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According to the public record, 1, Prospect Place is a modern leasehold house with 1,065 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Prospect Place is £812,147 and the estimated rental value is £3,891 per month.
Prospect Place, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
1, Prospect Place has 31 entries in the Land Registry , most recently in July 2015 and a single entry in the EPC database dated September 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Prospect Place is in very good condition we estimate a sale value of £852,754 and a rental value of £4,086 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £755,297 and a rental value of £3,619 per month.
Over the last 12 months the sale value of 1 Prospect Place has decreased by an estimated £52,177 (6.4%) and its rental value has increased by an estimated £103 per month (2.7%), giving an expected gross yield of 5.7%.
1, Prospect Place has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Sep 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 1, Prospect Place was last sold on 31st July 2015 for £775,000 and was recorded as a leasehold house.
The property has had 3 sales since 1995.
Since July 2015, the market for similar properties has risen 12.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Prospect Place within a radius of 320 metres over the last 2 years.
The most recent example is 54, Prospect Place, London, E1W 3TJ, a leasehold house which sold for £760,000 on the 30th September 2021.
Read more about house prices in E1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Prospect Place, London, E1 has a total of 69 addresses. According to our analysis of all the public data, 1, Prospect Place is the 7th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £300k more expensive than the average property in E1.
The nearest school is St Peter's London Docks CofE Primary School which is 155 metres away. The nearest train station is Wapping which is 300 metres away.
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