Flat 7, Ares Court Homer Drive, London, E14 3UL is a leasehold flat built between 1983-1990. The property offers approximately 624 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £378,896 , which equates to approximately £607 per square foot. It was last sold on 7 Dec 2001 for £145,000. Since then, the value has increased by £233,896, representing a 161.3% increase, or approximately 6.7% per year.

The current estimated value of £378,896 is:

  • 30.3% lower than the average property price on Homer Drive
  • 8.5% lower than the average in the E14 3UL postcode area
  • and 56.7% lower than the average price for London as a whole

At the most recent EPC inspection on 21 May 2021, the property was recorded as rented.

View sold house prices in E14 3UL

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
624 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£378,896
Price Per sq ft (estimate)
£607
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 7, Ares Court Homer Drive, London, Tower Hamlets, Greater London, E14 3UL has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 21 May 2021.

Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 2 Jan 2010. The rating of C remains the same, but the energy efficiency score improved by 1.4%.

Since the previous assessment, several changes were observed:

  • The heating system changed from electric underfloor heating to electric underfloor heating, electric ceiling heating, with no change in energy efficiency (poor).
  • The hot water energy efficiency improving from poor to average, while the system remained as electric immersion, off-peak.
  • The lighting was updated from low energy lighting in 66% of fixed outlets to low energy lighting in 73% of fixed outlets, with efficiency improving from good to very good.
Heating Type
Electric underfloor heating, Electric ceiling heating
Poor
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 73% of fixed outlets
Very Good

Compared to E14 3UL

12 th / 16
Price Rank
9% lower than average
3 rd / 16
Size Rank
2% smaller than average
14 th / 16
Price Per Sq FT Rank
7% lower than average

Compared to other properties in E14 3UL , this flat's estimated value ranks 12th out of 16. Based on price per square foot, it ranks 14th out of 16 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 3rd out of 16 properties in its postcode area.

Sale History

Today
£378,896
streetscan.co.uk estimate
+161 %
7 Dec 2001
£145,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 14, Ares Court Homer Drive, London, E14 3UL
rooms: 2
size: 538 sq ft
sale price: £367,000
sale date: 24 Jan 2019
Flat 15, Ares Court Homer Drive, London, E14 3UL
rooms: 2
size: 578 sq ft
sale price: £355,000
sale date: 13 Sep 2017
Flat 3, Ares Court Homer Drive, London, E14 3UL
rooms: 2
size: 570 sq ft
sale price: £340,000
sale date: 18 Jul 2017
Flat 12, Ares Court Homer Drive, London, E14 3UL
rooms: 3
size: 710 sq ft
sale price: £365,000
sale date: 1 Apr 2016
Flat 2, Ares Court Homer Drive, London, E14 3UL
rooms: 2
size: 614 sq ft
sale price: £315,000
sale date: 23 Mar 2015

Data Sources

The property at Flat 7, Ares Court Homer Drive, London, Tower Hamlets, Greater London, E14 3UL appears once in the Land Registry records, with the transaction recorded on 7 Dec 2001. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 21 May 2021. 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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