Flat 74, 1 Prescot Street, London, E1 8RL is a leasehold flat built between 1996-2002. The property offers approximately 904 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £968,005 , which equates to approximately £1,071 per square foot. It was last sold on 23 Oct 1998 for £215,000. Since then, the value has increased by £753,005, representing a 350.2% increase, or approximately 12.9% per year.

The current estimated value of £968,005 is:

  • 38.0% lower than the average property price on Prescot Street
  • 43.7% higher than the average in the E1 8RL postcode area
  • and 10.6% higher than the average price for London as a whole

At the most recent EPC inspection on 6 March 2021, the property was recorded as rented.

View sold house prices in E1 8RL

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
904 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£968,005
Price Per sq ft (estimate)
£1,071
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 74, 1 Prescot Street, London, Tower Hamlets, Greater London, E1 8RL has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 6 Mar 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 5 Feb 2009, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 20%.

Since the previous assessment, several changes were observed:

  • The heating system changed from warm air, electric to electric storage heaters, electric storage heaters, with no change in energy efficiency (average).
  • The wall construction or insulation changed from solid brick, as built, no insulation (assumed) to solid brick, as built, insulated (assumed), improving energy efficiency from very poor to good.
  • The lighting was updated from low energy lighting in 30% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Electric storage heaters, 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
Low energy lighting in all fixed outlets
Very Good

Compared to E1 8RL

19 th / 88
Price Rank
44% higher than average
14 th / 74
Size Rank
27% bigger than average
42 nd / 74
Price Per Sq FT Rank
13% higher than average

Compared to other properties in E1 8RL , this flat's estimated value ranks 19th out of 88. Based on price per square foot, it ranks 42th out of 74 properties. In terms of size, this home ranks 14th out of 74 properties in its postcode area.

Sale History

Today
£968,005
streetscan.co.uk estimate
+350 %
23 Oct 1998
£215,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 850 sq ft
sale price: £575,000
sale date: 2 Aug 2024
rooms: 3
size: 980 sq ft
sale price: £595,000
sale date: 7 Jun 2024
rooms: 4
size: 893 sq ft
sale price: £860,000
sale date: 20 Apr 2022
rooms: 3
size: 775 sq ft
sale price: £600,000
sale date: 12 Aug 2020
rooms: 2
size: 797 sq ft
sale price: £675,000
sale date: 30 Oct 2017

Data Sources

The property at Flat 74, 1 Prescot Street, London, Tower Hamlets, Greater London, E1 8RL appears once in the Land Registry records, with the transaction recorded on 23 Oct 1998. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 6 Mar 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.