Flat 5, 159 Commercial Street, London, E1 6BJ is a leasehold flat built between 2003-2006. The property offers approximately 915 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 £648,828 , which equates to approximately £709 per square foot. It was last sold on 9 Jun 2011 for £410,000. Since then, the value has increased by £238,828, representing a 58.3% increase, or approximately 4.0% per year.

The current estimated value of £648,828 is:

  • 15.9% lower than the average property price on Commercial Street
  • 34.5% lower than the average in the E1 6BJ postcode area
  • and 25.9% lower than the average price for London as a whole

View sold house prices in E1 6BJ

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
915 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£648,828
Price Per sq ft (estimate)
£709
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 5, 159 Commercial Street, London, Tower Hamlets, Greater London Authority, E1 6BJ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 17 Oct 2019.

This property uses an LPG-fired boiler with radiators 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 8 Oct 2009, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 2.5%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from boiler and radiators, mains gas to boiler and radiators, lpg, changing energy efficiency from very good to poor.
  • The hot water energy efficiency changing from very good to poor, while the system remained as from main system.
  • The wall construction or insulation changed from average thermal transmittance 0.30 w/m?k to solid brick, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, LPG
Poor
Hot Water
From main system
Poor
Walls
Solid brick, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E1 6BJ

11 th / 17
Price Rank
35% lower than average
4 th / 13
Size Rank
6% smaller than average
13 th / 13
Price Per Sq FT Rank
31% lower than average

Compared to other properties in E1 6BJ , this flat's estimated value ranks 11th out of 17. Based on price per square foot, it ranks 13th 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 4th out of 13 properties in its postcode area.

Sale History

Today
£648,828
streetscan.co.uk estimate
+58 %
9 Jun 2011
£410,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 5, 157 Commercial Street, London, E1 6BJ
rooms: 2
size: 861 sq ft
sale price: £590,000
sale date: 17 Jul 2024
Flat 9, 157 Commercial Street, London, E1 6BJ
rooms: 3
size: 915 sq ft
sale price: £2,160,000
sale date: 7 Jul 2023
Flat 2, 157 Commercial Street, London, E1 6BJ
rooms: 3
size: 883 sq ft
sale price: £657,500
sale date: 20 Jan 2021
Flat 3, 157 Commercial Street, London, E1 6BJ
rooms: 3
size: 936 sq ft
sale price: £712,000
sale date: 15 Dec 2016
Flat 7, 157 Commercial Street, London, E1 6BJ
rooms: 2
size: 856 sq ft
sale price: £498,000
sale date: 29 Jan 2010

Data Sources

The property at Flat 5, 159 Commercial Street, London, Tower Hamlets, Greater London Authority, E1 6BJ appears once in the Land Registry records, with the transaction recorded on 9 Jun 2011. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 17 Oct 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.
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