Flat 2, 38 Commercial Street, London, E1 6LP is a leasehold flat built before 1900. The property offers approximately 517 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £529,057 , which equates to approximately £1,024 per square foot. It was last sold on 3 Jul 2001 for £197,500. Since then, the value has increased by £331,557, representing a 167.9% increase, or approximately 6.9% per year.

The current estimated value of £529,057 is:

  • 31.4% lower than the average property price on Commercial Street
  • 74.7% lower than the average in the E1 6LP postcode area
  • and 39.6% lower than the average price for London as a whole

View sold house prices in E1 6LP

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
517 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£529,057
Price Per sq ft (estimate)
£1,024
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 2, 38 Commercial Street, London, Tower Hamlets, Greater London Authority, E1 6LP has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 20 Mar 2019.

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 4 Mar 2009, when the property was rated F. Since then, the rating has improved to C, with the energy efficiency score increasing by 132.3%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from boiler and radiators, electric to boiler and radiators, mains gas, improving energy efficiency from very poor to good.
  • The hot water energy efficiency improving from very poor to good, while the system remained as from main system.
  • The windows were upgraded from single glazed to fully double glazed.
  • The lighting was updated from no low energy lighting to low energy lighting in 33% of fixed outlets, with efficiency improving from very poor to average.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 33% of fixed outlets
Average

Compared to E1 6LP

10 th / 12
Price Rank
75% lower than average
8 th / 8
Size Rank
75% smaller than average
4 th / 8
Price Per Sq FT Rank
2% higher than average

Compared to other properties in E1 6LP , this flat's estimated value ranks 10th out of 12. Based on price per square foot, it ranks 4th out of 8 properties. In terms of size, this home ranks 8th out of 8 properties in its postcode area.

Sale History

Today
£529,057
streetscan.co.uk estimate
+168 %
3 Jul 2001
£197,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 549 sq ft
sale price: £500,000
sale date: 20 Jul 2015
rooms: 3
size: 517 sq ft
sale price: £220,000
sale date: 4 Sep 2001
rooms: 2
size: 452 sq ft
sale price: £405,000
sale date: 31 Jul 2024
rooms: 2
size: 506 sq ft
sale price: £495,000
sale date: 30 Jul 2020
rooms: 2
size: 463 sq ft
sale price: £387,125
sale date: 5 Jun 2020

Data Sources

The property at Flat 2, 38 Commercial Street, London, Tower Hamlets, Greater London Authority, E1 6LP appears once in the Land Registry records, with the transaction recorded on 3 Jul 2001. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 20 Mar 2019. 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.