Flat 8, 224 Stepney Way, London, E1 3EZ is a leasehold flat built between 1983-1990. The property offers approximately 495 square feet of living space and is situated on the 5th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £288,753 , which equates to approximately £583 per square foot. It was last sold on 23 Nov 2006 for £166,206. Since then, the value has increased by £122,547, representing a 73.7% increase, or approximately 3.9% per year.

The current estimated value of £288,753 is:

  • 68.8% lower than the average property price on Stepney Way
  • 15.3% lower than the average in the E1 3EZ postcode area
  • and 67.0% lower than the average price for London as a whole

At the most recent EPC inspection on 4 September 2014, the property was recorded as owner-occupied.

View sold house prices in E1 3EZ

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
495 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£288,753
Price Per sq ft (estimate)
£583
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 8, 224 Stepney Way, London, Tower Hamlets, Greater London Authority, E1 3EZ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 4 Sep 2014.

This property uses electric storage 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 26 Jan 2009, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 12.1%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to electric storage heaters, improving energy efficiency from very poor to average.
  • The hot water energy efficiency improving from very poor to average, while the system remained as electric immersion, off-peak.
  • The lighting was updated from no low energy lighting to low energy lighting in 57% of fixed outlets, with efficiency improving from very poor to good.
Heating Type
Electric storage heaters
Average
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 57% of fixed outlets
Good

Compared to E1 3EZ

35 th / 44
Price Rank
15% lower than average
39 th / 44
Size Rank
16% smaller than average
27 th / 44
Price Per Sq FT Rank
0% same as average

Compared to other properties in E1 3EZ , this flat's estimated value ranks 35th out of 44. Based on price per square foot, it ranks 27th out of 44 properties. In terms of size, this home ranks 39th out of 44 properties in its postcode area.

Sale History

Today
£288,753
streetscan.co.uk estimate
+74 %
23 Nov 2006
£166,206
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 506 sq ft
sale price: £310,000
sale date: 30 Sep 2024
rooms: 2
size: 549 sq ft
sale price: £346,830
sale date: 15 Sep 2023
rooms: 2
size: 527 sq ft
sale price: £322,500
sale date: 8 Sep 2023
rooms: 2
size: 474 sq ft
sale price: £275,000
sale date: 26 Jun 2023
rooms: 2
size: 527 sq ft
sale price: £108,000
sale date: 19 Aug 2022

Data Sources

The property at Flat 8, 224 Stepney Way, London, Tower Hamlets, Greater London Authority, E1 3EZ appears once in the Land Registry records, with the transaction recorded on 23 Nov 2006. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 4 Sep 2014. 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.