Flat 74, Free Trade Wharf, 340 The Highway, London, E1W 3ET is a leasehold flat built between 1983-1990. The property offers approximately 807 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £502,739 , which equates to approximately £623 per square foot. It was last sold on 7 Oct 2016 for £535,000. Since then, the value has decreased by £32,261, representing a 6.0% decrease, or approximately 0.7% per year.

The current estimated value of £502,739 is:

  • 24.2% lower than the average property price on The Highway
  • 24.5% lower than the average in the E1W 3ET postcode area
  • and 39.8% lower than the average price for London as a whole

View sold house prices in E1W 3ET

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
807 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£502,739
Price Per sq ft (estimate)
£623
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 74, Free Trade Wharf, 340 The Highway, London, Tower Hamlets, Greater London Authority, E1W 3ET has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 8 Jul 2020.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 18 Nov 2009, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 5.1%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from average to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water energy efficiency improving from average to good, while the system remained as from main system.
  • The wall construction or insulation changed from timber frame, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
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 E1W 3ET

42 nd / 47
Price Rank
25% lower than average
30 th / 44
Size Rank
6% smaller than average
40 th / 44
Price Per Sq FT Rank
19% lower than average

Compared to other properties in E1W 3ET , this flat's estimated value ranks 42th out of 47. Based on price per square foot, it ranks 40th out of 44 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 30th out of 44 properties in its postcode area.

Sale History

Today
£502,739
streetscan.co.uk estimate
-6 %
7 Oct 2016
£535,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 926 sq ft
sale price: £700,000
sale date: 22 Feb 2024
rooms: 3
size: 786 sq ft
sale price: £544,000
sale date: 8 Dec 2023
rooms: 3
size: 904 sq ft
sale price: £492,000
sale date: 9 Oct 2020
rooms: 3
size: 926 sq ft
sale price: £560,000
sale date: 4 Sep 2020
rooms: 2
size: 710 sq ft
sale price: £450,000
sale date: 31 Jan 2020

Data Sources

The property at Flat 74, Free Trade Wharf, 340 The Highway, London, Tower Hamlets, Greater London Authority, E1W 3ET appears once in the Land Registry records, with the transaction recorded on 7 Oct 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 8 Jul 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.