Flat 705, Michigan Building, 2 Biscayne Avenue, London, E14 9QT is a leasehold flat built between 2003-2006. The property offers approximately 818 square feet of living space and is situated on the 7th floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £513,118 , which equates to approximately £627 per square foot. It was last sold on 8 Jul 2014 for £435,000. Since then, the value has increased by £78,118, representing a 18.0% increase, or approximately 1.6% per year.

The current estimated value of £513,118 is:

  • 0.3% higher than the average property price on Biscayne Avenue
  • 17.7% higher than the average in the E14 9QT postcode area
  • and 41.4% lower than the average price for London as a whole

At the most recent EPC inspection on 27 November 2023, the property was recorded as owner-occupied.

View sold house prices in E14 9QT

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
818 sq ft
Tenure
Leasehold
Floor level
7th floor
Price (estimate)
£513,118
Price Per sq ft (estimate)
£627
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 705, Michigan Building, 2 Biscayne Avenue, London, Tower Hamlets, Greater London, E14 9QT has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 27 Nov 2023.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 2 Dec 2013. The rating of C is unchanged, though the energy efficiency score decreased by 1.4%.

Since the previous assessment, several changes were observed:

  • The hot water system changed from electric instantaneous at point of use to electric immersion, standard tariff, with no change in energy efficiency (very poor).
  • 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).
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very 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 E14 9QT

7 th / 76
Price Rank
18% higher than average
16 th / 72
Size Rank
51% bigger than average
48 th / 72
Price Per Sq FT Rank
22% lower than average

Compared to other properties in E14 9QT , this flat's estimated value ranks 7th out of 76. Based on price per square foot, it ranks 48th out of 72 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 16th out of 72 properties in its postcode area.

Sale History

Today
£513,118
streetscan.co.uk estimate
+18 %
8 Jul 2014
£435,000
Leasehold
+47.5 %
28 Jul 2004
£295,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 764 sq ft
sale price: £465,000
sale date: 30 Oct 2020
rooms: 3
size: 893 sq ft
sale price: £405,000
sale date: 19 Dec 2018
rooms: 2
size: 695 sq ft
sale price: £405,000
sale date: 16 Aug 2018
rooms: 3
size: 904 sq ft
sale price: £490,000
sale date: 10 Apr 2017
rooms: 3
size: 775 sq ft
sale price: £475,000
sale date: 29 Mar 2016

Data Sources

The property at Flat 705, Michigan Building, 2 Biscayne Avenue, London, E14 9QT appears two times in the Land Registry records, with the latest transaction recorded on 8 Jul 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 27 Nov 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.