Flat 57, 8 New Crane Place, London, E1W 3TX is a leasehold flat built before 1900. The property offers approximately 420 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £279,940 , which equates to approximately £667 per square foot. It was last sold on 7 Feb 2023 for £300,000. Since then, the value has decreased by £20,060, representing a 6.7% decrease, or approximately 2.3% per year.

The current estimated value of £279,940 is:

  • 60.7% lower than the average property price on New Crane Place
  • 66.0% lower than the average in the E1W 3TX postcode area
  • and 66.5% lower 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
420 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£279,940
Price Per sq ft (estimate)
£667
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 57, 8 New Crane Place, London, Tower Hamlets, Greater London Authority, E1W 3TX has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 13 Nov 2019.

This property uses electric storage 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 7 Apr 2009, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 22.5%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The hot water energy efficiency improving from poor to average, while the system remained as electric immersion, off-peak.
  • The lighting was updated from no low energy lighting to low energy lighting in 20% of fixed outlets, with efficiency improving from very poor to poor.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 20% of fixed outlets
Poor

Compared to E1W 3TX

29 th / 29
Price Rank
66% lower than average
20 th / 22
Size Rank
57% smaller than average
13 th / 22
Price Per Sq FT Rank
21% lower than average

Compared to other properties in E1W 3TX , this flat's estimated value ranks 29th out of 29. Based on price per square foot, it ranks 13th out of 22 properties. In terms of size, this home ranks 20th out of 22 properties in its postcode area.

Sale History

Today
£279,940
streetscan.co.uk estimate
-7 %
7 Feb 2023
£300,000
Leasehold
+80.7 %
23 Apr 2004
£166,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 1
size: 388 sq ft
sale price: £280,000
sale date: 25 Jun 2024
rooms: 1
size: 398 sq ft
sale price: £165,000
sale date: 30 Nov 2004
rooms: 1
size: 441 sq ft
sale price: £72,500
sale date: 15 Mar 1996
rooms: 1
size: 474 sq ft
sale price: £351,000
sale date: 1 Oct 2018
rooms: 1
size: 460 sq ft
sale price: £380,000
sale date: 28 Feb 2017

Data Sources

The property at Flat 57, 8 New Crane Place, London, E1W 3TX appears two times in the Land Registry records, with the latest transaction recorded on 7 Feb 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 13 Nov 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.