Flat 5, Penny Gaff House, 89 Redchurch Street, London, E2 7DJ is a leasehold flat built in 2012 onwards. The property offers approximately 452 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 £669,778 , which equates to approximately £1,482 per square foot. It was last sold on 12 Feb 2013 for £440,000. Since then, the value has increased by £229,778, representing a 52.2% increase, or approximately 4.1% per year.

The current estimated value of £669,778 is:

  • 26.9% lower than the average property price on Redchurch Street
  • 27.7% lower than the average in the E2 7DJ postcode area
  • and 23.5% lower than the average price for London as a whole

At the most recent EPC inspection on 14 November 2022, the property was recorded as rented.

View sold house prices in E2 7DJ

Building approximate location

About Property

Type
Flat
Built
2012 onwards
Interior Size
452 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£669,778
Price Per sq ft (estimate)
£1,482
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 5, Penny Gaff House, 89 Redchurch Street, London, Tower Hamlets, Greater London, E2 7DJ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 14 Nov 2022.

This property uses an electric boiler with underfloor heating 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 19 Dec 2012, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 14.8%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from air source heat pump, underfloor, electric to boiler and underfloor heating, electric, changing energy efficiency from good to very poor.
  • The hot water energy efficiency changing from average to very poor, while the system remained as from main system.
  • The roof construction or insulation changed from average thermal transmittance 0.16 w/m?k to (another dwelling above), changing energy efficiency from good to n/a.
  • The wall construction or insulation changed from average thermal transmittance 0.75 w/m?k to system built, as built, insulated (assumed), improving energy efficiency from average to very good.
  • The windows were upgraded from high performance glazing to fully double glazed.
  • The lighting was changed from low energy lighting in 75% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Boiler and underfloor heating, electric
Very Poor
Hot Water
From main system
Very Poor
Walls
System built, as built, insulated (assumed)
Very Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E2 7DJ

22 nd / 31
Price Rank
28% lower than average
19 th / 21
Size Rank
44% smaller than average
2 nd / 21
Price Per Sq FT Rank
29% higher than average

Compared to other properties in E2 7DJ , this flat's estimated value ranks 22th out of 31. Based on price per square foot, it ranks 2nd out of 21 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 19th out of 21 properties in its postcode area.

Sale History

Today
£669,778
streetscan.co.uk estimate
+52 %
12 Feb 2013
£440,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 10, Euphoria Building, 95 Redchurch Street, London, E2 7DJ
rooms: 3
size: 409 sq ft
sale price: £406,500
sale date: 23 Jan 2012
61A Redchurch Street, London, E2 7DJ
rooms: 2
size: 398 sq ft
sale price: £125,000
sale date: 5 Jun 2000
Flat 5, 92 Redchurch Street, London, E2 7GP
rooms: 2
size: 495 sq ft
sale price: £425,000
sale date: 4 Feb 2014

Data Sources

The property at Flat 5, Penny Gaff House, 89 Redchurch Street, London, Tower Hamlets, Greater London, E2 7DJ appears once in the Land Registry records, with the transaction recorded on 12 Feb 2013. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Nov 2022. 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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