Flat 502, Michigan Building, 2 Biscayne Avenue, London, E14 9QT is a leasehold flat built between 2007-2011. The property offers approximately 570 square feet of living space and is situated on the 5th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £395,276 , which equates to approximately £693 per square foot. It was last sold on 31 Mar 2016 for £413,000. Since then, the value has decreased by £17,724, representing a 4.3% decrease, or approximately 0.4% per year.

The current estimated value of £395,276 is:

  • 22.8% lower than the average property price on Biscayne Avenue
  • 9.3% lower than the average in the E14 9QT postcode area
  • and 54.8% lower than the average price for London as a whole

At the most recent EPC inspection on 4 September 2023, the property was recorded as rented.

View sold house prices in E14 9QT

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
570 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£395,276
Price Per sq ft (estimate)
£693
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 502, Michigan Building, 2 Biscayne Avenue, London, Tower Hamlets, Greater London, E14 9QT has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 4 Sep 2023.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 23 Jul 2013. The rating of C remains the same, but the energy efficiency score improved by 7.2%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E14 9QT

26 th / 76
Price Rank
9% lower than average
28 th / 72
Size Rank
5% bigger than average
22 nd / 72
Price Per Sq FT Rank
14% lower than average

Compared to other properties in E14 9QT , this flat's estimated value ranks 26th out of 76. Based on price per square foot, it ranks 22th out of 72 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 28th out of 72 properties in its postcode area.

Sale History

Today
£395,276
streetscan.co.uk estimate
-4 %
31 Mar 2016
£413,000
Leasehold
+68.6 %
23 Jul 2004
£245,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 581 sq ft
sale price: £330,000
sale date: 31 Jul 2023
rooms: 2
size: 506 sq ft
sale price: £380,000
sale date: 1 Apr 2019
rooms: 2
size: 538 sq ft
sale price: £360,000
sale date: 8 Mar 2019
rooms: 2
size: 538 sq ft
sale price: £355,000
sale date: 5 Dec 2018
rooms: 2
size: 538 sq ft
sale price: £391,000
sale date: 21 Sep 2018

Data Sources

The property at Flat 502, Michigan Building, 2 Biscayne Avenue, London, E14 9QT appears two times in the Land Registry records, with the latest transaction recorded on 31 Mar 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 4 Sep 2023. 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.