Flat 9, 224 Stepney Way, London, E1 3EZ is a leasehold flat built between 2003-2006. The property offers approximately 710 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 £383,437 , which equates to approximately £540 per square foot. It was last sold on 10 Nov 2006 for £220,706. Since then, the value has increased by £162,731, representing a 73.7% increase, or approximately 3.9% per year.

The current estimated value of £383,437 is:

  • 58.6% lower than the average property price on Stepney Way
  • 12.5% higher than the average in the E1 3EZ postcode area
  • and 56.2% lower than the average price for London as a whole

At the most recent EPC inspection on 10 February 2023, the property was recorded as rented.

View sold house prices in E1 3EZ

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
710 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£383,437
Price Per sq ft (estimate)
£540
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 9, 224 Stepney Way, London, Tower Hamlets, Greater London, E1 3EZ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 10 Feb 2023.

This property uses electric room 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 22 Dec 2012. The rating of C is unchanged, though the energy efficiency score decreased by 1.3%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from poor to very poor, while the heating system type remained the same (room heaters, electric).
  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The lighting was updated from low energy lighting in 56% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
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 E1 3EZ

19 th / 44
Price Rank
12% higher than average
6 th / 44
Size Rank
21% bigger than average
32 nd / 44
Price Per Sq FT Rank
7% lower than average

Compared to other properties in E1 3EZ , this flat's estimated value ranks 19th out of 44. Based on price per square foot, it ranks 32th 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 6th out of 44 properties in its postcode area.

Sale History

Today
£383,437
streetscan.co.uk estimate
+74 %
10 Nov 2006
£220,706
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 678 sq ft
sale price: £120,000
sale date: 18 Mar 2024
rooms: 3
size: 700 sq ft
sale price: £385,000
sale date: 26 Jan 2024
rooms: 3
size: 646 sq ft
sale price: £370,000
sale date: 19 Oct 2023
rooms: 3
size: 689 sq ft
sale price: £105,000
sale date: 21 Aug 2023
rooms: 3
size: 646 sq ft
sale price: £213,750
sale date: 10 Mar 2023

Data Sources

The property at Flat 9, 224 Stepney Way, London, Tower Hamlets, Greater London, E1 3EZ appears once in the Land Registry records, with the transaction recorded on 10 Nov 2006. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 10 Feb 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.