Flat 8, Priestman Point, 2 Rainhill Way, London, E3 3EY is a leasehold flat built between 1976-1982. The property offers approximately 840 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £101,589 , which equates to approximately £121 per square foot. It was last sold on 14 Sep 2018 for £100,000. Since then, the value has increased by £1,589, representing a 1.6% increase, or approximately 0.2% per year.

The current estimated value of £101,589 is:

  • 69.5% lower than the average property price on Rainhill Way
  • 24.3% lower than the average in the E3 3EY postcode area
  • and 88.4% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 2 September 2022, the property was recorded as rented.

View sold house prices in E3 3EY

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
840 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£101,589
Price Per sq ft (estimate)
£121
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 8, Priestman Point, 2 Rainhill Way, London, Tower Hamlets, Greater London, E3 3EY has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 2 Sep 2022.

This property is heated by a shared community system (community scheme). Community heating means the heat is supplied from a central source serving multiple homes. A community heating scheme is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 11 Jun 2010, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 6%.

Since the previous assessment, several changes were observed:

  • The hot water system changed from from main system to community scheme, with no change in energy efficiency (good).
  • The wall construction or insulation changed from system built, with external insulation to system built, as built, partial insulation (assumed), changing energy efficiency from good to average.
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Walls
System built, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Sale History

Today
£101,589
streetscan.co.uk estimate
+2 %
14 Sep 2018
£100,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 790 sq ft
sale price: £25,000
sale date: 6 Aug 1998
rooms: 3
size: 753 sq ft
sale price: £440,000
sale date: 28 Mar 2025
rooms: 4
size: 926 sq ft
sale price: £435,000
sale date: 18 Oct 2024
rooms: 3
size: 743 sq ft
sale price: £385,000
sale date: 26 Apr 2024
rooms: 5
size: 775 sq ft
sale price: £450,000
sale date: 28 Feb 2024

Data Sources

The property at Flat 8, Priestman Point, 2 Rainhill Way, London, Tower Hamlets, Greater London, E3 3EY appears once in the Land Registry records, with the transaction recorded on 14 Sep 2018. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 2 Sep 2022. 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.