Flat 12, 1 Prescot Street, London, E1 8RJ is a leasehold flat built between 1900-1929. The property offers approximately 936 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £617,817 , which equates to approximately £660 per square foot. It was last sold on 27 Jul 2022 for £670,000. Since then, the value has decreased by £52,183, representing a 7.8% decrease, or approximately 2.3% per year.

The current estimated value of £617,817 is:

  • 60.4% lower than the average property price on Prescot Street
  • 3.2% lower than the average in the E1 8RJ postcode area
  • and 29.4% lower than the average price for London as a whole

At the most recent EPC inspection on 31 January 2022, the property was recorded as owner-occupied.

View sold house prices in E1 8RJ

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
936 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£617,817
Price Per sq ft (estimate)
£660
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 12, 1 Prescot Street, London, Tower Hamlets, Greater London, E1 8RJ has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 31 Jan 2022.

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 7 Aug 2009, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 38.8%.

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 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
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 all fixed outlets
Very Good

Compared to E1 8RJ

14 th / 63
Price Rank
3% lower than average
7 th / 52
Size Rank
40% bigger than average
40 th / 52
Price Per Sq FT Rank
31% lower than average

Compared to other properties in E1 8RJ , this flat's estimated value ranks 14th out of 63. Based on price per square foot, it ranks 40th out of 52 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 7th out of 52 properties in its postcode area.

Sale History

Today
£617,817
streetscan.co.uk estimate
-8 %
27 Jul 2022
£670,000
Leasehold
+74 %
17 Dec 2020
£385,000
Leasehold
-33.5 %
3 Dec 2013
£579,000
Leasehold
+131.6 %
10 Oct 2000
£249,950
Leasehold
+21.9 %
19 Feb 1999
£205,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 872 sq ft
sale price: £490,000
sale date: 10 Mar 2021
rooms: 2
size: 829 sq ft
sale price: £475,000
sale date: 25 Apr 2019
rooms: 3
size: 797 sq ft
sale price: £607,000
sale date: 16 May 2014
rooms: 2
size: 926 sq ft
sale price: £285,000
sale date: 17 Nov 2006
rooms: 3
size: 850 sq ft
sale price: £575,000
sale date: 2 Aug 2024

Data Sources

The property at Flat 12, 1 Prescot Street, London, E1 8RJ appears five times in the Land Registry records, with the latest transaction recorded on 27 Jul 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 31 Jan 2022. 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.