Flat 5, 157 Commercial Street, London, E1 6BJ is a leasehold flat built before 1900. The property offers approximately 861 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £580,318 , which equates to approximately £674 per square foot. It was last sold on 17 Jul 2024 for £590,000. Since then, the value has decreased by £9,682, representing a 1.6% decrease, or approximately 1.2% per year.

The current estimated value of £580,318 is:

  • 24.8% lower than the average property price on Commercial Street
  • 41.5% lower than the average in the E1 6BJ postcode area
  • and 33.7% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 23 February 2023, the property was recorded as owner-occupied.

View sold house prices in E1 6BJ

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
861 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£580,318
Price Per sq ft (estimate)
£674
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 5, 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 23 Feb 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 7 Aug 2009, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 10.5%.

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 all fixed outlets
Very Good

Compared to E1 6BJ

14 th / 17
Price Rank
41% lower than average
7 th / 13
Size Rank
11% smaller than average
12 th / 13
Price Per Sq FT Rank
34% lower than average

Compared to other properties in E1 6BJ , this flat's estimated value ranks 14th out of 17. Based on price per square foot, it ranks 12th 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 7th out of 13 properties in its postcode area.

Sale History

Today
£580,318
streetscan.co.uk estimate
-2 %
17 Jul 2024
£590,000
Leasehold
+53.2 %
17 Feb 2010
£385,000
Leasehold
+54 %
27 Dec 2002
£250,000
Leasehold

Area Insights

Similar Properties Sold Nearby

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: 743 sq ft
sale price: £350,000
sale date: 9 Jun 2011
rooms: 3
size: 915 sq ft
sale price: £410,000
sale date: 9 Jun 2011

Data Sources

The property at Flat 5, 157 Commercial Street, London, E1 6BJ appears three times in the Land Registry records, with the latest transaction recorded on 17 Jul 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 23 Feb 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.