Flat 2, 56 Folgate Street, London, E1 6UW is a leasehold flat built between 1900-1929. The property offers approximately 732 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £710,673 , which equates to approximately £971 per square foot. It was last sold on 4 May 2012 for £435,000. Since then, the value has increased by £275,673, representing a 63.4% increase, or approximately 4.7% per year.

The current estimated value of £710,673 is:

  • 32.1% lower than the average property price on Folgate Street
  • 1.3% lower than the average in the E1 6UW postcode area
  • and 18.8% lower than the average price for London as a whole

At the most recent EPC inspection on 10 January 2019, the property was recorded as owner-occupied.

View sold house prices in E1 6UW

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
732 sq ft
Tenure
Leasehold
Price (estimate)
£710,673
Price Per sq ft (estimate)
£971
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 2, 56 Folgate Street, London, Tower Hamlets, Greater London Authority, E1 6UW has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 10 Jan 2019.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 10 Feb 2010, when the property was rated D. The current rating of E reflects a decline in energy efficiency of 30.8%.

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 hot water system was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from average to very poor.
  • The wall construction or insulation changed from system built, as built, insulated (assumed) to solid brick, as built, no insulation (assumed), changing energy efficiency from good to poor.
  • The lighting was updated from low energy lighting in 50% of fixed outlets to no low energy lighting, with efficiency changing from good to very poor.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to E1 6UW

8 th / 27
Price Rank
1% lower than average
5 th / 23
Size Rank
22% bigger than average
20 th / 23
Price Per Sq FT Rank
19% lower than average

Compared to other properties in E1 6UW , this flat's estimated value ranks 8th out of 27. Based on price per square foot, it ranks 20th 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 5th out of 23 properties in its postcode area.

Sale History

Today
£710,673
streetscan.co.uk estimate
+63 %
4 May 2012
£435,000
Leasehold
+74 %
14 Jun 2002
£250,000
Leasehold
+29.9 %
11 Aug 1998
£192,450
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 5, 56 Folgate Street, London, E1 6UW
rooms: 3
size: 624 sq ft
sale price: £330,000
sale date: 28 Aug 2009
Flat 26, 56 Folgate Street, London, E1 6UW
rooms: 3
size: 721 sq ft
sale price: £402,000
sale date: 7 Apr 2006
Flat 24, 56 Folgate Street, London, E1 6UW
rooms: 3
size: 743 sq ft
sale price: £249,950
sale date: 17 May 2002
Flat 19, 56 Folgate Street, London, E1 6UW
rooms: 3
size: 753 sq ft
sale price: £234,000
sale date: 14 Apr 2000
Flat 6, 56 Folgate Street, London, E1 6UW
rooms: 3
size: 757 sq ft
sale price: £188,450
sale date: 10 Aug 1998

Data Sources

The property at Flat 2, 56 Folgate Street, London, E1 6UW appears three times in the Land Registry records, with the latest transaction recorded on 4 May 2012. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 10 Jan 2019. 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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