Flat 1, 157 Commercial Street, London, E1 6BJ is a leasehold flat built between 1967-1975. The property offers approximately 872 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £606,962 , which equates to approximately £696 per square foot. It was last sold on 1 Jul 2005 for £300,000. Since then, the value has increased by £306,962, representing a 102.3% increase, or approximately 5.0% per year.

The current estimated value of £606,962 is:

  • 21.3% lower than the average property price on Commercial Street
  • 38.8% lower than the average in the E1 6BJ postcode area
  • and 30.7% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 15 September 2023, the property was recorded as rented.

View sold house prices in E1 6BJ

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
872 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£606,962
Price Per sq ft (estimate)
£696
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 1, 157 Commercial Street, London, Tower Hamlets, Greater London, E1 6BJ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 15 Sep 2023.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 11 Jun 2013, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 16.1%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from no system present: electric immersion assumed to from main system, with its energy efficiency improving from very poor to good.
  • The lighting was changed from no low energy lighting to low energy lighting in 6% of fixed outlets, with no change in efficiency (very poor).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 6% of fixed outlets
Very Poor

Compared to E1 6BJ

12 th / 17
Price Rank
39% lower than average
6 th / 13
Size Rank
10% smaller than average
11 th / 13
Price Per Sq FT Rank
32% lower than average

Compared to other properties in E1 6BJ , this flat's estimated value ranks 12th out of 17. Based on price per square foot, it ranks 11th out of 13 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 6th out of 13 properties in its postcode area.

Sale History

Today
£606,962
streetscan.co.uk estimate
+102 %
1 Jul 2005
£300,000
Leasehold
+0.8 %
13 Dec 2002
£297,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 861 sq ft
sale price: £590,000
sale date: 17 Jul 2024
rooms: 3
size: 915 sq ft
sale price: £2,160,000
sale date: 7 Jul 2023
rooms: 3
size: 883 sq ft
sale price: £657,500
sale date: 20 Jan 2021
rooms: 3
size: 936 sq ft
sale price: £712,000
sale date: 15 Dec 2016
rooms: 3
size: 915 sq ft
sale price: £410,000
sale date: 9 Jun 2011

Data Sources

The property at Flat 1, 157 Commercial Street, London, E1 6BJ appears two times in the Land Registry records, with the latest transaction recorded on 1 Jul 2005. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 15 Sep 2023. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.