Flat 8, Welstead House Cannon Street Road, London, E1 2LJ is a leasehold flat built between 1967-1975. The property offers approximately 764 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £366,949 , which equates to approximately £480 per square foot. It was last sold on 20 Oct 2011 for £238,000. Since then, the value has increased by £128,949, representing a 54.2% increase, or approximately 3.8% per year.

The current estimated value of £366,949 is:

  • 20.9% lower than the average property price on Cannon Street Road
  • 4.0% higher than the average in the E1 2LJ postcode area
  • and 58.1% 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 7 August 2023, the property was recorded as rented.

View sold house prices in E1 2LJ

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
764 sq ft
Tenure
Leasehold
Price (estimate)
£366,949
Price Per sq ft (estimate)
£480
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 8, Welstead House Cannon Street Road, London, Tower Hamlets, Greater London, E1 2LJ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 7 Aug 2023.

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 2 Nov 2013, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 12.3%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from system built, as built, no insulation (assumed) to cavity wall, as built, no insulation (assumed), improving energy efficiency from very poor to poor.
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E1 2LJ

7 th / 17
Price Rank
4% higher than average
7 th / 16
Size Rank
0% same size than average
7 th / 16
Price Per Sq FT Rank
4% higher than average

Compared to other properties in E1 2LJ , this flat's estimated value ranks 7th out of 17. Based on price per square foot, it ranks 7th out of 16 properties. In terms of size, this home ranks 7th out of 16 properties in its postcode area.

Sale History

Today
£366,949
streetscan.co.uk estimate
+54 %
20 Oct 2011
£238,000
Leasehold
+33.7 %
28 May 2004
£178,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 710 sq ft
sale price: £360,000
sale date: 9 Mar 2016
rooms: 4
size: 717 sq ft
sale price: £250,000
sale date: 14 Feb 2008
rooms: 4
size: 732 sq ft
sale price: £200,000
sale date: 2 Feb 2007
rooms: 3
size: 689 sq ft
sale price: £150,000
sale date: 20 Dec 2006
rooms: 4
size: 700 sq ft
sale price: £145,000
sale date: 19 Sep 2003

Data Sources

The property at Flat 8, Welstead House Cannon Street Road, London, E1 2LJ appears two times in the Land Registry records, with the latest transaction recorded on 20 Oct 2011. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 7 Aug 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.