Flat 23, 1 Prescot Street, London, E1 8RJ is a leasehold flat built between 1930-1949. The property offers approximately 570 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 £477,378 , which equates to approximately £837 per square foot. It was last sold on 14 Feb 2003 for £225,000. Since then, the value has increased by £252,378, representing a 112.2% increase, or approximately 4.9% per year.

The current estimated value of £477,378 is:

  • 69.4% lower than the average property price on Prescot Street
  • 25.2% lower than the average in the E1 8RJ postcode area
  • and 45.5% lower than the average price for London as a whole

At the most recent EPC inspection on 28 July 2021, the property was recorded as rented.

View sold house prices in E1 8RJ

Building approximate location

About Property

Type
Flat
Built
1930-1949
Interior Size
570 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£477,378
Price Per sq ft (estimate)
£837
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 23, 1 Prescot Street, London, Tower Hamlets, Greater London, E1 8RJ has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 28 Jul 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 8 Dec 2010, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 6.9%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The wall construction or insulation changed from cavity wall, as built, partial insulation (assumed) to solid brick, as built, no insulation (assumed), changing energy efficiency from average to poor.
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good 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

28 th / 63
Price Rank
25% lower than average
33 rd / 52
Size Rank
15% smaller than average
15 th / 52
Price Per Sq FT Rank
12% lower than average

Compared to other properties in E1 8RJ , this flat's estimated value ranks 28th out of 63. Based on price per square foot, it ranks 15th 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 33th out of 52 properties in its postcode area.

Sale History

Today
£477,378
streetscan.co.uk estimate
+112 %
14 Feb 2003
£225,000
Leasehold
+50 %
31 Mar 1998
£150,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 28, 1 Prescot Street, London, E1 8RJ
rooms: 3
size: 570 sq ft
sale price: £404,000
sale date: 3 Apr 2024
Flat 16, 1 Prescot Street, London, E1 8RJ
rooms: 2
size: 527 sq ft
sale price: £450,000
sale date: 22 Dec 2023
Flat 15, 1 Prescot Street, London, E1 8RJ
rooms: 2
size: 624 sq ft
sale price: £475,000
sale date: 28 Apr 2017
Flat 31, 1 Prescot Street, London, E1 8RJ
rooms: 2
size: 581 sq ft
sale price: £475,000
sale date: 5 Aug 2016
Flat 54, 1 Prescot Street, London, E1 8RJ
rooms: 2
size: 527 sq ft
sale price: £399,950
sale date: 29 Nov 2013

Data Sources

The property at Flat 23, 1 Prescot Street, London, E1 8RJ appears two times in the Land Registry records, with the latest transaction recorded on 14 Feb 2003. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 28 Jul 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.
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