Flat 3, Theatre Building 1
Flat 3, Theatre Building 1
Description & Estimates
Flat 3, Theatre Building 1 is described in the public record as a modern apartment with 699 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 3, Theatre Building 1 is £416,246 and its rental estimate is £2,328 per month, given the available information and assuming reasonable condition.
Theatre Building, Paton Close is a residential building on Paton Close, London, E3 and falls within the E3 postal district and the London Borough of Tower Hamlets.
Our Data Sources
Flat 3, Theatre Building 1 has no recent1 records in the the Land Registry and a single entry in the EPC database dated April 2019.
We combine this information with public data 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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 3, Theatre Building 1, we estimate a market value of £437,058 and a rental value of £2,444 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £387,108 and £2,165 per month respectively.
Recent Market Change
Over the last year, Flat 3, Theatre Building 1 has seen its estimated sale value fall by £13,429 (3.2%) and its estimated rental value move up by £102 per month (4.4%). This results in an estimated gross rental yield of 6.7%.
Energy Efficiency
Flat 3, Theatre Building 1 has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 15 Apr 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric underfloor heating, Room heaters, electric.
Sold Prices
The most recent sale of Flat 3, Theatre Building 1 completed on 7th July 2006 at £242,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
- Sold Jul 2006£242,000
- Sold Dec 2001£167,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 3, Theatre Building 1 have sold within a radius of 290 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th February 2026, was Flat 57, Mallard Point 6, Rainhill Way, London, E3 3FQ, a leasehold flat which sold for £385,000.
Read more about house prices in E3.
- Sold Feb 2026£385,000 | 2 Bed FlatMallard Point 6, Rainhill WayFlat 57, Mallard Point 6, Rainhill Way, London, E3 3FQ
- Sold Sep 2025£400,000 | 2 Bed Flat2A, Campbell RoadFlat 10, 2A, Campbell Road, London, E3 4DT
- Sold Feb 2023£400,000 | 2 Bed Flat2A, Campbell RoadFlat 11, 2A, Campbell Road, London, E3 4DT
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 58 addresses on Paton Close, London, E3, Flat 3, Theatre Building 1 comes out as the 19th largest and the 18th most expensive in our analysis of the public data.
It is also £29k less expensive than the average property across the E3 district.
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Schools Nearby
- 200mSt Agnes RC Primary School
- 400mOld Palace Primary School
- 400mWellington Primary School
- 600mCentral Foundation Girls' School
- 900mMulberry UTC
- 900mHarris Science Academy East London
More reading links
Public Transport Nearby
From Flat 3, Theatre Building 1, the nearest station is Bow Church, 100 metres away.
- 100mBow Church
- 400mBow Road
- 700mDevons Road
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
