Flat 16, Formosa House Ernest Street, London, E1 4RG is a leasehold flat built between 1930-1949. The property offers approximately 829 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £121,009 , which equates to approximately £146 per square foot. It was last sold on 1 Feb 2018 for £120,000. Since then, the value has increased by £1,009, representing a 0.8% increase, or approximately 0.1% per year.

The current estimated value of £121,009 is:

  • 65.1% lower than the average property price on Ernest Street
  • 64.2% lower than the average in the E1 4RG postcode area
  • and 86.2% lower than the average price for London as a whole

At the most recent EPC inspection on 17 October 2024, the property was recorded as rented.

View sold house prices in E1 4RG

Building approximate location

About Property

Type
Flat
Built
1930-1949
Interior Size
829 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£121,009
Price Per sq ft (estimate)
£146
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 16, Formosa House Ernest Street, London, Tower Hamlets, Greater London, E1 4RG has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 17 Oct 2024.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 1 Nov 2012. The rating of C remains the same, but the energy efficiency score improved by 8.5%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from from main system, no cylinder thermostat to from main system, with its energy efficiency improving from average to good.
  • The wall energy efficiency improving from very poor to poor, with the construction or insulation remaining solid brick, as built, no insulation (assumed).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Sale History

Today
£121,009
streetscan.co.uk estimate
+1 %
1 Feb 2018
£120,000
Leasehold
+66.7 %
10 Nov 1999
£72,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 21, Formosa House Ernest Street, London, E1 4RG
rooms: 4
size: 807 sq ft
sale price: £390,000
sale date: 11 May 2022
Flat 12, Formosa House Ernest Street, London, E1 4RG
rooms: 4
size: 775 sq ft
sale price: £387,500
sale date: 5 Feb 2021
Flat 9, Levant House Ernest Street, London, E1 4RB
rooms: 4
size: 743 sq ft
sale price: £410,000
sale date: 7 Jan 2025
Flat 19, Greenland House Ernest Street, London, E1 4SL
rooms: 4
size: 829 sq ft
sale price: £365,000
sale date: 31 Mar 2021
Flat 24, Bantry House Ernest Street, London, E1 4QX
rooms: 4
size: 721 sq ft
sale price: £410,000
sale date: 14 Jun 2016

Data Sources

The property at Flat 16, Formosa House Ernest Street, London, E1 4RG appears two times in the Land Registry records, with the latest transaction recorded on 1 Feb 2018. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 17 Oct 2024. 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.
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