Flat 93, 1
Flat 93, 1
Description & Estimates
Flat 93, 1, Prescot Street is recorded publicly as an early-century leasehold apartment across 893 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat 93, 1, Prescot Street is £605,496 and its rental estimate is £3,242 per month, given the available information and assuming reasonable condition.
1, Prescot Street is a residential building on Prescot Street, London, E1 and falls within the E1 postal district and the London Borough of Tower Hamlets.
Our Data Sources
Flat 93, 1, Prescot Street has 21 entries in the Land Registry , most recently in February 2014 and a single entry in the EPC database dated October 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 93, 1, Prescot Street, we estimate a market value of £635,771 and a rental value of £3,404 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £563,111 and £3,015 per month respectively.
Recent Market Change
Over the last year, Flat 93, 1, Prescot Street has seen its estimated sale value drop by £19,544 (3.2%) and its estimated rental value rise by £161 per month (5.0%). This results in an estimated gross rental yield of 6.4%.
Energy Efficiency
Flat 93, 1, Prescot Street has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Oct 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of Flat 93, 1, Prescot Street completed on 20th February 2014 at £510,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 17.7% over the period since February 2014.
- Sold Feb 2014£510,000
- Sold Nov 1997£205,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 93, 1, Prescot Street have sold within a radius of 190 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 2nd August 2024, was Flat 92, 1, Prescot Street, London, E1 8RL, a leasehold flat which sold for £575,000.
Read more about house prices in E1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 155 addresses on Prescot Street, London, E1, Flat 93, 1, Prescot Street comes out as the 35th largest and the 35th most expensive in our analysis of the public data.
It is also £90k more expensive than the average property across the E1 district.
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Schools Nearby
- 200mEnglish Martyrs Roman Catholic Primary School
- 300mSt Paul's Whitechapel Church of England Primary School
- 300mHarry Gosling Primary School
- 400mMulberry Academy London Dock
- 500mLondon Enterprise Academy
- 700mWapping High School
More reading links
Public Transport Nearby
From Flat 93, 1, Prescot Street, the nearest station is Tower Gateway, 400 metres away.
- 400mTower Gateway
- 500mAldgate East
- 500mAldgate
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
