Flat 7, 224 Stepney Way, London, E1 3EZ is a leasehold flat built between 1996-2002. The property offers approximately 506 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 £298,484 , which equates to approximately £590 per square foot. It was last sold on 30 Sep 2024 for £310,000. Since then, the value has decreased by £11,516, representing a 3.7% decrease, or approximately 3.1% per year.

The current estimated value of £298,484 is:

  • 67.8% lower than the average property price on Stepney Way
  • 12.4% lower than the average in the E1 3EZ postcode area
  • and 65.9% lower than the average price for London as a whole

At the most recent EPC inspection on 9 January 2023, the property was recorded as rented.

View sold house prices in E1 3EZ

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
506 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£298,484
Price Per sq ft (estimate)
£590
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 7, 224 Stepney Way, London, Tower Hamlets, Greater London, E1 3EZ has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 9 Jan 2023.

This property uses electric room 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 22 Feb 2013. The rating of B is unchanged, though the energy efficiency score decreased by 3.6%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from poor to very poor, while the heating system type remained the same (room heaters, electric).
  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from system built, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was changed from low energy lighting in 80% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
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 E1 3EZ

27 th / 44
Price Rank
12% lower than average
33 rd / 44
Size Rank
14% smaller than average
12 th / 44
Price Per Sq FT Rank
1% higher than average

Compared to other properties in E1 3EZ , this flat's estimated value ranks 27th out of 44. Based on price per square foot, it ranks 12th out of 44 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 33th out of 44 properties in its postcode area.

Sale History

Today
£298,484
streetscan.co.uk estimate
-4 %
30 Sep 2024
£310,000
Leasehold
+24 %
14 Oct 2013
£250,000
Leasehold
+56.6 %
10 Nov 2006
£159,644
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 27, 224 Stepney Way, London, E1 3EZ
rooms: 2
size: 549 sq ft
sale price: £346,830
sale date: 15 Sep 2023
Flat 10, 222 Stepney Way, London, E1 3EZ
rooms: 2
size: 527 sq ft
sale price: £322,500
sale date: 8 Sep 2023
Flat 16, 224 Stepney Way, London, E1 3EZ
rooms: 2
size: 474 sq ft
sale price: £275,000
sale date: 26 Jun 2023
Flat 16, 222 Stepney Way, London, E1 3EZ
rooms: 2
size: 527 sq ft
sale price: £108,000
sale date: 19 Aug 2022
Flat 11, 222 Stepney Way, London, E1 3EZ
rooms: 2
size: 495 sq ft
sale price: £108,000
sale date: 31 May 2022

Data Sources

The property at Flat 7, 224 Stepney Way, London, E1 3EZ appears three times in the Land Registry records, with the latest transaction recorded on 30 Sep 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 9 Jan 2023. 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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