Flat 51, 1 Forge Square, London, E14 3GU is a leasehold flat built in 2007 onwards. The property offers approximately 700 square feet of living space and is situated on the 5th floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £418,894 , which equates to approximately £599 per square foot. It was last sold on 26 Oct 2022 for £470,000. Since then, the value has decreased by £51,106, representing a 10.9% decrease, or approximately 3.5% per year.

The current estimated value of £418,894 is:

  • 3.4% lower than the average property price on Forge Square
  • 74.9% lower than the average in the E14 3GU postcode area
  • and 52.1% lower than the average price for London as a whole

View sold house prices in E14 3GU

Building approximate location

About Property

Type
Flat
Built
2007 onwards
Interior Size
700 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£418,894
Price Per sq ft (estimate)
£599
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 51, 1 Forge Square, London, Tower Hamlets, Greater London Authority, E14 3GU has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 8 Feb 2019.

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 16 Feb 2009, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 9.4%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from sap05:main-heating to community scheme, improving energy efficiency from n/a to good.
  • The hot water system was changed from sap05:hot-water to community scheme, with its energy efficiency improving from n/a to good.
  • The roof construction or insulation changed from average thermal transmittance 0.15 w/m²k to flat, insulated (assumed), with no change in energy efficiency (good).
  • The wall construction or insulation changed from average thermal transmittance 0.23 w/m²k to system built, as built, insulated (assumed), changing energy efficiency from very good to good.
  • The lighting was updated from low energy lighting in all fixed outlets to low energy lighting in 55% of fixed outlets, with efficiency changing from very good to good.
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Roof
Flat, insulated (assumed)
Good
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 55% of fixed outlets
Good

Compared to E14 3GU

26 th / 61
Price Rank
75% lower than average
17 th / 37
Size Rank
68% smaller than average
11 th / 37
Price Per Sq FT Rank
21% lower than average

Compared to other properties in E14 3GU , this flat's estimated value ranks 26th out of 61. Based on price per square foot, it ranks 11th out of 37 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 17th out of 37 properties in its postcode area.

Sale History

Today
£418,894
streetscan.co.uk estimate
-11 %
26 Oct 2022
£470,000
Leasehold
+26.1 %
12 Jun 2013
£372,600
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 614 sq ft
sale price: £460,000
sale date: 25 Oct 2019
rooms: 3
size: 689 sq ft
sale price: £487,000
sale date: 13 Sep 2019
rooms: 3
size: 786 sq ft
sale price: £530,000
sale date: 23 Oct 2015
rooms: 2
size: 710 sq ft
sale price: £435,000
sale date: 21 Nov 2014
rooms: 3
size: 753 sq ft
sale price: £445,000
sale date: 16 Oct 2014

Data Sources

The property at Flat 51, 1 Forge Square, London, E14 3GU appears two times in the Land Registry records, with the latest transaction recorded on 26 Oct 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 8 Feb 2019. 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.