Model valuation£417,0008 Busby Close
Local market context
Estimated value
£368,000
Newest record on this page: August 2023. Land Registry and EPC registers update monthly, so this page can trail them by 2–3 months.
Our estimate
£368,000
Your note and figure are shown publicly on this page.
The estimate for 123 Newark Street is modelled from its 60 m² EPC floor area, its 2 recorded sales and recent sales of comparable homes in E1 2ET. It is an automated estimate, not a survey or mortgage valuation: condition, layout and improvements that aren't on record can move the real figure either way.
Floor area
60 m² from the EPC lodged in May 2018
Sales of this home
2 sales recorded, the latest in 2002
Recent sales in E1 2ET
5 sales, median £370,000 (2023–2013)
| Data | This page | Full report |
|---|---|---|
| Sales | Latest sale shown: August 2023 | Latest available records, read when you order |
| Valuation | Estimate from the last refresh | Analysed against comparable sales |
| Planning | 1 of 2 applications | Full history, plus nearby schemes |
| Flood risk | Not shown | Included |
123 Newark Street has more than doubled in price since the earliest registered sale in 1995.
16 January 2002Most recent
£159,000
+127.2%over 6 years30 July 1995
£69,995
Median price across the last 5 sales in E1 2ET: £370,000 (2023–2013).
107 Newark Street, Tower Hamlets, London, E1 2ET
Sold Aug 2023
105 Newark Street, Tower Hamlets, London, E1 2ET
Sold Nov 2022
125 Newark Street, Tower Hamlets, London, E1 2ET
Sold Oct 2015
129 Newark Street, Tower Hamlets, London, E1 2ET
Sold Jul 2013
127 Newark Street, Tower Hamlets, London, E1 2ET
Sold Jun 2013
One time fee only - money back guarantee
123 Newark Street is a one-bedroom end-of-terrace house in Tower Hamlets, London, London (E1 2ET). It has a recorded floor area of 60 m² (around 646 sq ft) and construction records dating it to 1983-1990. At 60 m² this is the 8th smallest of 14 units on EPC record in the building, where floor areas span 29–66 m². The building's EPC ratings span D to C, with this unit at the top. The latest certificate (May 2018) shows a C (score 70). Main heating runs on electricity.
It hasn't traded since January 2002, a hold of 25 years that's notably long for the area. Across 1995–2002, sale prices on this property compounded at 13.5% per year. Today's modelled estimate of £368,000 sits 131.4% above the 2002 sale of £159,000. 2 planning records sit against the property, 2 approved, 0 refused. 1 bedrooms is on the smaller side for this postcode, where 3 is the typical count.
Certificate validity
Valid until 1 May 2028
2 applications on record at 123 Newark Street, Tower Hamlets, London, E1 2ET
Submission of details pursuant to condition 3 (materials), 4 (car free agreement) and 5 ( refuse arrangements) of planning permission dated 17th February 2011, reference PA/10/02694.
You're seeing the shape of it. The report has the substance.
One time fee only - money back guarantee
Years Held for 123 Newark Street runs comfortably ahead of the street norm.
Price per m²
£2,650
Street avg £4,204
Floor Area
60 m²
Street avg 54 m²
Habitable Rooms
3 rooms
Street avg 3 rooms
CO₂ Emissions
2.4 t/year
Street avg 2.4 t/year
Rail-style transport is unusually close for this postcode.
Crime
949/mo
Falling year-on-year across the wider district.
Nearest stop
0.2 km
Cavell Street — bus stop.
Closest school
0.3 km
Stepney Park Primary School. 112 schools nearby.
Go deeper on the local area
A Local Area report breaks down crime, transport links, schools and air quality in depth.

Daytime· 07:00 – 23:00
57.1dB

Night-time· 23:00 – 07:00
46.1dB
Get a survey for this property
Because the property has no mains gas supply, we believe a Level 3 building survey should be considered.
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