Flat 118, 1 Prescot Street, London, E1 8RL is a leasehold flat built between 1930-1949. The property offers approximately 646 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 £552,036 , which equates to approximately £855 per square foot. It was last sold on 27 Apr 2011 for £361,500. Since then, the value has increased by £190,536, representing a 52.7% increase, or approximately 3.6% per year.

The current estimated value of £552,036 is:

  • 64.6% lower than the average property price on Prescot Street
  • 18.0% lower than the average in the E1 8RL postcode area
  • and 36.9% lower than the average price for London as a whole

At the most recent EPC inspection on 15 August 2020, the property was recorded as owner-occupied.

View sold house prices in E1 8RL

Building approximate location

About Property

Type
Flat
Built
1930-1949
Interior Size
646 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£552,036
Price Per sq ft (estimate)
£855
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 118, 1 Prescot Street, London, Tower Hamlets, Greater London Authority, E1 8RL has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 15 Aug 2020.

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 30 Jun 2009, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 17.1%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from solid brick, with internal insulation to timber frame, as built, no insulation (assumed), changing energy efficiency from good to very poor.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Electric storage heaters
Poor
Hot Water
Electric immersion, off-peak
Average
Walls
Timber frame, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E1 8RL

35 th / 88
Price Rank
18% lower than average
39 th / 74
Size Rank
9% smaller than average
22 nd / 74
Price Per Sq FT Rank
9% lower than average

Compared to other properties in E1 8RL , this flat's estimated value ranks 35th out of 88. Based on price per square foot, it ranks 22th out of 74 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 39th out of 74 properties in its postcode area.

Sale History

Today
£552,036
streetscan.co.uk estimate
+53 %
27 Apr 2011
£361,500
Leasehold
+57.2 %
29 Aug 2003
£230,000
Leasehold
+35.7 %
20 Jan 1998
£169,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 646 sq ft
sale price: £480,000
sale date: 29 Jan 2020
rooms: 2
size: 635 sq ft
sale price: £485,000
sale date: 12 Dec 2016
rooms: 3
size: 635 sq ft
sale price: £555,000
sale date: 14 Aug 2015
rooms: 3
size: 721 sq ft
sale price: £615,000
sale date: 1 May 2014
rooms: 3
size: 743 sq ft
sale price: £530,000
sale date: 16 Aug 2013

Data Sources

The property at Flat 118, 1 Prescot Street, London, E1 8RL appears three times in the Land Registry records, with the latest transaction recorded on 27 Apr 2011. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 15 Aug 2020. 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.