Flat 5, 8 Millennium Drive, London, E14 3GH is a leasehold flat built between 1996-2002. The property offers approximately 1,464 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have five bedrooms.

The estimated current market value of the property is £771,609 , which equates to approximately £527 per square foot. It was last sold on 13 Aug 2010 for £490,000. Since then, the value has increased by £281,609, representing a 57.5% increase, or approximately 3.7% per year.

The current estimated value of £771,609 is:

  • 36.6% higher than the average property price on Millennium Drive
  • 14.4% higher than the average in the E14 3GH postcode area
  • and 11.8% 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 24 April 2013, the property was recorded as owner-occupied.

View sold house prices in E14 3GH

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
1464 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£771,609
Price Per sq ft (estimate)
£527
Bedroom Count (estimate)
5 bedrooms

EPC Summary

Flat 5, 8 Millennium Drive, London, Tower Hamlets, Greater London Authority, E14 3GH has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 24 Apr 2013.

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 the main heating system, though the cylinder has no thermostat. The windows are fully double glazed.

The previous EPC assessment was conducted on 26 May 2010. The rating of C is unchanged, though the energy efficiency score decreased by 7.9%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from from main system to from main system, no cylinder thermostat, with its energy efficiency changing from good to average.
  • The roof construction or insulation changed from pitched, 200 mm loft insulation to pitched, insulated (assumed), with no change in energy efficiency (good).
  • The wall construction or insulation changed from cavity wall, with internal insulation to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system, no cylinder thermostat
Average
Roof
Pitched, insulated (assumed)
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to E14 3GH

22 nd / 50
Price Rank
14% higher than average
7 th / 41
Size Rank
34% bigger than average
36 th / 41
Price Per Sq FT Rank
15% lower than average

Compared to other properties in E14 3GH , this flat's estimated value ranks 22th out of 50. Based on price per square foot, it ranks 36th out of 41 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 7th out of 41 properties in its postcode area.

Sale History

Today
£771,609
streetscan.co.uk estimate
+57 %
13 Aug 2010
£490,000
Leasehold
+32.4 %
24 Nov 2005
£370,000
Leasehold
+68.2 %
2 Jul 1999
£220,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 1442 sq ft
sale price: £680,000
sale date: 30 Aug 2024
rooms: 4
size: 1453 sq ft
sale price: £745,000
sale date: 20 Apr 2018
rooms: 5
size: 1636 sq ft
sale price: £541,500
sale date: 26 Jul 2013
rooms: 3
size: 1310 sq ft
sale price: £478,000
sale date: 17 Jun 2013
rooms: 3
size: 1345 sq ft
sale price: £415,000
sale date: 2 Sep 2009

Data Sources

The property at Flat 5, 8 Millennium Drive, London, E14 3GH appears three times in the Land Registry records, with the latest transaction recorded on 13 Aug 2010. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Apr 2013. 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.