Flat 16, 56 Folgate Street, London, E1 6UW is a leasehold flat built between 1996-2002. The property offers approximately 885 square feet of living space and is situated on the 3rd floor of a 5-storey building. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £636,462 , which equates to approximately £721 per square foot. It was last sold on 30 Mar 2016 for £665,000. Since then, the value has decreased by £28,538, representing a 4.3% decrease, or approximately 0.4% per year.

The current estimated value of £636,462 is:

  • 39.2% lower than the average property price on Folgate Street
  • 11.6% lower than the average in the E1 6UW postcode area
  • and 27.3% lower than the average price for London as a whole

View sold house prices in E1 6UW

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
885 sq ft
Tenure
Leasehold
Floor level
3rd floor of 5
Price (estimate)
£636,462
Price Per sq ft (estimate)
£721
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 16, 56 Folgate Street, London, Tower Hamlets, Greater London Authority, E1 6UW has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 3 Apr 2009.

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.

Heating Type
Electric storage heaters
Poor
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 25% of fixed outlets
Average

Compared to E1 6UW

9 th / 27
Price Rank
12% lower than average
1 st / 23
Size Rank
47% bigger than average
23 rd / 23
Price Per Sq FT Rank
40% lower than average

Compared to other properties in E1 6UW , this flat's estimated value ranks 9th out of 27. Based on price per square foot, it ranks 23th out of 23 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 1st out of 23 properties in its postcode area.

Sale History

Today
£636,462
streetscan.co.uk estimate
-4 %
30 Mar 2016
£665,000
Leasehold
+136.7 %
16 Jun 2003
£281,000
Leasehold
+47.5 %
10 Aug 1998
£190,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 753 sq ft
sale price: £234,000
sale date: 14 Apr 2000
rooms: 3
size: 757 sq ft
sale price: £188,450
sale date: 10 Aug 1998
rooms: 3
size: 764 sq ft
sale price: £685,000
sale date: 9 Aug 2024
rooms: 3
size: 775 sq ft
sale price: £215,000
sale date: 6 Apr 2023
rooms: 3
size: 753 sq ft
sale price: £760,000
sale date: 20 Mar 2023

Data Sources

The property at Flat 16, 56 Folgate Street, London, E1 6UW appears three times in the Land Registry records, with the latest transaction recorded on 30 Mar 2016. It also has a single Energy Performance Certificate (EPC) from 3 Apr 2009. 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.