Model valuation£417,0008 Busby Close
Local market context
2 Foundry Place, Tower Hamlets, London, E1 3BY
1 planning record
Estimated value
£529,000
- Since the 2013 sale (£337,000)+57%
- Against E1 3BY's recent median (£485,000)+9%
Newest record on this page: September 2025. Land Registry and EPC registers update monthly, so this page can trail them by 2–3 months.
Property type
Mid terrace
Floor 1st
Bedrooms
2
Bathrooms
2
Floor area
86 m²
926 sq ft
Energy rating
C
Score 69
Council tax
Band E
Tenure
Private Rental
About this valuation
How the figure is worked out and what it's based on. If you know this home, you can tell other visitors what you think it's worth.
Our estimate
£529,000
- Against its 2013 sale (£337,000)+57%
- Against E1 3BY's recent median (£485,000)+9%
Your note and figure are shown publicly on this page.
How the estimate is made
The estimate for 2 Foundry Place is modelled from its 86 m² EPC floor area, its 2 recorded sales and recent sales of comparable homes in E1 3BY. It is an automated estimate, not a survey or mortgage valuation: condition, layout and improvements that aren't on record can move the real figure either way.
What it's based on
Floor area
86 m² from the EPC lodged in January 2020
Sales of this home
2 sales recorded, the latest in 2013
Recent sales in E1 3BY
5 sales, median £485,000 (2019–2014)
This page or the full report?
| Data | This page | Full report |
|---|---|---|
| Sales | Latest sale shown: December 2019 | Latest available records, read when you order |
| Valuation | Estimate from the last refresh | Analysed against comparable sales |
| Planning | 1 application | Full history, plus nearby schemes |
| Flood risk | Not shown | Included |
Sales history & valuation
Every recorded sale of this home, how its price has moved, and what neighbouring properties have sold for.
2 Foundry Place valuation sits well clear of the typical sold price in this postcode.
Sales timeline
31 July 2013Most recent
£337,000
+56.8%over 11 years5 December 2001
£214,950
Median price across the last 5 sales in E1 3BY: £485,000 (2019–2014).
Nearby sales in E1 3BY
6 Foundry Place, Tower Hamlets, London, E1 3BY
Sold Dec 2019
£500,00010 Foundry Place, Tower Hamlets, London, E1 3BY
Sold Nov 2019
£485,00013 Foundry Place, Tower Hamlets, London, E1 3BY
Sold Nov 2018
£15,0609 Foundry Place, Tower Hamlets, London, E1 3BY
Sold Aug 2014
£506,2005 Foundry Place, Tower Hamlets, London, E1 3BY
Sold Jan 2008
£350,000
What this page doesn't show
1 potential issue has already been flagged for 2 Foundry Place, Tower Hamlets, London, E1 3BY. The detail, evidence and what to ask about it are in the Risks Report.
- Larger development activity nearbyIn report
- Flood risk from rivers, sea and surface waterIn report
- Subsidence and ground-stability signalsIn report
- Refusals, enforcement and big schemes nearbyIn report
One time fee only - money back guarantee
About 2 Foundry Place
A plain-English summary derived from public records, EPC certificates, sold prices and local data.
2 Foundry Place is a two-bedroom mid-terrace house in Tower Hamlets, London, London (E1 3BY). It has a recorded floor area of 86 m² (around 926 sq ft), construction records dating it to 1996-2002 and council tax band E. At 86 m² this is the 10th smallest of 12 units on EPC record in the building, where floor areas span 43–134 m². The building's EPC ratings span C to B, with this unit at the bottom. On EPC score it ranks last in the building (69 versus a best of 84). Other recorded features include a balcony. The latest certificate (January 2020) shows a C (score 69), just inside the C band. The rating has held steady at C across 2 certificates since November 2009. Between certificates, hot-water efficiency dropped from Good to Poor and main heating dropped from Good to Poor. Main heating runs on electricity.
Across 2001–2013, sale prices on this property compounded at 3.9% per year. Today's modelled estimate of £529,000 sits 57% above the 2013 sale of £337,000. On a £-per-square-foot basis, the last sale (£364/sq ft) was about 15.8% above the typical sold price in the postcode. One planning record on file: tree works approved in 2025. Past consents include tree works, meaningful when judging how the property has evolved. At 86 m² it's 28.4% larger than the typical home in the postcode (67 m² median across 11 EPCs). On the market in July 2013 and unlisted since — roughly 13 years.
What this property has
Pulled from EPC certificates, claim submissions and our property model. Empty categories are hidden — we only show what's known.
Inside
- Bedrooms2
- Bathrooms2
- Dining roomYes
Outside
- ParkingUnderground
- BalconyYes
Before you decide
Everything you need to know about 2 Foundry Place
The true value, the hidden risks and the full sale history, in one report.
Larger development activity nearby
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The data behind every report
Energy performance
Every EPC certificate filed against this property — current rating, recorded improvements, and where there's headroom to reach a higher band.
Current Certificate(1 of 2)
Jan 2020
EPC Rating
A
B
C
C69
D
E
F
G
Main Heating
Electric & Gas
Main Fuel
Electric
Hot Water
Poor
Windows
Average
CO2 Emissions
3.8 t/year
Occupancy
Rented
Certificate validity
Valid until 24 January 2030
Property Improvements
Changes detected from historical EPC data
Jan 2020from Nov 2009
Main Fuel
GasElectric
Changed to a more efficient fuel source
Hot Water
GoodPoor
Hot water efficiency decreased
Planning history
Applications and permits filed against 2 Foundry Place, Tower Hamlets, London, E1 3BY, sourced from the PlanIt planning register.
1 application on record at 2 Foundry Place, Tower Hamlets, London, E1 3BY
1decisions6documents2nearby
- Sept 2025Tree WorksTreesOutcome in report
Cherry (T1) - Reduce crown down to 1m below previous most recent cuts. To restrict the root growth and let more light into the property.
- Documents
- 6 docs on file
- Reference
- PA/25/01197/NC
Unlock 2 Foundry Place, Tower Hamlets, London, E1 3BY's full planning history
You're seeing the shape of it. The report has the substance.
- Every decision — granted, refused or withdrawn (1 on record)
- All 1 application on this property in full, plus 2 notable nearby
- The 6 documents, officer reports & conditions
- What the pattern means for extending or converting here
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Versus other Foundry Place homes
Four headline reads against 10 similar flats on this street, drawn from the latest EPC and Land Registry data.
On epc rating, 2 Foundry Place runs well behind the street norm.
Price per m²
£3,919
Street avg £5,082
Floor Area
86 m²
Street avg 74 m²
Habitable Rooms
3 rooms
Street avg 4 rooms
CO₂ Emissions
3.8 t/year
Street avg 1.6 t/year
The neighbourhood at a glance
A condensed read of the local area. Each tile links through to the full breakdown on the London district page.
Rail-style transport is unusually close for this postcode.
Crime
949/mo
Falling year-on-year across the wider district.
Nearest stop
0.1 km
Booth Memorial — bus stop.
Closest school
0.1 km
Stepney Park Primary School. 111 schools nearby.
Nearest schools
- Stepney Park Primary SchoolPrimary125m
- John Scurr Primary SchoolPrimary290m
- Swanlea SchoolSecondary532m
- Stewart Headlam Primary SchoolPrimary618m
Nearest stops
- Booth MemorialBus stop99m
- Booth MemorialBus stop138m
- Stepney GreenBus stop184m
- Sidney StreetBus stop195m
Most reported crime locally
- Violence & Sexual Offences4,314 reports24%
- Anti-social Behaviour3,926 reports22%
- Other Theft1,664 reports9%
- Theft from Person1,458 reports8%
Go deeper on the local area
A Local Area report breaks down crime, transport links, schools and air quality in depth.
Road noise across the postcode
Modelled day and night-time noise levels around E1 3BY from Defra's strategic mapping. The pin marks this postcode's centroid.
Daytime· 07:00 – 23:00
56.3dB
Night-time· 23:00 – 07:00
45.0dB
55 dB
60 dB
65 dB
70 dB
75 dB
80 dB
Defra Road Noise Strategic Mapping, Round 4
Get a survey for this property
Level 2 HomeBuyer Report
Late 20th century1st Floor FlatEPC C
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Similar properties nearby
A handful of close matches in the same postcode area, ranked by likeness on bedrooms, type and floor area.
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10 Foundry Place, Tower Hamlets
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1 Newbold Cottages, Sidney Street, Tower Hamlets
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1 Dunstan Houses, Stepney Green, Tower Hamlets
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Start your researchHow to read this page
Where every figure above comes from, how current it is and what it can't tell you.
- How the estimate is made
- The estimate for 2 Foundry Place is modelled from its 86 m² EPC floor area, its 2 recorded sales and recent sales of comparable homes in E1 3BY. It is an automated estimate, not a survey or mortgage valuation: condition, layout and improvements that aren't on record can move the real figure either way.
- Where sold prices come from
- Sold prices are HM Land Registry Price Paid Data, which covers residential sales in England and Wales since 1995. 2 sales are recorded for 2 Foundry Place. Sales normally appear two to three months after completion, so the most recent ones take time to show up anywhere.
- Reading the EPC
- Energy Performance Certificates rate homes from A (most efficient) to G and last 10 years. The latest one for 2 Foundry Place was lodged in January 2020 at band C and is valid until January 2030. 2 certificates are on record, which shows how the home has changed.
- Planning records
- Planning applications are collected from local authority registers through PlanIt. 1 application is matched to 2 Foundry Place. Councils sometimes file applications under a different address format, and applications on neighbouring land aren't listed here; the report covers both.
- Area figures
- Crime is police-recorded street-level data over the last 19 months, which places each incident at an approximate point. The 111 schools and 30 stops listed are measured in a straight line from E1 3BY, not by walking route. Road noise is Defra's strategic noise modelling, averaged across the postcode.
- Council tax band
- 2 Foundry Place is in council tax band E. Bands are set by the Valuation Office Agency from historic values (1 April 1991 in England, 1 April 2003 in Wales), not today's price; the amount you pay depends on the council's rate for the band.
Common questions
The questions buyers, sellers and homeowners most often ask about 2 Foundry Place, Tower Hamlets, London, E1 3BY. Each answer is also embedded as structured data for search engines.
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