Flat 40, 1 Prescot Street, London, E1 8RJ is a leasehold flat built between 1930-1949. The property offers approximately 872 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £444,991 , which equates to approximately £510 per square foot. It was last sold on 10 Mar 2021 for £490,000. Since then, the value has decreased by £45,009, representing a 9.2% decrease, or approximately 1.9% per year.

The current estimated value of £444,991 is:

  • 71.5% lower than the average property price on Prescot Street
  • 30.3% lower than the average in the E1 8RJ postcode area
  • and 49.2% lower than the average price for London as a whole

View sold house prices in E1 8RJ

Building approximate location

About Property

Type
Terraced Maisonette
Built
1930-1949
Interior Size
872 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£444,991
Price Per sq ft (estimate)
£510
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 40, 1 Prescot Street, London, Tower Hamlets, Greater London Authority, E1 8RJ has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 11 Jan 2020.

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 23 Feb 2009, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 14.1%.

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 hot water energy efficiency improving from poor to average, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from solid brick, as built, no insulation (assumed) to system built, as built, no insulation (assumed), with no change in energy efficiency (very poor).
  • The lighting was updated from low energy lighting in 60% of fixed outlets to low energy lighting in 92% of fixed outlets, with efficiency improving from good to very good.
Heating Type
Electric storage heaters
Poor
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 92% of fixed outlets
Very Good

Compared to E1 8RJ

32 nd / 63
Price Rank
30% lower than average
9 th / 52
Size Rank
30% bigger than average
49 th / 52
Price Per Sq FT Rank
46% lower than average

Compared to other properties in E1 8RJ , this maisonette's estimated value ranks 32th out of 63. Based on price per square foot, it ranks 49th 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 9th out of 52 properties in its postcode area.

Sale History

Today
£444,991
streetscan.co.uk estimate
-9 %
10 Mar 2021
£490,000
Leasehold
+40 %
23 May 2008
£350,000
Leasehold
+125.8 %
13 Aug 1998
£155,000
Leasehold

Area Insights

Similar Properties Sold Nearby

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 38, 1 Prescot Street, London, E1 8RJ
rooms: 2
size: 829 sq ft
sale price: £475,000
sale date: 25 Apr 2019
Flat 25, 1 Prescot Street, London, E1 8RJ
rooms: 3
size: 797 sq ft
sale price: £607,000
sale date: 16 May 2014
Flat 9, 1 Prescot Street, London, E1 8RJ
rooms: 2
size: 926 sq ft
sale price: £285,000
sale date: 17 Nov 2006

Data Sources

The property at Flat 40, 1 Prescot Street, London, E1 8RJ appears three times in the Land Registry records, with the latest transaction recorded on 10 Mar 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 11 Jan 2020. 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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