Flat 5, 47 Cherrywood Close, London, E3 2DQ is a leasehold flat built in 2007 onwards. The property offers approximately 840 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 £95,561 , which equates to approximately £114 per square foot. It was last sold on 16 Sep 2016 for £98,750. Since then, the value has decreased by £3,189, representing a 3.2% decrease, or approximately 0.3% per year.

The current estimated value of £95,561 is:

  • 65.8% lower than the average property price on Cherrywood Close
  • 67.5% lower than the average in the E3 2DQ postcode area
  • and 89.1% lower than the average price for London as a whole

At the most recent EPC inspection on 23 March 2016, the property was recorded as owner-occupied.

View sold house prices in E3 2DQ

Building approximate location

About Property

Type
Flat
Built
2007 onwards
Interior Size
840 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£95,561
Price Per sq ft (estimate)
£114
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 5, 47 Cherrywood Close, London, Tower Hamlets, Greater London Authority, E3 2DQ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 23 Mar 2016.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 11 Sep 2012. The rating of C remains the same, but the energy efficiency score improved by 8.1%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to electric storage heaters, improving energy efficiency from very poor to average.
  • The hot water system changed from electric immersion, standard tariff to electric immersion, off-peak, with no change in energy efficiency (very poor).
  • The wall energy efficiency improving from good to very good, with the construction or insulation remaining cavity wall, as built, insulated (assumed).
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Walls
Cavity wall, as built, insulated (assumed)
Very Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E3 2DQ

10 th / 10
Price Rank
68% lower than average
1 st / 6
Size Rank
25% bigger than average
6 th / 6
Price Per Sq FT Rank
74% lower than average

Compared to other properties in E3 2DQ , this flat's estimated value ranks 10th out of 10. Based on price per square foot, it ranks 6th out of 6 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 1st out of 6 properties in its postcode area.

Sale History

Today
£95,561
streetscan.co.uk estimate
-3 %
16 Sep 2016
£98,750
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 4, 47 Cherrywood Close, London, E3 2DQ
rooms: 3
size: 764 sq ft
sale price: £157,500
sale date: 26 Jun 2018

Data Sources

The property at Flat 5, 47 Cherrywood Close, London, Tower Hamlets, Greater London Authority, E3 2DQ appears once in the Land Registry records, with the transaction recorded on 16 Sep 2016. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 23 Mar 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.
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