Flat 5, 1 Prescot Street, London, E1 8RJ is a leasehold flat built between 1930-1949. The property offers approximately 743 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £579,322 , which equates to approximately £780 per square foot. It was last sold on 3 Oct 2022 for £650,000. Since then, the value has decreased by £70,678, representing a 10.9% decrease, or approximately 3.4% per year.

The current estimated value of £579,322 is:

  • 62.9% lower than the average property price on Prescot Street
  • 9.3% lower than the average in the E1 8RJ postcode area
  • and 33.8% 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 15 April 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
743 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£579,322
Price Per sq ft (estimate)
£780
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 5, 1 Prescot Street, London, Tower Hamlets, Greater London, E1 8RJ has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 15 Apr 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 16 Oct 2010. The rating of E is unchanged, though the energy efficiency score decreased by 4.5%.

Since the previous assessment, several changes were observed:

  • The heating system changed from electric storage heaters to room heaters, electric, with no change in energy efficiency (very poor).
  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to poor.
  • 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 35% of fixed outlets to low energy lighting in 82% of fixed outlets, with efficiency improving from average to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
System built, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 82% of fixed outlets
Very Good

Compared to E1 8RJ

12 th / 63
Price Rank
9% lower than average
14 th / 52
Size Rank
11% bigger than average
19 th / 52
Price Per Sq FT Rank
18% lower than average

Compared to other properties in E1 8RJ , this flat's estimated value ranks 12th out of 63. Based on price per square foot, it ranks 19th out of 52 properties. In terms of size, this home ranks 14th out of 52 properties in its postcode area.

Sale History

Today
£579,322
streetscan.co.uk estimate
-11 %
3 Oct 2022
£650,000
Leasehold
+2 %
8 Jun 2017
£637,500
Leasehold
+44.9 %
28 Feb 2012
£440,000
Leasehold
+109.5 %
24 Jan 2000
£210,000
Leasehold
+16.7 %
11 Aug 1997
£180,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 710 sq ft
sale price: £610,000
sale date: 8 Apr 2024
rooms: 4
size: 667 sq ft
sale price: £482,500
sale date: 1 Mar 2024
rooms: 2
size: 678 sq ft
sale price: £450,000
sale date: 21 May 2021
rooms: 3
size: 732 sq ft
sale price: £687,500
sale date: 5 Nov 2019
rooms: 2
size: 829 sq ft
sale price: £475,000
sale date: 25 Apr 2019

Data Sources

The property at Flat 5, 1 Prescot Street, London, E1 8RJ appears five times in the Land Registry records, with the latest transaction recorded on 3 Oct 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 15 Apr 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.