5% higher than the average in the E1W 3TS postcode area
  • and 16.2% lower than the average price for London as a whole

View sold house prices in E1W 3TS

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
1270 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£700,381
Price Per sq ft (estimate)
£551
Bedroom Count (estimate)
4 bedrooms

EPC Summary

Flat 40, 4 New Crane Place, London, Tower Hamlets, Greater London Authority, E1W 3TS has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 6 Feb 2019.

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 single glazed.

The previous EPC assessment was conducted on 29 May 2009, when the property was rated C. The current rating of E reflects a decline in energy efficiency of 24.6%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, insulated (assumed) to pitched, no insulation (assumed), changing energy efficiency from average to very poor.
  • The wall construction or insulation changed from solid brick, as built, insulated (assumed) to solid brick, as built, no insulation (assumed), changing energy efficiency from good to very poor.
  • The windows were upgraded from partial double glazing to single glazed.
  • The lighting was updated from low energy lighting in 10% of fixed outlets to low energy lighting in 88% of fixed outlets, with efficiency improving from poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, no insulation (assumed)
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in 88% of fixed outlets
Very Good

Compared to E1W 3TS

17 th / 36
Price Rank
9% higher than average
6 th / 29
Size Rank
56% bigger than average
28 th / 29
Price Per Sq FT Rank
30% lower than average

Compared to other properties in E1W 3TS , this flat's estimated value ranks 17th out of 36. Based on price per square foot, it ranks 28th out of 29 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 6th out of 29 properties in its postcode area.

Sale History

Today
£700,381
streetscan.co.uk estimate
-13 %
26 Oct 2022
£806,000
Leasehold

Area Insights

Nearby Properties

rooms: 3
size: 646 sq ft
sale price: £505,000
sale date: 29 Oct 2024
rooms: 3
size: 936 sq ft
sale price: £595,000
sale date: 26 Mar 2024
rooms: 3
size: 1012 sq ft
sale price: £275,005
sale date: 28 Sep 2000
rooms: 3
size: 1141 sq ft
sale price: £331,000
sale date: 28 Mar 2002
rooms: 3
size: 678 sq ft
sale price: £247,500
sale date: 5 Dec 2003

Data Sources

The property at Flat 40, 4 New Crane Place, London, Tower Hamlets, Greater London Authority, E1W 3TS appears once in the Land Registry records, with the transaction recorded on 26 Oct 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 6 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.