Flat 114, 1 Prescot Street, London, E1 8RL is a leasehold flat built between 1996-2002. The property offers approximately 753 square feet of living space and is situated on the 5th floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £796,850 , which equates to approximately £1,058 per square foot. It was last sold on 31 Jul 1998 for £172,000. Since then, the value has increased by £624,850, representing a 363.3% increase, or approximately 13.3% per year.

The current estimated value of £796,850 is:

  • 48.9% lower than the average property price on Prescot Street
  • 18.3% higher than the average in the E1 8RL postcode area
  • and 9.0% lower than the average price for London as a whole

Based on EPC inspection history, this property has been mostly rented (2 out of 3 inspections). This suggests the property has often been rented out, which may indicate use as an investment or buy-to-let.

At the most recent EPC inspection on 19 September 2023, the property was recorded as owner-occupied.

View sold house prices in E1 8RL

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
753 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£796,850
Price Per sq ft (estimate)
£1,058
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 114, 1 Prescot Street, London, Tower Hamlets, Greater London, E1 8RL has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 19 Sep 2023.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows have full secondary glazing.

The previous EPC assessment was conducted on 2 Aug 2021, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 27.9%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from system built, as built, no insulation (assumed) to solid brick, as built, insulated (assumed), improving energy efficiency from very poor to good.
  • The windows were upgraded from fully double glazed to full secondary glazing.
  • The lighting was changed from low energy lighting in 86% of fixed outlets to low energy lighting in all 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, insulated (assumed)
Good
Windows
Full secondary glazing
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E1 8RL

41 st / 88
Price Rank
18% higher than average
29 th / 74
Size Rank
6% bigger than average
45 th / 74
Price Per Sq FT Rank
12% higher than average

Compared to other properties in E1 8RL , this flat's estimated value ranks 41th out of 88. Based on price per square foot, it ranks 45th out of 74 properties. In terms of size, this home ranks 29th out of 74 properties in its postcode area.

Sale History

Today
£796,850
streetscan.co.uk estimate
+363 %
31 Jul 1998
£172,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 850 sq ft
sale price: £575,000
sale date: 2 Aug 2024
rooms: 3
size: 775 sq ft
sale price: £600,000
sale date: 12 Aug 2020
rooms: 3
size: 646 sq ft
sale price: £480,000
sale date: 29 Jan 2020
rooms: 2
size: 797 sq ft
sale price: £675,000
sale date: 30 Oct 2017
rooms: 3
size: 753 sq ft
sale price: £615,000
sale date: 19 Jul 2017

Data Sources

The property at Flat 114, 1 Prescot Street, London, Tower Hamlets, Greater London, E1 8RL appears once in the Land Registry records, with the transaction recorded on 31 Jul 1998. It also has four Energy Performance Certificates (EPC) entries, the earliest dating back to 19 Sep 2023. 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.