Our Data Sources
Flat 3, Formosa House has a single entry in the Land Registry from July 2017 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
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 Flat 3, Formosa House is in very good condition we estimate a sale value of £403,350 and a rental value of £2,423 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £357,253 and a rental value of £2,146 per month.
Sold Prices
According to HM Land Registry, Flat 3, Formosa House was last sold on 21st July 2017 for £415,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2017, the market for similar properties has risen by 6.4%.
- Sold Jul 2017£415,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 65 sales of properties similar to Flat 3, Formosa House within a radius of 270 metres over the last 2 years.
The most recent example is 19, Sandalwood Close, London, E1 4QL, a leasehold flat which sold for £390,000 on the 5th December 2024.
Read more about house prices in E1.
- Sold Dec 2024£390,000 | 2 Bed Flat19, Sandalwood Close, London, E1 4QL19, Sandalwood Close, London, E1 4QL
- Sold Mar 2024£412,000 | 3 Bed Flat24, Sandalwood Close, London, E1 4QL24, Sandalwood Close, London, E1 4QL
- Sold Mar 2021£420,000 | 2 Bed FlatFlat 12, James House, Solebay Street, London, E1 4PPFlat 12, James House, Solebay Street, London, E1 4PP
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Ernest Street, London, E1 has a total of 302 addresses. According to our analysis of all the public data, Flat 3, Formosa House is the 76th largest and the 73rd most expensive property on the street.
When compared to the postcode district it is £133k less expensive than the average property in E1.
More reading links
Schools Nearby
- Solebay Primary - A Paradigm Academy200 m away
- Ben Jonson Primary School200 m away
- Halley Primary School500 m away
- Mulberry Stepney Green Mathematics and Computing College500 m away
- Morpeth School700 m away
- Stepney All Saints Church of England Secondary School700 m away
More reading links
Public Transport Nearby
- Stepney Green|400 m away
- Mile End|600 m away
- Limehouse|1.1 km away
Available Internet Speeds
According to recent data from Ofcom, Superfast Broadband is available in this area.
According to recent data from Ofcom, Superfast Broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be Very Low.
