Flat 47, The Cloisters, 145 Commercial Street, London, E1 6EB is a leasehold flat built between 1930-1949. The property offers approximately 484 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £584,504 , which equates to approximately £1,207 per square foot. It was last sold on 3 Jul 2019 for £565,000. Since then, the value has increased by £19,504, representing a 3.5% increase, or approximately 0.5% per year.

The current estimated value of £584,504 is:

  • 24.2% lower than the average property price on Commercial Street
  • 41.0% higher than the average in the E1 6EB postcode area
  • and 33.2% lower than the average price for London as a whole

At the most recent EPC inspection on 10 February 2020, the property was recorded as owner-occupied.

View sold house prices in E1 6EB

Building approximate location

About Property

Type
Flat
Built
1930-1949
Interior Size
484 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£584,504
Price Per sq ft (estimate)
£1,207
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 47, The Cloisters, 145 Commercial Street, London, Tower Hamlets, Greater London Authority, E1 6EB has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 10 Feb 2020.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 13 Jan 2010, when the property was rated E. Since then, the rating has improved to C, with the energy efficiency score increasing by 46.2%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from poor to very poor.
  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E1 6EB

3 rd / 50
Price Rank
41% higher than average
14 th / 50
Size Rank
13% bigger than average
7 th / 50
Price Per Sq FT Rank
24% higher than average

Compared to other properties in E1 6EB , this flat's estimated value ranks 3rd out of 50. Based on price per square foot, it ranks 7th out of 50 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 14th out of 50 properties in its postcode area.

Sale History

Today
£584,504
streetscan.co.uk estimate
+3 %
3 Jul 2019
£565,000
Leasehold
+29.9 %
6 Nov 2014
£435,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 452 sq ft
sale price: £405,000
sale date: 31 Jul 2024
rooms: 2
size: 506 sq ft
sale price: £430,000
sale date: 30 Aug 2018
rooms: 2
size: 474 sq ft
sale price: £480,000
sale date: 1 Aug 2017
rooms: 2
size: 431 sq ft
sale price: £375,000
sale date: 7 Jul 2015
rooms: 3
size: 452 sq ft
sale price: £350,000
sale date: 14 Mar 2014

Data Sources

The property at Flat 47, The Cloisters, 145 Commercial Street, London, E1 6EB appears two times in the Land Registry records, with the latest transaction recorded on 3 Jul 2019. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 10 Feb 2020. 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.