Flat 62, 1 Forge Square, London, E14 3GU is a leasehold flat built between 2003-2006. The property offers approximately 581 square feet of living space and is situated on the 6th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £399,162 , which equates to approximately £687 per square foot. It was last sold on 23 Dec 2015 for £395,000. Since then, the value has increased by £4,162, representing a 1.1% increase, or approximately 0.1% per year.

The current estimated value of £399,162 is:

  • 7.9% lower than the average property price on Forge Square
  • 76.1% lower than the average in the E14 3GU postcode area
  • and 54.4% lower than the average price for London as a whole

At the most recent EPC inspection on 1 December 2020, the property was recorded as owner-occupied.

View sold house prices in E14 3GU

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
581 sq ft
Tenure
Leasehold
Floor level
6th floor
Price (estimate)
£399,162
Price Per sq ft (estimate)
£687
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 62, 1 Forge Square, London, Tower Hamlets, Greater London, E14 3GU has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 1 Dec 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. Hot water is provided by a community heating scheme, but the cylinder is not fitted with a thermostat. The windows are fully double glazed.

The previous EPC assessment was conducted on 20 Feb 2009, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 8.2%.

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, no cylinder thermostat, 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 pitched, insulated (assumed), with no change in energy efficiency (good).
  • The wall construction or insulation changed from average thermal transmittance 0.23 w/m²k to cavity wall, as built, insulated (assumed), changing energy efficiency from very good to good.
Heating Type
Community scheme
Good
Hot Water
Community scheme, no cylinder thermostat
Good
Roof
Pitched, insulated (assumed)
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E14 3GU

46 th / 61
Price Rank
76% lower than average
25 th / 37
Size Rank
74% smaller than average
14 th / 37
Price Per Sq FT Rank
9% lower than average

Compared to other properties in E14 3GU , this flat's estimated value ranks 46th out of 61. Based on price per square foot, it ranks 14th out of 37 properties. In terms of size, this home ranks 25th out of 37 properties in its postcode area.

Sale History

Today
£399,162
streetscan.co.uk estimate
+1 %
23 Dec 2015
£395,000
Leasehold
+36.2 %
23 Jan 2013
£290,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 581 sq ft
sale price: £320,000
sale date: 17 May 2024
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: 2
size: 538 sq ft
sale price: £273,700
sale date: 16 Dec 2013

Data Sources

The property at Flat 62, 1 Forge Square, London, E14 3GU appears two times in the Land Registry records, with the latest transaction recorded on 23 Dec 2015. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 1 Dec 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.