Flat 3, 38 Commercial Street, London, E1 6LP is a leasehold flat built before 1900. The property offers approximately 678 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £565,870 , which equates to approximately £834 per square foot. It was last sold on 3 Nov 2023 for £570,000. Since then, the value has decreased by £4,130, representing a 0.7% decrease, or approximately 0.3% per year.

The current estimated value of £565,870 is:

  • 26.7% lower than the average property price on Commercial Street
  • 73.0% lower than the average in the E1 6LP postcode area
  • and 35.4% lower than the average price for London as a whole

At the most recent EPC inspection on 25 November 2016, the property was recorded as owner-occupied.

View sold house prices in E1 6LP

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
678 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£565,870
Price Per sq ft (estimate)
£834
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 3, 38 Commercial Street, London, Tower Hamlets, Greater London Authority, E1 6LP has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 25 Nov 2016.

This property uses an electric boiler with radiators as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

Heating Type
Boiler and radiators, electric
Very Poor
Hot Water
From main system
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 89% of fixed outlets
Very Good

Compared to E1 6LP

7 th / 12
Price Rank
73% lower than average
3 rd / 8
Size Rank
68% smaller than average
6 th / 8
Price Per Sq FT Rank
17% lower than average

Compared to other properties in E1 6LP , this flat's estimated value ranks 7th out of 12. Based on price per square foot, it ranks 6th out of 8 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 3rd out of 8 properties in its postcode area.

Sale History

Today
£565,870
streetscan.co.uk estimate
-1 %
3 Nov 2023
£570,000
Leasehold
-5 %
29 Sep 2017
£600,000
Leasehold
+41.2 %
10 Jul 2007
£425,000
Leasehold
+44.1 %
26 Nov 2004
£295,000
Leasehold
+19.4 %
23 Oct 2001
£247,000
Leasehold
+25.7 %
2 Jul 2001
£196,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 657 sq ft
sale price: £650,000
sale date: 20 Mar 2015
rooms: 3
size: 624 sq ft
sale price: £600,000
sale date: 27 Mar 2014
rooms: 3
size: 689 sq ft
sale price: £297,500
sale date: 21 Aug 2007
rooms: 3
size: 689 sq ft
sale price: £199,500
sale date: 3 Jul 2001
rooms: 2
size: 624 sq ft
sale price: £615,000
sale date: 13 Oct 2023

Data Sources

The property at Flat 3, 38 Commercial Street, London, E1 6LP appears six times in the Land Registry records, with the latest transaction recorded on 3 Nov 2023. It also has a single Energy Performance Certificate (EPC) from 25 Nov 2016. 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.