Flat 57, Priestman Point, 2 Rainhill Way, London, E3 3EZ is a leasehold flat built between 1967-1975. The property offers approximately 678 square feet of living space and is situated on the 15th floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £214,655 , which equates to approximately £317 per square foot. It was last sold on 22 Dec 2011 for £139,000. Since then, the value has increased by £75,655, representing a 54.4% increase, or approximately 3.9% per year.

The current estimated value of £214,655 is:

  • 35.5% lower than the average property price on Rainhill Way
  • 9.8% lower than the average in the E3 3EZ postcode area
  • and 75.5% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 30 November 2020, the property was recorded as rented.

View sold house prices in E3 3EZ

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
678 sq ft
Tenure
Leasehold
Floor level
15th floor
Price (estimate)
£214,655
Price Per sq ft (estimate)
£317
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 57, Priestman Point, 2 Rainhill Way, London, Tower Hamlets, Greater London, E3 3EZ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 30 Nov 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 8 Apr 2010, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 5.9%.

Since the previous assessment, several changes were observed:

  • The heating system changed from community scheme, mains gas to community scheme, with no change in energy efficiency (good).
  • The hot water system changed from from main system to community scheme, with no change in energy efficiency (good).
  • The lighting was changed from low energy lighting in all fixed outlets to low energy lighting in 88% of fixed outlets, with no change in efficiency (very good).
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Walls
System built, with external insulation
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 88% of fixed outlets
Very Good

Sale History

Today
£214,655
streetscan.co.uk estimate
+54 %
22 Dec 2011
£139,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 753 sq ft
sale price: £440,000
sale date: 28 Mar 2025
rooms: 2
size: 753 sq ft
sale price: £390,000
sale date: 25 Sep 2024
rooms: 3
size: 743 sq ft
sale price: £385,000
sale date: 26 Apr 2024
rooms: 3
size: 678 sq ft
sale price: £415,000
sale date: 23 May 2023
rooms: 4
size: 603 sq ft
sale price: £260,000
sale date: 18 Nov 2022

Data Sources

The property at Flat 57, Priestman Point, 2 Rainhill Way, London, Tower Hamlets, Greater London, E3 3EZ appears once in the Land Registry records, with the transaction recorded on 22 Dec 2011. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 30 Nov 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.