Flat 503, Michigan Building, 2 Biscayne Avenue, London, E14 9QT is a leasehold flat built between 2003-2006. The property offers approximately 323 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 £275,797 , which equates to approximately £854 per square foot. It was last sold on 8 Mar 2017 for £285,000. Since then, the value has decreased by £9,203, representing a 3.2% decrease, or approximately 0.4% per year.

The current estimated value of £275,797 is:

  • 46.1% lower than the average property price on Biscayne Avenue
  • 36.7% lower than the average in the E14 9QT postcode area
  • and 68.5% lower than the average price for London as a whole

At the most recent EPC inspection on 23 May 2021, the property was recorded as rented.

View sold house prices in E14 9QT

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
323 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£275,797
Price Per sq ft (estimate)
£854
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 503, Michigan Building, 2 Biscayne Avenue, London, Tower Hamlets, Greater London, E14 9QT has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 23 May 2021.

This property uses electric room heaters 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 18 Apr 2011. The rating of B is unchanged, though the energy efficiency score decreased by 1.2%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from poor to very poor, while the heating system type remained the same (room heaters, electric).
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to system built, as built, insulated (assumed), with no change in energy efficiency (good).
  • 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, off-peak
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

72 nd / 76
Price Rank
37% lower than average
65 th / 72
Size Rank
40% smaller than average
11 th / 72
Price Per Sq FT Rank
6% higher than average

Compared to other properties in E14 9QT , this flat's estimated value ranks 72th out of 76. Based on price per square foot, it ranks 11th 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 65th out of 72 properties in its postcode area.

Sale History

Today
£275,797
streetscan.co.uk estimate
-3 %
8 Mar 2017
£285,000
Leasehold
+75.7 %
6 Aug 2004
£162,174
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 1
size: 323 sq ft
sale price: £300,000
sale date: 29 Mar 2016
rooms: 1
size: 312 sq ft
sale price: £280,000
sale date: 3 Sep 2015
rooms: 1
size: 323 sq ft
sale price: £245,000
sale date: 27 Jan 2014
rooms: 1
size: 323 sq ft
sale price: £220,000
sale date: 12 Apr 2007
rooms: 1
size: 320 sq ft
sale price: £250,000
sale date: 28 Mar 2006

Data Sources

The property at Flat 503, Michigan Building, 2 Biscayne Avenue, London, E14 9QT appears two times in the Land Registry records, with the latest transaction recorded on 8 Mar 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 23 May 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.