Flat 27, 56 Folgate Street, London, E1 6UW is a leasehold flat built between 2003-2006. The property offers approximately 603 square feet of living space and is situated on the 5th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £847,946 , which equates to approximately £1,407 per square foot. It was last sold on 19 Aug 1998 for £187,450. Since then, the value has increased by £660,496, representing a 352.4% increase, or approximately 12.9% per year.

The current estimated value of £847,946 is:

  • 18.9% lower than the average property price on Folgate Street
  • 17.8% higher than the average in the E1 6UW postcode area
  • and 3.1% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as owner-occupied and once as rented, indicating a change in how it was used over time.

At the most recent EPC inspection on 2 November 2022, the property was recorded as owner-occupied.

View sold house prices in E1 6UW

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
603 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£847,946
Price Per sq ft (estimate)
£1,407
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 27, 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 2 Nov 2022.

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 17 Oct 2022. The rating of C remains the same, but the energy efficiency score improved by 2.7%.

Since the previous assessment, several changes were observed:

  • The roof energy efficiency improving from average to good, with the construction or insulation remaining flat, insulated (assumed).
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Flat, insulated (assumed)
Good
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

11 th / 27
Price Rank
18% higher than average
9 th / 23
Size Rank
1% bigger than average
6 th / 23
Price Per Sq FT Rank
17% higher than average

Compared to other properties in E1 6UW , this flat's estimated value ranks 11th out of 27. Based on price per square foot, it ranks 6th out of 23 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 9th out of 23 properties in its postcode area.

Sale History

Today
£847,946
streetscan.co.uk estimate
+352 %
19 Aug 1998
£187,450
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 527 sq ft
sale price: £550,000
sale date: 19 Aug 2015
rooms: 2
size: 538 sq ft
sale price: £405,123
sale date: 15 Dec 2011
rooms: 2
size: 538 sq ft
sale price: £320,000
sale date: 12 May 2011
rooms: 3
size: 527 sq ft
sale price: £325,000
sale date: 25 Sep 2009
rooms: 3
size: 624 sq ft
sale price: £330,000
sale date: 28 Aug 2009

Data Sources

The property at Flat 27, 56 Folgate Street, London, Tower Hamlets, Greater London, E1 6UW appears once in the Land Registry records, with the transaction recorded on 19 Aug 1998. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 2 Nov 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.