Flat 98, Naxos Building, 4 Hutchings Street, London, E14 8LE is a leasehold flat built between 2003-2006. The property offers approximately 786 square feet of living space and is situated on the 8th floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £511,194 , which equates to approximately £651 per square foot. It was last sold on 5 Nov 2018 for £500,000. Since then, the value has increased by £11,194, representing a 2.2% increase, or approximately 0.3% per year.

The current estimated value of £511,194 is:

  • 21.2% lower than the average property price on Hutchings Street
  • 18.5% lower than the average in the E14 8LE postcode area
  • and 41.6% 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 15 June 2023, the property was recorded as rented.

View sold house prices in E14 8LE

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
786 sq ft
Tenure
Leasehold
Floor level
8th floor
Price (estimate)
£511,194
Price Per sq ft (estimate)
£651
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 98, Naxos Building, 4 Hutchings Street, London, Tower Hamlets, Greater London, E14 8LE has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 15 Jun 2023.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 22 Jul 2013, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 9.8%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from average to very poor.
  • The hot water system was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from average to very poor.
  • The lighting was changed from low energy lighting in all fixed outlets to low energy lighting in 88% of fixed outlets, with no change in efficiency (very good).
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 88% of fixed outlets
Very Good

Compared to E14 8LE

9 th / 28
Price Rank
18% lower than average
8 th / 27
Size Rank
16% bigger than average
20 th / 27
Price Per Sq FT Rank
30% lower than average

Compared to other properties in E14 8LE , this flat's estimated value ranks 9th out of 28. Based on price per square foot, it ranks 20th out of 27 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 8th out of 27 properties in its postcode area.

Sale History

Today
£511,194
streetscan.co.uk estimate
+2 %
5 Nov 2018
£500,000
Leasehold
+20.5 %
10 Dec 2003
£415,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 786 sq ft
sale price: £595,000
sale date: 31 Oct 2017
rooms: 3
size: 721 sq ft
sale price: £430,000
sale date: 18 Jun 2013
rooms: 3
size: 797 sq ft
sale price: £440,000
sale date: 10 Jul 2012
rooms: 3
size: 753 sq ft
sale price: £440,000
sale date: 7 Feb 2012
rooms: 3
size: 872 sq ft
sale price: £410,000
sale date: 30 Jun 2010

Data Sources

The property at Flat 98, Naxos Building, 4 Hutchings Street, London, E14 8LE appears two times in the Land Registry records, with the latest transaction recorded on 5 Nov 2018. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 15 Jun 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.