Flat 83, 1 Prescot Street, London, E1 8RL is a leasehold flat built between 1996-2002. The property offers approximately 635 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £688,278 , which equates to approximately £1,084 per square foot. It was last sold on 22 Jun 1998 for £150,000. Since then, the value has increased by £538,278, representing a 358.9% increase, or approximately 13.1% per year.

The current estimated value of £688,278 is:

  • 55.9% lower than the average property price on Prescot Street
  • 2.2% higher than the average in the E1 8RL postcode area
  • and 21.4% lower than the average price for London as a whole

View sold house prices in E1 8RL

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
635 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£688,278
Price Per sq ft (estimate)
£1,084
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 83, 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 4 Mar 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 24 Apr 2009. The rating of C remains the same, but the energy efficiency score improved by 2.6%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from average to poor, while the heating system type remained the same (electric storage heaters).
  • The wall construction or insulation changed from timber frame, 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 27% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Electric storage heaters
Poor
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

61 st / 88
Price Rank
2% higher than average
43 rd / 74
Size Rank
11% smaller than average
38 th / 74
Price Per Sq FT Rank
15% higher than average

Compared to other properties in E1 8RL , this flat's estimated value ranks 61th out of 88. Based on price per square foot, it ranks 38th out of 74 properties. In terms of size, this home ranks 43th out of 74 properties in its postcode area.

Sale History

Today
£688,278
streetscan.co.uk estimate
+359 %
22 Jun 1998
£150,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 646 sq ft
sale price: £480,000
sale date: 29 Jan 2020
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: 614 sq ft
sale price: £412,000
sale date: 3 Nov 2011

Data Sources

The property at Flat 83, 1 Prescot Street, London, Tower Hamlets, Greater London Authority, E1 8RL appears once in the Land Registry records, with the transaction recorded on 22 Jun 1998. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 4 Mar 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.