Flat 50, Melwood House, 13 Watney Market, London, E1 2QX is a leasehold flat built between 1967-1975. The property offers approximately 958 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £353,120 , which equates to approximately £369 per square foot. It was last sold on 20 May 2015 for £332,500. Since then, the value has increased by £20,620, representing a 6.2% increase, or approximately 0.6% per year.

The current estimated value of £353,120 is:

  • 3.2% lower than the average property price on Watney Market
  • 12.6% lower than the average in the E1 2QX postcode area
  • and 59.7% lower than the average price for London as a whole

At the most recent EPC inspection on 6 June 2024, the property was recorded as rented.

View sold house prices in E1 2QX

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
958 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£353,120
Price Per sq ft (estimate)
£369
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 50, Melwood House, 13 Watney Market, London, Tower Hamlets, Greater London, E1 2QX has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 6 Jun 2024.

This property is heated by a shared community system (community scheme). Community heating means the heat is supplied from a central source serving multiple homes. A community heating scheme is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 7 Jun 2014, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 36.7%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to community scheme, improving energy efficiency from very poor to good.
  • The hot water system was changed from electric immersion, standard tariff to community scheme, with its energy efficiency improving from very poor to good.
  • The roof construction or insulation changed from (another dwelling above) to flat, limited insulation (assumed), improving energy efficiency from n/a to very poor.
  • The wall construction or insulation changed from cavity wall, to cavity wall, as built, no insulation (assumed), with no change in energy efficiency (poor).
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Roof
Flat, limited insulation (assumed)
Very Poor
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E1 2QX

12 th / 15
Price Rank
13% lower than average
6 th / 13
Size Rank
1% smaller than average
10 th / 13
Price Per Sq FT Rank
12% lower than average

Compared to other properties in E1 2QX , this flat's estimated value ranks 12th out of 15. Based on price per square foot, it ranks 10th out of 13 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 6th out of 13 properties in its postcode area.

Sale History

Today
£353,120
streetscan.co.uk estimate
+6 %
20 May 2015
£332,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 936 sq ft
sale price: £440,000
sale date: 22 Mar 2019
rooms: 4
size: 947 sq ft
sale price: £300,000
sale date: 27 Oct 2014
rooms: 4
size: 893 sq ft
sale price: £262,000
sale date: 17 Oct 2007
rooms: 4
size: 872 sq ft
sale price: £190,000
sale date: 24 Oct 2005
rooms: 5
size: 872 sq ft
sale price: £185,000
sale date: 16 Dec 2004

Data Sources

The property at Flat 50, Melwood House, 13 Watney Market, London, Tower Hamlets, Greater London, E1 2QX appears once in the Land Registry records, with the transaction recorded on 20 May 2015. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 6 Jun 2024. 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.


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