Flat 6, Cyan Apartments, 2 Gunmakers Lane, London, E3 5GU is a leasehold flat built in 2012 onwards. The property offers approximately 377 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 £257,880 , which equates to approximately £685 per square foot. It was last sold on 9 Apr 2014 for £216,200. Since then, the value has increased by £41,680, representing a 19.3% increase, or approximately 1.7% per year.

The current estimated value of £257,880 is:

  • 48.8% lower than the average property price on Gunmakers Lane
  • 36.0% lower than the average in the E3 5GU postcode area
  • and 70.5% lower than the average price for London as a whole

At the most recent EPC inspection on 29 February 2024, the property was recorded as rented.

View sold house prices in E3 5GU

Building approximate location

About Property

Type
Flat
Built
2012 onwards
Interior Size
377 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£257,880
Price Per sq ft (estimate)
£685
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 6, Cyan Apartments, 2 Gunmakers Lane, London, Tower Hamlets, Greater London, E3 5GU has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 29 Feb 2024.

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 triple glazed.

The previous EPC assessment was conducted on 1 Nov 2013, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 7%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from very good to good, while the heating system type remained the same (community scheme).
  • The hot water energy efficiency changing from very good to good, while the system remained as community scheme.
  • The roof construction or insulation changed from average thermal transmittance 0 w/m?k to (another dwelling above), changing energy efficiency from good to n/a.
  • The wall construction or insulation changed from average thermal transmittance 0.21 w/m?k to system built, as built, insulated (assumed), with no change in energy efficiency (very good).
  • The windows were upgraded from high performance glazing to fully triple glazed.
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Walls
System built, as built, insulated (assumed)
Very Good
Windows
Fully triple glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E3 5GU

14 th / 15
Price Rank
36% lower than average
15 th / 15
Size Rank
38% smaller than average
4 th / 15
Price Per Sq FT Rank
3% higher than average

Compared to other properties in E3 5GU , this flat's estimated value ranks 14th out of 15. Based on price per square foot, it ranks 4th out of 15 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 15th out of 15 properties in its postcode area.

Sale History

Today
£257,880
streetscan.co.uk estimate
+19 %
9 Apr 2014
£216,200
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 18, Vermilion Apartments, 16 Gunmakers Lane, London, E3 5GG
rooms: 1
size: 355 sq ft
sale price: £240,000
sale date: 25 Apr 2014
Flat 32, Vermilion Apartments, 16 Gunmakers Lane, London, E3 5GG
rooms: 1
size: 344 sq ft
sale price: £250,000
sale date: 23 Apr 2014
Flat 20, Vermilion Apartments, 16 Gunmakers Lane, London, E3 5GG
rooms: 1
size: 355 sq ft
sale price: £245,000
sale date: 10 Mar 2014

Data Sources

The property at Flat 6, Cyan Apartments, 2 Gunmakers Lane, London, Tower Hamlets, Greater London, E3 5GU appears once in the Land Registry records, with the transaction recorded on 9 Apr 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 29 Feb 2024. 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.
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