Flat 86, 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 £594,023 , which equates to approximately £935 per square foot. It was last sold on 14 Aug 2015 for £555,000. Since then, the value has increased by £39,023, representing a 7.0% increase, or approximately 0.7% per year.

The current estimated value of £594,023 is:

  • 61.9% lower than the average property price on Prescot Street
  • 11.8% lower than the average in the E1 8RL postcode area
  • and 32.1% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 28 March 2023, 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
635 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£594,023
Price Per sq ft (estimate)
£935
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 86, 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 28 Mar 2023.

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 15 Jan 2013. The rating of C remains the same, but the energy efficiency score improved by 2.7%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency changing from average to very poor, while the system remained as electric immersion, off-peak.
  • 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 poor to good.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
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

67 th / 88
Price Rank
12% lower than average
41 st / 74
Size Rank
11% smaller than average
49 th / 74
Price Per Sq FT Rank
1% lower than average

Compared to other properties in E1 8RL , this flat's estimated value ranks 67th out of 88. Based on price per square foot, it ranks 49th out of 74 properties. In terms of size, this home ranks 41th out of 74 properties in its postcode area.

Sale History

Today
£594,023
streetscan.co.uk estimate
+7 %
14 Aug 2015
£555,000
Leasehold
+128.9 %
23 Jul 2004
£242,500
Leasehold
+67.2 %
15 Jun 1998
£145,000
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: 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
rooms: 3
size: 646 sq ft
sale price: £361,500
sale date: 27 Apr 2011

Data Sources

The property at Flat 86, 1 Prescot Street, London, E1 8RL appears three times in the Land Registry records, with the latest transaction recorded on 14 Aug 2015. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 28 Mar 2023. 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.