Flat 41, Theatre Building 1
Flat 41, Theatre Building 1
Description & Estimates
Flat 41, Theatre Building 1 is recorded publicly as a modern leasehold apartment across 656 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 41, Theatre Building 1 is £398,923 and its rental estimate is £2,235 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 41, Theatre Building 1 has 51 entries in the Land Registry , most recently in September 2017 and a single entry in the EPC database dated November 2022.
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.
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 41, Theatre Building 1, we estimate a market value of £418,870 and a rental value of £2,347 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £370,999 and £2,078 per month respectively.
Recent Market Change
Over the last year, Flat 41, Theatre Building 1 has seen its estimated sale value fall by £12,871 (3.2%) and its estimated rental value move up by £98 per month (4.4%). This results in an estimated gross rental yield of 6.7%.
Energy Efficiency
Flat 41, Theatre Building 1 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Nov 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of Flat 41, Theatre Building 1 completed on 22nd September 2017 at £412,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 5 times.
Values of comparable properties have dropped by 2.8% over the period since September 2017.
- Sold Sep 2017£412,000
- Sold Sep 2013£302,500
- Sold Aug 2009£267,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 41, 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 Jan 2026£385,000 | 2 Bed FlatTheatre Building 1, Paton CloseFlat 27, Theatre Building 1, Paton Close, London, E3 2QE
- Sold Oct 2024£385,000 | 2 Bed FlatTheatre Building 1, Paton CloseFlat 51, Theatre Building 1, Paton Close, London, E3 2QE
•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 41, Theatre Building 1 comes out as the 25th largest and the 24th most expensive in our analysis of the public data.
It is also £46k 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 41, 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.
