Flat 5, Lavette House, 129 Rainhill Way, London, E3 3EE is a leasehold flat built between 1991-1995. The property offers approximately 495 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £241,539 , which equates to approximately £488 per square foot. It was last sold on 9 Apr 2021 for £270,000. Since then, the value has decreased by £28,461, representing a 10.5% decrease, or approximately 2.3% per year.

The current estimated value of £241,539 is:

  • 27.5% lower than the average property price on Rainhill Way
  • 7.4% lower than the average in the E3 3EE postcode area
  • and 72.4% lower than the average price for London as a whole

View sold house prices in E3 3EE

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
495 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£241,539
Price Per sq ft (estimate)
£488
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 5, Lavette House, 129 Rainhill Way, London, Tower Hamlets, Greater London Authority, E3 3EE has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 3 Jun 2020.

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.

Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 60% of fixed outlets
Good

Compared to E3 3EE

7 th / 10
Price Rank
7% lower than average
3 rd / 8
Size Rank
4% bigger than average
6 th / 8
Price Per Sq FT Rank
11% lower than average

Compared to other properties in E3 3EE , this flat's estimated value ranks 7th out of 10. Based on price per square foot, it ranks 6th out of 8 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 3rd out of 8 properties in its postcode area.

Sale History

Today
£241,539
streetscan.co.uk estimate
-11 %
9 Apr 2021
£270,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 495 sq ft
sale price: £295,000
sale date: 6 Sep 2024
rooms: 2
size: 452 sq ft
sale price: £270,000
sale date: 26 Apr 2024
rooms: 2
size: 474 sq ft
sale price: £255,000
sale date: 15 Oct 2021
rooms: 3
size: 484 sq ft
sale price: £210,000
sale date: 2 Mar 2007
rooms: 2
size: 495 sq ft
sale price: £102,000
sale date: 11 May 2006

Data Sources

The property at Flat 5, Lavette House, 129 Rainhill Way, London, Tower Hamlets, Greater London Authority, E3 3EE appears once in the Land Registry records, with the transaction recorded on 9 Apr 2021. It also has a single Energy Performance Certificate (EPC) from 3 Jun 2020. 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.