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£55,000 above fair value

E1 6UJ

Priory House, Folgate Street, London, E1 6UJ

2 Beds
2 Baths
71 m² Floor area
Type Flat
Listed 08 Jul 2026
Asking price £775,000
Price per m² £10,915 / m²

Description
Situated in the heart of Spitalfields, this well-presented two-bedroom raised ground-floor apartment forms part of the sought-after Priory House development. The property features a spacious open plan kitchen/dining/reception room with direct access to a private south-facing terrace overlooking the beautifully maintained Elder Gardens, providing a peaceful setting rarely found in such a central location. The apartment further benefits from two well-proportioned double bedrooms, two bathrooms, secure underground gated parking, and excellent storage throughout. Residents enjoy the convenience of a 24-hour concierge service, gym, business suite and attractive communal grounds.

Folgate Street occupies an enviable position on the edge of the City, moments from the vibrant amenities of Spitalfields and Shoreditch. Old Spitalfields Market, Brick Lane and the surrounding streets are home to an exceptional selection of acclaimed restaurants, cafés and independent retailers. A variety of boutique shops, galleries, gyms and everyday conveniences further enhance the area's appeal, creating one of London's most dynamic and desirable neighbourhoods.

Please note that both bedrooms have been virtually staged with furniture being fitted in both and carpet virtually installed in the main bedroom.

Service Charge: £5906.55 pa
Ground Rent: £275 pa
Unexpired Lease Term: 115 years
EPC - C
Council Tax - F (Tower Hamlets)

Location
The property is exceptionally well connected, with Liverpool Street Station approximately 0.4 miles away, providing access to the Elizabeth, Central, Circle, Metropolitan and Hammersmith & City lines, together with National Rail services. The Elizabeth line offers a direct route to Heathrow Airport, while the Stansted Express provides the same to Stansted Airport. Additional transport links are available from Shoreditch High Street, Aldgate East, Whitechapel and Old Street stations, offering excellent connectivity across London and beyond. The City of London is also within close proximity, making this an ideal home for professionals seeking a highly convenient commute.

Elder Gardens is a tranquil landscaped garden situated to the rear of Priory House. Created during the late 1990s as part of the area's residential regeneration, the gardens occupy land formerly used by the historic Spitalfields flower market, providing a secluded green oasis amidst the vibrant city surroundings. The wider Folgate Street and Spitalfields area is steeped in history, standing on land once associated with the medieval Priory and Hospital of St Mary Spital, from which Spitalfields takes its name, and later becoming famous for its Georgian terraces and Huguenot silk-weaving heritage.

How the asking price has moved

Jul 2026
£775,000
Listed at original asking price

What similar homes actually sold for

Nearby Land Registry transactions — the data behind our fair price estimate.

Address Sold price Date Type
Flat 5, PRIORY HOUSE, 32 FOLGATE STREET, E1 6UJ £725,000 Aug 2023 Flat
Flat 20, PRIORY HOUSE, 32 FOLGATE STREET, E1 6UJ £825,000 Aug 2019 Flat
Flat 6, PRIORY HOUSE, 32 FOLGATE STREET, E1 6UJ £750,000 Aug 2018 Flat
Source: HM Land Registry · E1 6UJ · Sorted by date

Priory House, Folgate Street, London, E1 6UJ

Our fair price estimate
£720,000
Nearby sold prices per m² × UK HPI × 71 m² floor area (EPC-declared)
Asking price £775,000
Fair price £720,000
Difference ↑ £55,000 over
Price per m² £10,915 / m²
Contact landlord
About this valuation

Fair price calculated from HM Land Registry sold prices in the same postcode area, adjusted by the UK House Price Index, and multiplied by the EPC-declared floor area of 71 m². Updated daily.