Flat 4, 1 Prescot Street, London, E1 8RJ is a leasehold flat built between 1930-1949. The property offers approximately 517 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 £685,000 , which equates to approximately £1,326 per square foot. It was last sold on 29 Aug 1997 for £135,000. Since then, the value has increased by £550,000, representing a 407.4% increase, or approximately 14.4% per year.

The current estimated value of £685,000 is:

  • 56.1% lower than the average property price on Prescot Street
  • 7.3% higher than the average in the E1 8RJ postcode area
  • and 21.7% lower than the average price for London as a whole

At the most recent EPC inspection on 27 May 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
517 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£685,000
Price Per sq ft (estimate)
£1,326
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 4, 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 27 May 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 9 May 2011, when the property was rated B. The current rating of D reflects a decline in energy efficiency of 33.7%.

Since the previous assessment, several changes were observed:

  • The heating system changed from electric storage heaters to electric storage heaters, electric storage heaters, with no change in energy efficiency (average).
  • The wall construction or insulation changed from system built, as built, insulated (assumed) to system built, as built, no insulation (assumed), changing energy efficiency from good to very poor.
  • The lighting was updated from low energy lighting in all fixed outlets to low energy lighting in 67% of fixed outlets, with efficiency changing from very good to good.
Heating Type
Electric storage heaters, Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
System built, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 67% of fixed outlets
Good

Compared to E1 8RJ

36 th / 63
Price Rank
7% higher than average
40 th / 52
Size Rank
23% smaller than average
11 th / 52
Price Per Sq FT Rank
39% higher than average

Compared to other properties in E1 8RJ , this flat's estimated value ranks 36th out of 63. Based on price per square foot, it ranks 11th 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 40th out of 52 properties in its postcode area.

Sale History

Today
£685,000
streetscan.co.uk estimate
+407 %
29 Aug 1997
£135,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 570 sq ft
sale price: £404,000
sale date: 3 Apr 2024
rooms: 2
size: 527 sq ft
sale price: £450,000
sale date: 22 Dec 2023
rooms: 2
size: 441 sq ft
sale price: £450,000
sale date: 25 Aug 2020
rooms: 2
size: 581 sq ft
sale price: £475,000
sale date: 5 Aug 2016
rooms: 2
size: 527 sq ft
sale price: £399,950
sale date: 29 Nov 2013

Data Sources

The property at Flat 4, 1 Prescot Street, London, Tower Hamlets, Greater London, E1 8RJ appears once in the Land Registry records, with the transaction recorded on 29 Aug 1997. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 27 May 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.