Formosa House Ernest StreetHouse Prices / London, Tower Hamlets, Ernest Street, E1 4RG
Key Building Insights
Formosa House Ernest Street is a residential building situated on Ernest Street, London, E1 with 36 addresses.
It ranks as the 2060th largest and 693rd most expensive of the 2,320 buildings in the E1 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The building contains a total of 36 properties: 36 flats.
- Flats
Key Building Insights
Formosa House Ernest Street is a residential building situated on Ernest Street, London, E1 with 36 addresses.
It ranks as the 2060th largest and 693rd most expensive of the 2,320 buildings in the E1 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The building contains a total of 36 properties: 36 flats.
- Flats
House Pricesin Formosa House Ernest Street
Sale prices range from £307,912 for 2 bedroom leasehold flats with a balcony (532 ft2) to £407,818 for 3 bedroom leasehold flats with a balcony (861 ft2) .
Monthly rental prices range from £1,928 pcm for 2 bed flats to £2,445 pcm for 3 bed flats.
The gross rental yield is between 7.0% and 7.5%.
The average value per square foot is £506.
Sales Market Trendsin Formosa House Ernest Street
The last sale in Formosa House Ernest Street sold for £390,000 on 11th May 2022. Since then prices are down an average of 8.1%.
The current average value in the building is £363,553.
The Formosa House Ernest Street Sales Market has decreased by 7.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -2.9% | £363,553 |
| May 2025 | 0.8% | £374,509 |
| May 2024 | -0.8% | £371,462 |
| May 2023 | -2% | £374,575 |
| May 2022 | 2.5% | £382,127 |
| May 2021 | -3.1% | £372,744 |
| May 2020 | 3.3% | £384,516 |
| May 2019 | -2.9% | £372,344 |
| May 2018 | -3.2% | £383,325 |
| May 2017 | 1.2% | £395,956 |
| May 2016 | 8.7% | £391,300 |
| May 2015 | 11.6% | £360,111 |
| May 2014 | 21.6% | £322,816 |
| May 2013 | 5.4% | £265,412 |
| May 2012 | 5.3% | £251,741 |
| May 2011 | 2.2% | £239,024 |
| May 2010 | 7.7% | £233,778 |
| May 2009 | -13.6% | £217,039 |
| May 2008 | 9.4% | £251,105 |
| May 2007 | 0% | £229,472 |
Rental Market Trendsin Formosa House Ernest Street
The current average rental value in the building is £2,182.
The Formosa House Ernest Street Rental Market has increased by 37.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 5.1% | £2,182pcm |
| May 2025 | 1.9% | £2,076pcm |
| May 2024 | 3.9% | £2,036pcm |
| May 2023 | 14.9% | £1,960pcm |
| May 2022 | 16.3% | £1,706pcm |
| May 2021 | -8.7% | £1,466pcm |
| May 2020 | 2.1% | £1,605pcm |
| May 2019 | 1.7% | £1,572pcm |
| May 2018 | -1.2% | £1,545pcm |
| May 2017 | -1.3% | £1,565pcm |
| May 2016 | 1.8% | £1,585pcm |
| May 2015 | 5.2% | £1,556pcm |
| May 2014 | 3.8% | £1,479pcm |
| May 2013 | -2.2% | £1,425pcm |
| May 2012 | 7.9% | £1,457pcm |
| May 2011 | 10.4% | £1,350pcm |
| May 2010 | 3.8% | £1,223pcm |
| May 2009 | -11.6% | £1,178pcm |
| May 2008 | 12.6% | £1,333pcm |
| May 2007 | 0% | £1,184pcm |
Explore Propertiesin Formosa House, Ernest Street, London, E1 4RG
- Flat 1, Formosa House, Ernest Street, London, E1 4RG2 bed mid-century flat
- Flat 2, Formosa House, Ernest Street, London, E1 4RG
- Flat 3, Formosa House, Ernest Street, London, E1 4RG2 bed flat
- Flat 4, Formosa House, Ernest Street, London, E1 4RG
- Flat 5, Formosa House, Ernest Street, London, E1 4RG
- Flat 6, Formosa House, Ernest Street, London, E1 4RG
- Flat 7, Formosa House, Ernest Street, London, E1 4RG2 bed mid-century flat
- Flat 8, Formosa House, Ernest Street, London, E1 4RG2 bed mid-century flat
- Flat 9, Formosa House, Ernest Street, London, E1 4RG2 bed mid-century flat
- Flat 10, Formosa House, Ernest Street, London, E1 4RG
- Flat 11, Formosa House, Ernest Street, London, E1 4RG2 bed mid-century flat
- Flat 12, Formosa House, Ernest Street, London, E1 4RG2 bed mid-century flat
- Flat 13, Formosa House, Ernest Street, London, E1 4RG2 bed mid-century flat
- Flat 14, Formosa House, Ernest Street, London, E1 4RG
- Flat 15, Formosa House, Ernest Street, London, E1 4RG2 bed mid-century flat
- Flat 16, Formosa House, Ernest Street, London, E1 4RG2 bed mid-century flat
- Flat 17, Formosa House, Ernest Street, London, E1 4RG
- Flat 18, Formosa House, Ernest Street, London, E1 4RG2 bed mid-century flat
- Flat 19, Formosa House, Ernest Street, London, E1 4RG2 bed mid-century flat
- Flat 20, Formosa House, Ernest Street, London, E1 4RG
- Flat 21, Formosa House, Ernest Street, London, E1 4RG2 bed mid-century flat
- Flat 22, Formosa House, Ernest Street, London, E1 4RG
- Flat 23, Formosa House, Ernest Street, London, E1 4RG2 bed mid-century flat
- Flat 24, Formosa House, Ernest Street, London, E1 4RG
- Flat 25, Formosa House, Ernest Street, London, E1 4RG2 bed mid-century flat
- Flat 26, Formosa House, Ernest Street, London, E1 4RG
- Flat 27, Formosa House, Ernest Street, London, E1 4RG
- Flat 28, Formosa House, Ernest Street, London, E1 4RG
- Flat 29, Formosa House, Ernest Street, London, E1 4RG2 bed mid-century flat
- Flat 30, Formosa House, Ernest Street, London, E1 4RG
- Flat 31, Formosa House, Ernest Street, London, E1 4RG
- Flat 32, Formosa House, Ernest Street, London, E1 4RG2 bed mid-century flat
- Flat 33, Formosa House, Ernest Street, London, E1 4RG
- Flat 34, Formosa House, Ernest Street, London, E1 4RG
- Flat 35, Formosa House, Ernest Street, London, E1 4RG2 bed mid-century flat
- Flat 36, Formosa House, Ernest Street, London, E1 4RG3 bed mid-century flat
Sales Historyin Formosa House, Ernest Street, London, E1 4RG
The last sale was on 11th May 2022 for £390,000 and since then the market in the area has decreased by 8.1%. The building has had a total of 11 sales since 1995.
Formosa House, Ernest Street, London, E1 4RG has seen no sales in the last three years and no sales in the last twelve months.
Property Typesin Formosa House Ernest Street
- 18 mid-century flats built between 1936 and 1979
- 1 flat of an unknown age
- 17 other addresses of unknown type
- mid-century flat (18)
- flat (1)
- Unknown (17)
Energy Efficiencyof properties in Formosa House Ernest Street
- Energy Performance Certificate (EPC) surveys conducted for 18 properties.
- The dominant rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (12)
- G (0)
- D (5)
- No EPC (18)
Top 3 Most Expensive Saleson Ernest Street, London, E1
Schools Nearby
- 200mSolebay Primary - A Paradigm Academy
- 200mBen Jonson Primary School
- 500mHalley Primary School
- 500mMulberry Stepney Green Mathematics and Computing College
- 700mMorpeth School
- 700mStepney All Saints Church of England Secondary School
More reading links
Public Transport Nearby
The closest station to Formosa House, Ernest Street, London, E1 4RG is Stepney Green station, which is 400 metres away.
- 400mStepney Green
- 600mMile End
- 1.1kmLimehouse
- 1.1kmBethnal Green
