Our Data Sources
Flat 8, Formosa House has no records in the the Land Registry and a single entry in the EPC database dated December 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate Flat 8, Formosa House would be worth £413,549, with a potential rental value of £2,462 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £366,286, with a rental value of £2,181 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Energy Efficiency
Flat 8, Formosa House has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Dec 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 72 sales of comparable properties within 270 metres of Flat 8, Formosa House across the last 2 years.
Most recently, 19, Sandalwood Close, London, E1 4QL, a leasehold flat, sold at £390,000 on the 5th December 2024.
Read more about house prices in E1.
- Sold Dec 2024£390,000 | 2 Bed Flat19, Sandalwood Close, London, E1 4QL19, Sandalwood Close, London, E1 4QL
- Sold Mar 2024£412,000 | 3 Bed Flat24, Sandalwood Close, London, E1 4QL24, Sandalwood Close, London, E1 4QL
- Sold Mar 2021£420,000 | 2 Bed FlatFlat 12, James House, Solebay Street, London, E1 4PPFlat 12, James House, Solebay Street, London, E1 4PP
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 8, Formosa House as the 38th largest and the 50th most expensive of the 302 addresses on Ernest Street, London, E1.
Against the E1 postcode district average, it is £123k less expensive than the typical property.
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Schools Nearby
- Solebay Primary - A Paradigm Academy200 m away
- Ben Jonson Primary School200 m away
- Halley Primary School500 m away
- Mulberry Stepney Green Mathematics and Computing College500 m away
- Morpeth School700 m away
- Stepney All Saints Church of England Secondary School700 m away
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Public Transport Nearby
- Stepney Green|400 m away
- Mile End|600 m away
- Limehouse|1.1 km away
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.
