Flat 57, 1 Forge Square, London, E14 3GU is a leasehold flat built in 2007 onwards. The property offers approximately 581 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 £325,429 , which equates to approximately £560 per square foot. It was last sold on 17 May 2024 for £320,000. Since then, the value has increased by £5,429, representing a 1.7% increase, or approximately 1.1% per year.

The current estimated value of £325,429 is:

  • 24.9% lower than the average property price on Forge Square
  • 80.5% lower than the average in the E14 3GU postcode area
  • and 62.8% 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
581 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£325,429
Price Per sq ft (estimate)
£560
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 57, 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 18 Jun 2020.

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 12 Feb 2009, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 10.5%.

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 67% 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 67% of fixed outlets
Good

Compared to E14 3GU

48 th / 61
Price Rank
80% lower than average
24 th / 37
Size Rank
74% smaller than average
18 th / 37
Price Per Sq FT Rank
26% lower than average

Compared to other properties in E14 3GU , this flat's estimated value ranks 48th out of 61. Based on price per square foot, it ranks 18th out of 37 properties. In terms of size, this home ranks 24th out of 37 properties in its postcode area.

Sale History

Today
£325,429
streetscan.co.uk estimate
+2 %
17 May 2024
£320,000
Leasehold
+7.5 %
30 Sep 2013
£297,600
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 614 sq ft
sale price: £460,000
sale date: 25 Oct 2019
rooms: 2
size: 560 sq ft
sale price: £343,000
sale date: 30 Jun 2017
rooms: 2
size: 538 sq ft
sale price: £390,000
sale date: 23 Jun 2017
rooms: 1
size: 581 sq ft
sale price: £395,000
sale date: 23 Dec 2015
rooms: 2
size: 538 sq ft
sale price: £273,700
sale date: 16 Dec 2013

Data Sources

The property at Flat 57, 1 Forge Square, London, E14 3GU appears two times in the Land Registry records, with the latest transaction recorded on 17 May 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 18 Jun 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.