Flat 72, 1 Prescot Street, London, E1 8RL is a leasehold flat built between 1976-1982. The property offers approximately 646 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £466,383 , which equates to approximately £722 per square foot. It was last sold on 29 Jan 2020 for £480,000. Since then, the value has decreased by £13,617, representing a 2.8% decrease, or approximately 0.5% per year.

The current estimated value of £466,383 is:

  • 70.1% lower than the average property price on Prescot Street
  • 30.8% lower than the average in the E1 8RL postcode area
  • and 46.7% lower than the average price for London as a whole

At the most recent EPC inspection on 7 August 2019, the property was recorded as owner-occupied.

View sold house prices in E1 8RL

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
646 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£466,383
Price Per sq ft (estimate)
£722
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 72, 1 Prescot Street, London, Tower Hamlets, Greater London Authority, E1 8RL has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 7 Aug 2019.

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 24 Mar 2009. The rating of C is unchanged, though the energy efficiency score decreased by 1.3%.

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 wall construction or insulation changed from solid brick, with internal insulation to system built, as built, partial insulation (assumed), changing energy efficiency from good to average.
  • The windows were upgraded from fully triple glazed to fully double glazed.
  • The lighting was updated from no low energy lighting to low energy lighting in 60% of fixed outlets, with efficiency improving from very poor to good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
System built, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 60% of fixed outlets
Good

Compared to E1 8RL

66 th / 88
Price Rank
31% lower than average
38 th / 74
Size Rank
9% smaller than average
50 th / 74
Price Per Sq FT Rank
24% lower than average

Compared to other properties in E1 8RL , this flat's estimated value ranks 66th out of 88. Based on price per square foot, it ranks 50th out of 74 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 38th out of 74 properties in its postcode area.

Sale History

Today
£466,383
streetscan.co.uk estimate
-3 %
29 Jan 2020
£480,000
Leasehold
+201.9 %
11 Feb 1999
£159,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 635 sq ft
sale price: £485,000
sale date: 12 Dec 2016
rooms: 3
size: 635 sq ft
sale price: £555,000
sale date: 14 Aug 2015
rooms: 3
size: 721 sq ft
sale price: £615,000
sale date: 1 May 2014
rooms: 3
size: 743 sq ft
sale price: £530,000
sale date: 16 Aug 2013
rooms: 3
size: 614 sq ft
sale price: £412,000
sale date: 3 Nov 2011

Data Sources

The property at Flat 72, 1 Prescot Street, London, E1 8RL appears two times in the Land Registry records, with the latest transaction recorded on 29 Jan 2020. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 7 Aug 2019. 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.