Flat 38, 1 Prescot Street, London, E1 8RJ is a leasehold flat built between 1930-1949. The property offers approximately 829 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £492,459 , which equates to approximately £594 per square foot. It was last sold on 25 Apr 2019 for £475,000. Since then, the value has increased by £17,459, representing a 3.7% increase, or approximately 0.6% per year.

The current estimated value of £492,459 is:

  • 68.4% lower than the average property price on Prescot Street
  • 22.9% lower than the average in the E1 8RJ postcode area
  • and 43.7% lower than the average price for London as a whole

View sold house prices in E1 8RJ

Building approximate location

About Property

Type
Flat
Built
1930-1949
Interior Size
829 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£492,459
Price Per sq ft (estimate)
£594
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 38, 1 Prescot Street, London, Tower Hamlets, Greater London Authority, E1 8RJ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 15 Nov 2018.

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 Oct 2008. The rating of C remains the same, but the energy efficiency score improved by 5.6%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from average to poor, while the heating system type remained the same (electric storage heaters).
  • The wall construction or insulation changed from system built, with internal insulation to solid brick, as built, no insulation (assumed), changing energy efficiency from good to very poor.
  • The lighting was updated from no low energy lighting to low energy lighting in 15% of fixed outlets, with efficiency improving from very poor to poor.
Heating Type
Electric storage heaters
Poor
Hot Water
Electric immersion, off-peak
Average
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 15% of fixed outlets
Poor

Compared to E1 8RJ

22 nd / 63
Price Rank
23% lower than average
10 th / 52
Size Rank
24% bigger than average
41 st / 52
Price Per Sq FT Rank
38% lower than average

Compared to other properties in E1 8RJ , this flat's estimated value ranks 22th out of 63. Based on price per square foot, it ranks 41th out of 52 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 10th out of 52 properties in its postcode area.

Sale History

Today
£492,459
streetscan.co.uk estimate
+4 %
25 Apr 2019
£475,000
Leasehold
+43.9 %
9 Dec 2011
£330,000
Leasehold
+78.4 %
23 Jan 1999
£185,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 51, 1 Prescot Street, London, E1 8RJ
rooms: 3
size: 710 sq ft
sale price: £610,000
sale date: 8 Apr 2024
Flat 5, 1 Prescot Street, London, E1 8RJ
rooms: 3
size: 743 sq ft
sale price: £650,000
sale date: 3 Oct 2022
Flat 12, 1 Prescot Street, London, E1 8RJ
rooms: 3
size: 936 sq ft
sale price: £670,000
sale date: 27 Jul 2022
Flat 40, 1 Prescot Street, London, E1 8RJ
rooms: 2
size: 872 sq ft
sale price: £490,000
sale date: 10 Mar 2021
Flat 11, 1 Prescot Street, London, E1 8RJ
rooms: 3
size: 732 sq ft
sale price: £687,500
sale date: 5 Nov 2019

Data Sources

The property at Flat 38, 1 Prescot Street, London, E1 8RJ appears three times in the Land Registry records, with the latest transaction recorded on 25 Apr 2019. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 15 Nov 2018. 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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