Flat 40, Theatre Building 1
Flat 40, Theatre Building 1
Description & Estimates







According to the public record, Flat 40, Theatre Building 1 is a modern apartment with 731 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 40, Theatre Building 1 is £428,984 and the estimated rental value is £2,396 per month.
The apartment is within Theatre Building, Paton Close, London, E3.
Paton Close, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Our Data Sources
Flat 40, Theatre Building 1 has no recent1 records in the the Land Registry and a single entry in the EPC database dated June 2020.
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
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 40, Theatre Building 1 is in very good condition we estimate a sale value of £450,433 and a rental value of £2,516 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £398,955 and a rental value of £2,228 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 40, Theatre Building 1 has moved down by £13,840 (3.2%), while its estimated rental value has increased by £105 per month (4.4%). Based on current estimates, the property offers a gross rental yield of 6.7%.
Energy Efficiency
Flat 40, Theatre Building 1 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Jun 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric underfloor heating.
Sold Prices
According to HM Land Registry, Flat 40, Theatre Building 1 was last sold on 29th January 2002 for £208,450 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
- Sold Jan 2002£208,450
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 40, Theatre Building 1 within a radius of 290 metres over the last 2 years.
The most recent example is Flat 28, Steward House 8, Trevithick Way, London, E3 3GE, a leasehold flat which sold for £450,000 on the 27th March 2026.
Read more about house prices in E3.
- Sold Mar 2026£450,000 | 2 Bed FlatSteward House 8, Trevithick WayFlat 28, Steward House 8, Trevithick Way, London, E3 3GE
- Sold Dec 2025£375,000 | 2 Bed FlatMallard Point 6, Rainhill WayFlat 49, 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
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Paton Close, London, E3 has a total of 58 addresses. According to our analysis of all the public data, Flat 40, Theatre Building 1 is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £16k less expensive than the average property in E3.
More reading links
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
The closest station to Flat 40, Theatre Building 1 is Bow Church station, which is 100 metres away.
- 100mBow Church
- 400mBow Road
- 700mDevons Road
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.

