Flat 53, Theatre Building 1
Flat 53, Theatre Building 1
Description & Estimates
Public records show Flat 53, Theatre Building 1 to be a modern leasehold apartment with 667 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a balcony.
Flat 53, Theatre Building 1 has an estimated sale value of £403,291 and an estimated rental value of £2,258 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 53, Theatre Building 1 has 31 entries in the Land Registry , most recently in March 2012 and a single entry in the EPC database dated March 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
In very good condition, we estimate Flat 53, Theatre Building 1 would be worth £423,456, with a potential rental value of £2,371 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £375,061, with a rental value of £2,100 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 53, Theatre Building 1 has dropped by £13,011 (3.2%) over the last year. During the same period, its estimated monthly rental value has risen by £99 (4.4%). The property's estimated gross yield is currently 6.7%.
Energy Efficiency
Flat 53, Theatre Building 1 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Mar 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
Flat 53, Theatre Building 1 last changed hands on 23rd March 2012, selling for £244,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 53.1% since March 2012.
- Sold Mar 2012£244,000
- Sold Feb 2006£230,000
- Sold Feb 2002£191,950
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 290 metres of Flat 53, 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 53, Theatre Building 1 as the 21st largest and the 20th most expensive of the 58 addresses on Paton Close, London, E3.
Against the E3 postcode district average, it is £42k 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 53, 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.
