Flat 2, 1 Prescot Street, London, E1 8RJ is a leasehold flat built between 1900-1929. The property offers approximately 398 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 £493,520 , which equates to approximately £1,239 per square foot. It was last sold on 12 May 2006 for £264,000. Since then, the value has increased by £229,520, representing a 86.9% increase, or approximately 4.4% per year.

The current estimated value of £493,520 is:

  • 68.4% lower than the average property price on Prescot Street
  • 22.7% lower than the average in the E1 8RJ postcode area
  • and 43.6% lower than the average price for London as a whole

At the most recent EPC inspection on 3 August 2021, 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
398 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£493,520
Price Per sq ft (estimate)
£1,239
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 2, 1 Prescot Street, London, Tower Hamlets, Greater London, E1 8RJ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 3 Aug 2021.

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 12 Jun 2009, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 7.4%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from solid brick, with internal insulation to solid brick, as built, no insulation (assumed), changing energy efficiency from good to 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
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E1 8RJ

35 th / 63
Price Rank
23% lower than average
51 st / 52
Size Rank
41% smaller than average
3 rd / 52
Price Per Sq FT Rank
30% higher than average

Compared to other properties in E1 8RJ , this flat's estimated value ranks 35th out of 63. Based on price per square foot, it ranks 3rd out of 52 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 51th out of 52 properties in its postcode area.

Sale History

Today
£493,520
streetscan.co.uk estimate
+87 %
12 May 2006
£264,000
Leasehold
+41.2 %
13 Dec 2001
£187,000
Leasehold
+38.5 %
26 Aug 1997
£135,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 366 sq ft
sale price: £470,000
sale date: 23 May 2024
rooms: 2
size: 441 sq ft
sale price: £450,000
sale date: 25 Aug 2020
rooms: 2
size: 431 sq ft
sale price: £465,000
sale date: 19 Dec 2014
rooms: 2
size: 458 sq ft
sale price: £347,000
sale date: 13 Mar 2007
rooms: 2
size: 431 sq ft
sale price: £177,000
sale date: 1 Dec 2000

Data Sources

The property at Flat 2, 1 Prescot Street, London, E1 8RJ appears three times in the Land Registry records, with the latest transaction recorded on 12 May 2006. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 3 Aug 2021. 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.