Model valuation£417,0008 Busby Close
Local market context
Estimated value
£689,000
Newest record on this page: December 2025. Land Registry and EPC registers update monthly, so this page can trail them by 2–3 months.
Our estimate
£689,000
Your note and figure are shown publicly on this page.
The estimate for 40 Ernest Street is modelled from its 91 m² EPC floor area, its 2 recorded sales and recent sales of comparable homes in E1 4LS. 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
91 m² from the EPC lodged in June 2022
Sales of this home
2 sales recorded, the latest in 2025
Recent sales in E1 4LS
5 sales, median £513,500 (2023–2017)
| Data | This page | Full report |
|---|---|---|
| Sales | Latest sale shown: December 2025 | 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 |
Latest sale on 40 Ernest Street was the highest on Land Registry record across the postcode.
1 December 2025Most recent
£675,000
+107.7%over 14 years27 October 2011
£325,000
Median price across the last 5 sales in E1 4LS: £513,500 (2023–2017).
52 Ernest Street, Tower Hamlets, London, E1 4LS
Sold Jul 2023
34 Ernest Street, Tower Hamlets, London, E1 4LS
Sold Jan 2023
54 Ernest Street, Tower Hamlets, London, E1 4LS
Sold May 2022
6 Ernest Street, Tower Hamlets, London, E1 4LS
Sold Apr 2020
16 Ernest Street, Tower Hamlets, London, E1 4LS
Sold Mar 2017
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40 Ernest Street is a three-bedroom mid-terrace house in Tower Hamlets, London, London (E1 4LS). It has a recorded floor area of 91 m² (around 980 sq ft), construction records dating it to 1976-1982 and council tax band D. Tenure is freehold. The latest certificate (June 2022) shows a C (score 71). When first surveyed in August 2011 the rating was D, the property has climbed 1 band since. Between certificates, window efficiency went from Poor to Average and hot-water efficiency went from Poor to Good. The recommended improvements would push it to B (score 86).
It changed hands recently, sold December 2025 for £675,000. 2 planning records sit against the property, 2 approved, 0 refused. Past consents include an extension, meaningful when judging how the property has evolved. At 91 m² it's 19.7% larger than the typical home in the postcode (76 m² median across 24 EPCs). Across 2011–2025, sale prices on this property compounded at 5.3% per year. On a £-per-square-foot basis, the last sale (£689/sq ft) was about 144.9% above the typical sold price in the postcode.
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Certificate validity
Valid until 1 June 2032
Changes detected from historical EPC data
Heating controls changed
Hot water system upgraded
Windows upgraded, improving insulation
Loft insulation upgraded to recommended levels
40 Ernest Street has 2 separate extension applications on the council record.
2 applications on record at 40 Ernest Street, Tower Hamlets, London, E1 4LS
Extension: Single storey
Application for Prior Approval under Schedule 2, Part 1, Class A.1 of the Town and Country Planning (General Permitted Development Order) 1995 (as amended) for the erection of a single storey rear extension.
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Years Held for 40 Ernest Street lags the street by a wide margin.
Price per m²
£7,418
Street avg £3,979
Floor Area
91 m²
Street avg 77 m²
Habitable Rooms
4 rooms
Street avg 4 rooms
CO₂ Emissions
2.8 t/year
Street avg 3.3 t/year
Rail-style transport is unusually close for this postcode.
Crime
949/mo
Falling year-on-year across the wider district.
Nearest stop
0.1 km
Ocean Estate — bus stop.
Closest school
0.3 km
Ben Jonson Primary School. 111 schools nearby.
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A Local Area report breaks down crime, transport links, schools and air quality in depth.

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Get a survey for this property
Because the property has been extended more than once, we believe a Level 3 building survey should be considered.
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