Flat 101, 1 Prescot Street, London, E1 8RL is a leasehold flat built between 1930-1949. The property offers approximately 980 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £588,253 , which equates to approximately £601 per square foot. It was last sold on 7 Jun 2024 for £595,000. Since then, the value has decreased by £6,747, representing a 1.1% decrease, or approximately 0.8% per year.

The current estimated value of £588,253 is:

  • 62.3% lower than the average property price on Prescot Street
  • 12.7% lower than the average in the E1 8RL postcode area
  • and 32.8% lower than the average price for London as a whole

View sold house prices in E1 8RL

Building approximate location

About Property

Type
Flat
Built
1930-1949
Interior Size
980 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£588,253
Price Per sq ft (estimate)
£601
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 101, 1 Prescot Street, London, Tower Hamlets, Greater London Authority, E1 8RL has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 20 Aug 2019.

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 19 Sep 2009. The rating of C remains the same, but the energy efficiency score improved by 1.3%.

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 solid brick, with internal insulation to solid brick, as built, no insulation (assumed), changing energy efficiency from good to very poor.
  • The lighting was changed from low energy lighting in 70% of fixed outlets to low energy lighting in 75% of fixed outlets, with no change in efficiency (very good).
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 75% of fixed outlets
Very Good

Compared to E1 8RL

39 th / 88
Price Rank
13% lower than average
9 th / 74
Size Rank
37% bigger than average
70 th / 74
Price Per Sq FT Rank
36% lower than average

Compared to other properties in E1 8RL , this flat's estimated value ranks 39th out of 88. Based on price per square foot, it ranks 70th out of 74 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 9th out of 74 properties in its postcode area.

Sale History

Today
£588,253
streetscan.co.uk estimate
-1 %
7 Jun 2024
£595,000
Leasehold
+122.4 %
15 Mar 2002
£267,500
Leasehold
+44.6 %
24 Mar 1999
£185,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 850 sq ft
sale price: £575,000
sale date: 2 Aug 2024
rooms: 4
size: 893 sq ft
sale price: £860,000
sale date: 20 Apr 2022
rooms: 3
size: 841 sq ft
sale price: £640,000
sale date: 14 Jul 2017
rooms: 3
size: 969 sq ft
sale price: £620,000
sale date: 5 Jan 2016
rooms: 2
size: 893 sq ft
sale price: £510,000
sale date: 20 Feb 2014

Data Sources

The property at Flat 101, 1 Prescot Street, London, E1 8RL appears three times in the Land Registry records, with the latest transaction recorded on 7 Jun 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 20 Aug 2019. 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.