Flat 16, 1 Prescot Street, London, E1 8RJ is a leasehold flat built between 1930-1949. The property offers approximately 527 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £453,785 , which equates to approximately £860 per square foot. It was last sold on 22 Dec 2023 for £450,000. Since then, the value has increased by £3,785, representing a 0.8% increase, or approximately 0.4% per year.

The current estimated value of £453,785 is:

  • 70.9% lower than the average property price on Prescot Street
  • 28.9% lower than the average in the E1 8RJ postcode area
  • and 48.2% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 4 November 2022, the property was recorded as rented.

View sold house prices in E1 8RJ

Building approximate location

About Property

Type
Flat
Built
1930-1949
Interior Size
527 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£453,785
Price Per sq ft (estimate)
£860
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 16, 1 Prescot Street, London, Tower Hamlets, Greater London, E1 8RJ has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 4 Nov 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 20 Jan 2012, when the property was rated B. The current rating of E reflects a decline in energy efficiency of 45.2%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from solid brick, as built, insulated (assumed) to system built, as built, no insulation (assumed), changing energy efficiency from good to very poor.
  • The lighting was changed from low energy lighting in all fixed outlets to low energy lighting in 85% of fixed outlets, with no change in efficiency (very good).
Heating Type
Electric storage heaters
Poor
Hot Water
Electric immersion, off-peak
Average
Walls
System built, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 85% of fixed outlets
Very Good

Compared to E1 8RJ

56 th / 63
Price Rank
29% lower than average
39 th / 52
Size Rank
21% smaller than average
33 rd / 52
Price Per Sq FT Rank
10% lower than average

Compared to other properties in E1 8RJ , this flat's estimated value ranks 56th out of 63. Based on price per square foot, it ranks 33th out of 52 properties. In terms of size, this home ranks 39th out of 52 properties in its postcode area.

Sale History

Today
£453,785
streetscan.co.uk estimate
+1 %
22 Dec 2023
£450,000
Leasehold
+34.3 %
27 Apr 2012
£335,000
Leasehold
-8.2 %
18 Sep 2007
£365,000
Leasehold
+233.3 %
3 Oct 1997
£109,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 570 sq ft
sale price: £404,000
sale date: 3 Apr 2024
rooms: 2
size: 581 sq ft
sale price: £475,000
sale date: 5 Aug 2016
rooms: 2
size: 527 sq ft
sale price: £399,950
sale date: 29 Nov 2013
rooms: 1
size: 474 sq ft
sale price: £307,000
sale date: 29 Oct 2010
rooms: 2
size: 592 sq ft
sale price: £375,000
sale date: 11 Jun 2010

Data Sources

The property at Flat 16, 1 Prescot Street, London, E1 8RJ appears four times in the Land Registry records, with the latest transaction recorded on 22 Dec 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 4 Nov 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.