Flat 5, 7 Millennium Drive, London, E14 3GH is a leasehold flat built between 1976-1982. The property offers approximately 1,012 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £629,946 , which equates to approximately £623 per square foot. It was last sold on 6 Aug 2007 for £425,000. Since then, the value has increased by £204,946, representing a 48.2% increase, or approximately 2.6% per year.

The current estimated value of £629,946 is:

  • 11.5% higher than the average property price on Millennium Drive
  • 6.6% lower than the average in the E14 3GH postcode area
  • and 28.0% 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 rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 12 November 2021, the property was recorded as rented.

View sold house prices in E14 3GH

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
1012 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£629,946
Price Per sq ft (estimate)
£623
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 5, 7 Millennium Drive, London, Tower Hamlets, Greater London, E14 3GH has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 12 Nov 2021.

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 28 Oct 2011, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 9.3%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, insulated at rafters to pitched, 100 mm loft insulation, with no change in energy efficiency (average).
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to solid brick, as built, partial insulation (assumed), changing energy efficiency from good to average.
  • The lighting was updated from no low energy lighting to low energy lighting in 63% of fixed outlets, with efficiency improving from very poor to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 100 mm loft insulation
Average
Walls
Solid brick, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 63% of fixed outlets
Good

Compared to E14 3GH

42 nd / 50
Price Rank
7% lower than average
21 st / 41
Size Rank
7% smaller than average
27 th / 41
Price Per Sq FT Rank
1% higher than average

Compared to other properties in E14 3GH , this flat's estimated value ranks 42th out of 50. Based on price per square foot, it ranks 27th out of 41 properties. In terms of size, this home ranks 21th out of 41 properties in its postcode area.

Sale History

Today
£629,946
streetscan.co.uk estimate
+48 %
6 Aug 2007
£425,000
Leasehold
+107.3 %
21 Jan 2000
£205,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 893 sq ft
sale price: £525,000
sale date: 21 Aug 2019
rooms: 3
size: 926 sq ft
sale price: £497,500
sale date: 24 Apr 2017
rooms: 3
size: 1109 sq ft
sale price: £610,000
sale date: 11 Sep 2015
rooms: 3
size: 1152 sq ft
sale price: £510,000
sale date: 6 Feb 2015
rooms: 4
size: 904 sq ft
sale price: £460,000
sale date: 8 Oct 2014

Data Sources

The property at Flat 5, 7 Millennium Drive, London, E14 3GH appears two times in the Land Registry records, with the latest transaction recorded on 6 Aug 2007. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 12 Nov 2021. 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.