Flat 8, 1 Prescot Street, London, E1 8RJ is a leasehold flat built between 1930-1949. The property offers approximately 560 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 £490,628 , which equates to approximately £877 per square foot. It was last sold on 22 Jul 2005 for £242,500. Since then, the value has increased by £248,128, representing a 102.3% increase, or approximately 5.0% per year.

The current estimated value of £490,628 is:

  • 68.6% lower than the average property price on Prescot Street
  • 23.2% lower than the average in the E1 8RJ postcode area
  • and 43.9% lower than the average price for London as a whole

At the most recent EPC inspection on 15 July 2022, the property was recorded as rented.

View sold house prices in E1 8RJ

Building approximate location

About Property

Type
Flat
Built
1930-1949
Interior Size
560 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£490,628
Price Per sq ft (estimate)
£877
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 8, 1 Prescot Street, London, Tower Hamlets, Greater London, E1 8RJ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 15 Jul 2022.

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 Jul 2012. The rating of C is unchanged, though the energy efficiency score decreased by 1.4%.

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, as built, no insulation (assumed) to solid brick, as built, partial insulation (assumed), improving energy efficiency from poor to average.
  • The windows were upgraded from to fully double glazed.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Solid brick, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E1 8RJ

20 th / 63
Price Rank
23% lower than average
35 th / 52
Size Rank
16% smaller than average
6 th / 52
Price Per Sq FT Rank
8% lower than average

Compared to other properties in E1 8RJ , this flat's estimated value ranks 20th out of 63. Based on price per square foot, it ranks 6th 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 35th out of 52 properties in its postcode area.

Sale History

Today
£490,628
streetscan.co.uk estimate
+102 %
22 Jul 2005
£242,500
Leasehold
+5.8 %
30 Aug 2002
£229,100
Leasehold
+47.8 %
4 Sep 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: 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
rooms: 2
size: 527 sq ft
sale price: £399,950
sale date: 29 Nov 2013

Data Sources

The property at Flat 8, 1 Prescot Street, London, E1 8RJ appears three times in the Land Registry records, with the latest transaction recorded on 22 Jul 2005. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 15 Jul 2022. 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.