7, FOUNDER CLOSE, LONDON, E6 6FS - £110,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 FOUNDER CLOSE is a small flat of 51m², built sometime between 1983 and 1990, which could now be worth an estimated £285,221. It was last sold for £110,000 in March 2002, which was around 14% below the average March 2002 flat price in the Newham local authority area. The most recent EPC inspection was April 2026, where the current energy rating was C, and the potential energy rating was C.

7 FOUNDER CLOSE Sold Prices

Land registry data shows two sales for 7 FOUNDER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Newham local authority area for the corresponding sale date. Both of the two 7 FOUNDER CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2002 11 MAR	£110,000	£127,811	14% below HPI
1997 9 JAN	£55,995	£56,805	1% below HPI

What might 7 FOUNDER CLOSE be worth now?

7 FOUNDER CLOSE might now be worth an estimated £285,221.

This is based on house price inflation of 159.3%, between March 2002 and April 2026, for flats, in the Newham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 159.3% inflationary increase is applied to the most recent sale price for 7 FOUNDER CLOSE of £110,000 on 11th March 2002. For the value to have increased from £110,000 to £285,221 over the 23 years and eleven months to April 2026, the following assumptions must hold true:

• The value of 7 FOUNDER CLOSE has moved in line with the HPI for flats in the Newham local authority area.
• The March 2002 sale price of £110,000 represented a fair market value for the property.
• The size, condition, and specification of 7 FOUNDER CLOSE has not materially changed since March 2002.

How Large is 7 FOUNDER CLOSE?

7 FOUNDER CLOSE is 51m² according to the EPC inspection conducted in April 2026. This puts it in the smallest 30% of flats in London, based on EPC data. 27% of flats are smaller than 7 FOUNDER CLOSE, and 71% of flats are larger. Note that EPC data is not available for all properties in London.

7 FOUNDER CLOSE: Plot

7 FOUNDER CLOSE sits on a plot of roughly 0.265 of an acre, or 1,071m².

Where is 7 FOUNDER CLOSE?

7 FOUNDER CLOSE is located in LONDON, in the E6 postcode district.