Flat 1, 56 Folgate Street, London, E1 6UW is a leasehold flat built between 1996-2002. The property offers approximately 527 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £588,672 , which equates to approximately £1,116 per square foot. It was last sold on 19 Aug 2015 for £550,000. Since then, the value has increased by £38,672, representing a 7.0% increase, or approximately 0.7% per year.

The current estimated value of £588,672 is:

  • 43.7% lower than the average property price on Folgate Street
  • 18.2% lower than the average in the E1 6UW postcode area
  • and 32.7% lower than the average price for London as a whole

View sold house prices in E1 6UW

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
527 sq ft
Tenure
Leasehold
Price (estimate)
£588,672
Price Per sq ft (estimate)
£1,116
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 1, 56 Folgate Street, London, Tower Hamlets, Greater London Authority, E1 6UW has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 4 Dec 2018.

This property uses electric storage 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 13 Dec 2008. The rating of C remains the same, but the energy efficiency score improved by 1.4%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The hot water energy efficiency improving from poor to average, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from timber frame, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 22% of fixed outlets to no low energy lighting, with efficiency changing from poor to very poor.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to E1 6UW

27 th / 27
Price Rank
18% lower than average
17 th / 23
Size Rank
12% smaller than average
18 th / 23
Price Per Sq FT Rank
7% lower than average

Compared to other properties in E1 6UW , this flat's estimated value ranks 27th out of 27. Based on price per square foot, it ranks 18th out of 23 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 17th out of 23 properties in its postcode area.

Sale History

Today
£588,672
streetscan.co.uk estimate
+7 %
19 Aug 2015
£550,000
Leasehold
+293 %
10 Aug 1998
£139,950
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 12, 56 Folgate Street, London, E1 6UW
rooms: 2
size: 506 sq ft
sale price: £450,000
sale date: 12 Mar 2025
Flat 25, 56 Folgate Street, London, E1 6UW
rooms: 3
size: 489 sq ft
sale price: £610,000
sale date: 12 May 2017
Flat 21, 56 Folgate Street, London, E1 6UW
rooms: 3
size: 484 sq ft
sale price: £655,000
sale date: 16 Jan 2015
Flat 8, 56 Folgate Street, London, E1 6UW
rooms: 2
size: 538 sq ft
sale price: £405,123
sale date: 15 Dec 2011
Flat 17, 56 Folgate Street, London, E1 6UW
rooms: 2
size: 538 sq ft
sale price: £320,000
sale date: 12 May 2011

Data Sources

The property at Flat 1, 56 Folgate Street, London, E1 6UW appears two times in the Land Registry records, with the latest transaction recorded on 19 Aug 2015. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 4 Dec 2018. 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.
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