Flat 17, 56 Folgate Street, London, E1 6UW is a leasehold flat built between 1983-1990. The property offers approximately 538 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £492,584 , which equates to approximately £915 per square foot. It was last sold on 12 May 2011 for £320,000. Since then, the value has increased by £172,584, representing a 53.9% increase, or approximately 3.7% per year.

The current estimated value of £492,584 is:

  • 52.9% lower than the average property price on Folgate Street
  • 31.6% lower than the average in the E1 6UW postcode area
  • and 43.7% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 20 October 2022, the property was recorded as owner-occupied.

View sold house prices in E1 6UW

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
538 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£492,584
Price Per sq ft (estimate)
£915
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 17, 56 Folgate Street, London, Tower Hamlets, Greater London, E1 6UW has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 20 Oct 2022.

This property uses electric room 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 24 Jan 2011. The rating of C remains the same, but the energy efficiency score improved by 3.9%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from poor 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
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E1 6UW

25 th / 27
Price Rank
32% lower than average
12 th / 23
Size Rank
10% smaller than average
16 th / 23
Price Per Sq FT Rank
24% lower than average

Compared to other properties in E1 6UW , this flat's estimated value ranks 25th out of 27. Based on price per square foot, it ranks 16th 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 12th out of 23 properties in its postcode area.

Sale History

Today
£492,584
streetscan.co.uk estimate
+54 %
12 May 2011
£320,000
Leasehold
+28 %
23 Jun 2006
£249,999
Leasehold
+19 %
10 Sep 2001
£210,000
Leasehold
+41 %
10 Aug 1998
£148,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 506 sq ft
sale price: £450,000
sale date: 12 Mar 2025
rooms: 3
size: 489 sq ft
sale price: £610,000
sale date: 12 May 2017
rooms: 2
size: 527 sq ft
sale price: £550,000
sale date: 19 Aug 2015
rooms: 3
size: 484 sq ft
sale price: £655,000
sale date: 16 Jan 2015
rooms: 2
size: 538 sq ft
sale price: £405,123
sale date: 15 Dec 2011

Data Sources

The property at Flat 17, 56 Folgate Street, London, E1 6UW appears four times in the Land Registry records, with the latest transaction recorded on 12 May 2011. It also has four Energy Performance Certificates (EPC) entries, the earliest dating back to 20 Oct 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.