Flat 7, 1 Prescot Street, London, E1 8RJ is a leasehold flat built between 1996-2002. The property offers approximately 592 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 £591,488 , which equates to approximately £999 per square foot. It was last sold on 11 Jun 2010 for £375,000. Since then, the value has increased by £216,488, representing a 57.7% increase, or approximately 3.7% per year.

The current estimated value of £591,488 is:

  • 62.1% lower than the average property price on Prescot Street
  • 7.4% lower than the average in the E1 8RJ postcode area
  • and 32.4% lower than the average price for London as a whole

At the most recent EPC inspection on 17 March 2010, the property was recorded as owner-occupied.

View sold house prices in E1 8RJ

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
592 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£591,488
Price Per sq ft (estimate)
£999
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 7, 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 22 Feb 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 17 Mar 2010, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 8.6%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, 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 system built, as built, no insulation (assumed) to solid brick, as built, insulated (assumed), improving energy efficiency from very poor to good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Solid brick, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to E1 8RJ

19 th / 63
Price Rank
7% lower than average
28 th / 52
Size Rank
12% smaller than average
10 th / 52
Price Per Sq FT Rank
5% higher than average

Compared to other properties in E1 8RJ , this flat's estimated value ranks 19th out of 63. Based on price per square foot, it ranks 10th 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 28th out of 52 properties in its postcode area.

Sale History

Today
£591,488
streetscan.co.uk estimate
+58 %
11 Jun 2010
£375,000
Leasehold
+50 %
27 Sep 2005
£250,000
Leasehold
+25 %
30 May 2000
£200,000
Leasehold
+29 %
15 Aug 1997
£155,000
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: 678 sq ft
sale price: £450,000
sale date: 21 May 2021
rooms: 2
size: 624 sq ft
sale price: £475,000
sale date: 28 Apr 2017
rooms: 2
size: 581 sq ft
sale price: £475,000
sale date: 5 Aug 2016

Data Sources

The property at Flat 7, 1 Prescot Street, London, E1 8RJ appears four times in the Land Registry records, with the latest transaction recorded on 11 Jun 2010. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 22 Feb 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.