Flat 53, 8 New Crane Place, London, E1W 3TX is a leasehold flat built before 1900. The property offers approximately 1,485 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have five bedrooms.

The estimated current market value of the property is £1,033,905 , which equates to approximately £696 per square foot. It was last sold on 30 May 2014 for £899,000. Since then, the value has increased by £134,905, representing a 15.0% increase, or approximately 1.3% per year.

The current estimated value of £1,033,905 is:

  • 45.0% higher than the average property price on New Crane Place
  • 25.4% higher than the average in the E1W 3TX postcode area
  • and 23.7% higher than the average price for London as a whole

View sold house prices in E1W 3TX

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
1485 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£1,033,905
Price Per sq ft (estimate)
£696
Bedroom Count (estimate)
5 bedrooms

EPC Summary

Flat 53, 8 New Crane Place, London, Tower Hamlets, Greater London Authority, E1W 3TX has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 31 Jan 2020.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows have some double glazing.

The previous EPC assessment was conducted on 22 Dec 2009, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 6.2%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from boiler and radiators, electric to boiler and radiators, mains gas, improving energy efficiency from very poor to good.
  • The hot water system was changed from electric immersion, off-peak to from main system, with its energy efficiency changing from very good to good.
  • The windows were upgraded from partial double glazing to some double glazing.
  • The lighting was updated from low energy lighting in 10% of fixed outlets to low energy lighting in 50% of fixed outlets, with efficiency improving from poor to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Some double glazing
Poor
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to E1W 3TX

9 th / 29
Price Rank
25% higher than average
6 th / 22
Size Rank
53% bigger than average
19 th / 22
Price Per Sq FT Rank
18% lower than average

Compared to other properties in E1W 3TX , this flat's estimated value ranks 9th out of 29. Based on price per square foot, it ranks 19th out of 22 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 22 properties in its postcode area.

Sale History

Today
£1,033,905
streetscan.co.uk estimate
+15 %
30 May 2014
£899,000
Leasehold
+373.2 %
10 Jul 1997
£190,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 1270 sq ft
sale price: £650,000
sale date: 1 Feb 2024
rooms: 3
size: 1270 sq ft
sale price: £780,000
sale date: 24 Jun 2022
rooms: 3
size: 1475 sq ft
sale price: £1,300,000
sale date: 8 Oct 2019
rooms: 3
size: 1464 sq ft
sale price: £720,000
sale date: 8 Mar 2013
rooms: 3
size: 1324 sq ft
sale price: £700,000
sale date: 30 Oct 2012

Data Sources

The property at Flat 53, 8 New Crane Place, London, E1W 3TX appears two times in the Land Registry records, with the latest transaction recorded on 30 May 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 31 Jan 2020. 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.