Flat 34, 1 Prescot Street, London, E1 8RJ is a leasehold flat built between 1930-1949. The property offers approximately 366 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £477,975 , which equates to approximately £1,306 per square foot. It was last sold on 23 May 2024 for £470,000. Since then, the value has increased by £7,975, representing a 1.7% increase, or approximately 1.1% per year.

The current estimated value of £477,975 is:

  • 69.4% lower than the average property price on Prescot Street
  • 25.1% lower than the average in the E1 8RJ postcode area
  • and 45.4% 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 16 February 2021, the property was recorded as owner-occupied.

View sold house prices in E1 8RJ

Building approximate location

About Property

Type
Flat
Built
1930-1949
Interior Size
366 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£477,975
Price Per sq ft (estimate)
£1,306
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 34, 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 16 Feb 2021.

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 30 May 2009, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 19.2%.

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 energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • 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
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E1 8RJ

30 th / 63
Price Rank
25% lower than average
52 nd / 52
Size Rank
45% smaller than average
1 st / 52
Price Per Sq FT Rank
37% higher than average

Compared to other properties in E1 8RJ , this flat's estimated value ranks 30th out of 63. Based on price per square foot, it ranks 1st 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 52th out of 52 properties in its postcode area.

Sale History

Today
£477,975
streetscan.co.uk estimate
+2 %
23 May 2024
£470,000
Leasehold
+56.7 %
9 Nov 2009
£300,000
Leasehold
+21 %
2 Jun 2006
£248,000
Leasehold
+77.1 %
31 Oct 1997
£140,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 398 sq ft
sale price: £264,000
sale date: 12 May 2006
rooms: 3
size: 409 sq ft
sale price: £120,000
sale date: 21 May 1998
rooms: 2
size: 420 sq ft
sale price: £147,750
sale date: 10 Nov 1997
rooms: 2
size: 377 sq ft
sale price: £315,000
sale date: 8 Feb 2008

Data Sources

The property at Flat 34, 1 Prescot Street, London, E1 8RJ appears four times in the Land Registry records, with the latest transaction recorded on 23 May 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Feb 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.