Flat 92, 1 Prescot Street, London, E1 8RL is a leasehold flat built between 1996-2002. The property offers approximately 850 square feet of living space and is situated on the 4th floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £553,640 , which equates to approximately £651 per square foot. It was last sold on 2 Aug 2024 for £575,000. Since then, the value has decreased by £21,360, representing a 3.7% decrease, or approximately 2.7% per year.

The current estimated value of £553,640 is:

  • 64.5% lower than the average property price on Prescot Street
  • 17.8% lower than the average in the E1 8RL postcode area
  • and 36.7% 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 12 February 2024, 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
850 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£553,640
Price Per sq ft (estimate)
£651
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 92, 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 12 Feb 2024.

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 25 Feb 2013, and the property received the same rating of C with an unchanged energy efficiency score of 77.

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 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 cavity wall, with internal insulation to cavity wall, as built, insulated (assumed), with no change in energy efficiency (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
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E1 8RL

20 th / 88
Price Rank
18% lower than average
20 th / 74
Size Rank
19% bigger than average
36 th / 74
Price Per Sq FT Rank
31% lower than average

Compared to other properties in E1 8RL , this flat's estimated value ranks 20th out of 88. Based on price per square foot, it ranks 36th out of 74 properties. In terms of size, this home ranks 20th out of 74 properties in its postcode area.

Sale History

Today
£553,640
streetscan.co.uk estimate
-4 %
2 Aug 2024
£575,000
Leasehold
+197.9 %
24 Dec 1997
£193,050
Leasehold

Area Insights

Similar Properties Sold Nearby

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
rooms: 3
size: 753 sq ft
sale price: £615,000
sale date: 19 Jul 2017
rooms: 3
size: 841 sq ft
sale price: £640,000
sale date: 14 Jul 2017

Data Sources

The property at Flat 92, 1 Prescot Street, London, E1 8RL appears two times in the Land Registry records, with the latest transaction recorded on 2 Aug 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 12 Feb 2024. 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.