Flat 55, Theatre Building 1
Flat 55, Theatre Building 1
Description & Estimates
Flat 55, Theatre Building 1 is recorded publicly as a modern leasehold apartment across 473 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom with a balcony.
Our estimate of the sale value of Flat 55, Theatre Building 1 is £313,841 and its rental estimate is £1,721 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 55, Theatre Building 1 has 31 entries in the Land Registry , most recently in February 2014 and a single entry in the EPC database dated July 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 55, Theatre Building 1, we estimate a market value of £329,533 and a rental value of £1,807 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £291,872 and £1,600 per month respectively.
Recent Market Change
Over the last year, Flat 55, Theatre Building 1 has seen its estimated sale value decrease by £11,907 (3.8%) and its estimated rental value grow by £56 per month (3.2%). This results in an estimated gross rental yield of 6.6%.
Energy Efficiency
Flat 55, Theatre Building 1 has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Jul 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 55, Theatre Building 1 completed on 21st February 2014 at £265,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 55.2% over the period since February 2014.
- Sold Feb 2014£265,000
- Sold Jul 2008£198,000
- Sold Feb 2002£157,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 55, 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 3rd October 2025, was Flat 13, Marsalis House 131, Rainhill Way, London, E3 3EF, a leasehold flat which sold for £300,000.
Read more about house prices in E3.
- Sold Oct 2025£300,000 | 1 Bed FlatMarsalis House 131, Rainhill WayFlat 13, Marsalis House 131, Rainhill Way, London, E3 3EF
- Sold Sep 2024£201,000 | 1 Bed FlatMarsalis House 131, Rainhill WayFlat 12, Marsalis House 131, Rainhill Way, London, E3 3EF
- Sold Jun 2024£350,000 | 1 Bed FlatMarsalis House 131, Rainhill WayFlat 9, Marsalis House 131, Rainhill Way, London, E3 3EF
•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 55, Theatre Building 1 comes out as the 53rd largest and the 53rd most expensive in our analysis of the public data.
It is also £131k 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 55, 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.
