Flat 49, Theatre Building 1
Flat 49, Theatre Building 1
Description & Estimates
The public record describes Flat 49, Theatre Building 1 as a modern apartment with 656 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a balcony.
Flat 49, Theatre Building 1 has an estimated sale value of £398,923 and an estimated rental value of £2,235 per month, assuming reasonable condition and based on the information available.
The apartment sits within Theatre Building, Paton Close, London, E3.
Paton Close, London, E3 lies in the borough of Tower Hamlets, within the E3 postal district.
Our Data Sources
Flat 49, Theatre Building 1 has no recent1 records in the the Land Registry and a single entry in the EPC database dated May 2022.
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
In very good condition, we estimate Flat 49, Theatre Building 1 would be worth £418,870, with a potential rental value of £2,347 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £370,999, with a rental value of £2,078 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 49, Theatre Building 1 has decreased by £12,871 (3.2%) over the last year. During the same period, its estimated monthly rental value has grown by £98 (4.4%). The property's estimated gross yield is currently 6.7%.
Energy Efficiency
Flat 49, Theatre Building 1 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 May 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
Flat 49, Theatre Building 1 last changed hands on 30th June 2005, selling for £220,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
- Sold Jun 2005£220,000
- Sold Mar 2005£180,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 290 metres of Flat 49, Theatre Building 1 across the last 2 years.
Most recently, Flat 57, Mallard Point 6, Rainhill Way, London, E3 3FQ, a leasehold flat, sold at £385,000 on the 12th February 2026.
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
Our analysis of the public data ranks Flat 49, Theatre Building 1 as the 24th largest and the 23rd most expensive of the 58 addresses on Paton Close, London, E3.
Against the E3 postcode district average, it is £46k less expensive than the typical property.
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
Bow Church station is the nearest stop to Flat 49, Theatre Building 1 at 100 metres away.
- 100mBow Church
- 400mBow Road
- 700mDevons Road
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
