Flat 205, Stratosphere Tower 55
Flat 205, Stratosphere Tower 55
Description & Estimates
Public records show Flat 205, Stratosphere Tower 55 to be a modern leasehold apartment with 592 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 205, Stratosphere Tower 55 has an estimated sale value of £458,097 and an estimated rental value of £2,347 per month, assuming reasonable condition and based on the information available.
The apartment sits within Stratosphere Tower, Great Eastern Road, London, E15.
Great Eastern Road, London, E15 lies in the borough of Newham, within the E15 postal district.
Our Data Sources
Flat 205, Stratosphere Tower 55 has a single entry in the Land Registry from February 2018 and a single entry in the EPC database dated October 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate Flat 205, Stratosphere Tower 55 would be worth £481,002, with a potential rental value of £2,464 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £426,030, with a rental value of £2,182 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 205, Stratosphere Tower 55 has fallen by £5,677 (1.2%) over the last year. During the same period, its estimated monthly rental value has moved up by £93 (4.0%). The property's estimated gross yield is currently 6.1%.
Energy Efficiency
Flat 205, Stratosphere Tower 55 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Oct 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Sold Prices
Flat 205, Stratosphere Tower 55 last changed hands on 28th February 2018, selling for £381,950. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 26.8% since February 2018.
- Sold Feb 2018£381,950
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 340 metres of Flat 205, Stratosphere Tower 55 across the last 2 years.
Most recently, Flat 153, Stratosphere Tower 55, Great Eastern Road, London, E15 1DS, a leasehold flat, sold at £470,000 on the 20th January 2025.
Read more about house prices in E15.
- Sold Jan 2025£470,000 | 2 Bed FlatStratosphere Tower 55, Great Eastern RoadFlat 153, Stratosphere Tower 55, Great Eastern Road, London, E15 1DS
- Sold Nov 2023£460,000 | 2 Bed FlatStratosphere Tower 55, Great Eastern RoadFlat 213, Stratosphere Tower 55, Great Eastern Road, London, E15 1DU
- Sold Oct 2023£470,000 | 2 Bed FlatStratosphere Tower 55, Great Eastern RoadFlat 217, Stratosphere Tower 55, Great Eastern Road, London, E15 1DU
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 205, Stratosphere Tower 55 as the 377th largest and the 320th most expensive of the 564 addresses on Great Eastern Road, London, E15.
Against the E15 postcode district average, it is £19k more expensive than the typical property.
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Schools Nearby
- 500mCarpenters Primary School
- 900mWest Ham Church Primary School
- 900mColegrave Primary School
- 700mSarah Bonnell School
- 1.5kmHarris Science Academy East London
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Public Transport Nearby
Stratford High Street station is the nearest stop to Flat 205, Stratosphere Tower 55 at 300 metres away.
- 300mStratford
- 300mStratford (London)
- 300mStratford High Street
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
