Flat 5, Wesley House, 2B Powell Road, London, E5 8DJ is a leasehold flat built between 2003-2006. The property offers approximately 743 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £508,627 , which equates to approximately £685 per square foot. It was last sold on 24 Jan 2024 for £525,000. Since then, the value has decreased by £16,373, representing a 3.1% decrease, or approximately 1.7% per year.

The current estimated value of £508,627 is:

  • 13.6% lower than the average property price on Powell Road
  • 32.0% lower than the average in the E5 8DJ postcode area
  • and 41.9% lower than the average price for London as a whole

At the most recent EPC inspection on 24 February 2021, the property was recorded as rented.

View sold house prices in E5 8DJ

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
743 sq ft
Tenure
Leasehold
Price (estimate)
£508,627
Price Per sq ft (estimate)
£685
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 5, Wesley House, 2B Powell Road, London, Hackney, Greater London, E5 8DJ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 24 Feb 2021.

This property uses electric underfloor heating 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 5 Apr 2011. The rating of C remains the same, but the energy efficiency score improved by 11.6%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from very poor to average, while the heating system type remained the same (electric underfloor heating).
  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to average.
  • The wall construction or insulation changed from average thermal transmittance 0.27 w/m?k to timber frame, as built, insulated (assumed), changing energy efficiency from very good to 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
Electric underfloor heating
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Timber frame, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E5 8DJ

41 st / 59
Price Rank
32% lower than average
23 rd / 36
Size Rank
21% smaller than average
21 st / 36
Price Per Sq FT Rank
14% lower than average

Compared to other properties in E5 8DJ , this flat's estimated value ranks 41th out of 59. Based on price per square foot, it ranks 21th out of 36 properties. In terms of size, this home ranks 23th out of 36 properties in its postcode area.

Sale History

Today
£508,627
streetscan.co.uk estimate
-3 %
24 Jan 2024
£525,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 1, Wesley House, 2B Powell Road, London, E5 8DJ
rooms: 3
size: 840 sq ft
sale price: £610,000
sale date: 10 Nov 2023
Flat 6, Wesley House, 2B Powell Road, London, E5 8DJ
rooms: 3
size: 840 sq ft
sale price: £570,000
sale date: 10 Nov 2023
Flat 4, Wesley House, 2B Powell Road, London, E5 8DJ
rooms: 3
size: 764 sq ft
sale price: £495,000
sale date: 10 Nov 2023
Flat 8, Wesley House, 2B Powell Road, London, E5 8DJ
rooms: 3
size: 764 sq ft
sale price: £500,000
sale date: 10 Nov 2023
Flat 23, Newcombe House Powell Road, London, E5 8DH
rooms: 2
size: 635 sq ft
sale price: £265,000
sale date: 5 Dec 2014

Data Sources

The property at Flat 5, Wesley House, 2B Powell Road, London, Hackney, Greater London, E5 8DJ appears once in the Land Registry records, with the transaction recorded on 24 Jan 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Feb 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.
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