Flat 53, The Cloisters, 145 Commercial Street, London, E1 6EB is a leasehold flat built between 1900-1929. The property offers approximately 710 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £464,670 , which equates to approximately £654 per square foot. It was last sold on 23 Jan 1998 for £94,000. Since then, the value has increased by £370,670, representing a 394.3% increase, or approximately 14.1% per year.

The current estimated value of £464,670 is:

  • 39.8% lower than the average property price on Commercial Street
  • 12.1% higher than the average in the E1 6EB postcode area
  • and 46.9% lower than the average price for London as a whole

View sold house prices in E1 6EB

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
710 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£464,670
Price Per sq ft (estimate)
£654
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 53, 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 28 May 2020.

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 single glazed.

The previous EPC assessment was conducted on 26 May 2010, when the property was rated E. Since then, the rating has improved to C, with the energy efficiency score increasing by 48.9%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, standard tariff to from main system, with its energy efficiency improving from very poor to good.
  • The lighting was updated from no low energy lighting to low energy lighting in 71% of fixed outlets, with efficiency improving from very poor to very good.
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
Single glazed
Very Poor
Lighting
Low energy lighting in 71% of fixed outlets
Very Good

Compared to E1 6EB

9 th / 50
Price Rank
12% higher than average
2 nd / 50
Size Rank
66% bigger than average
45 th / 50
Price Per Sq FT Rank
33% lower than average

Compared to other properties in E1 6EB , this flat's estimated value ranks 9th out of 50. Based on price per square foot, it ranks 45th out of 50 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 2nd out of 50 properties in its postcode area.

Sale History

Today
£464,670
streetscan.co.uk estimate
+394 %
23 Jan 1998
£94,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 635 sq ft
sale price: £572,000
sale date: 18 Jul 2018
rooms: 3
size: 657 sq ft
sale price: £275,000
sale date: 8 Jun 2006
rooms: 4
size: 807 sq ft
sale price: £1,060,000
sale date: 4 Apr 2024
rooms: 3
size: 678 sq ft
sale price: £570,000
sale date: 3 Nov 2023
rooms: 2
size: 624 sq ft
sale price: £615,000
sale date: 13 Oct 2023

Data Sources

The property at Flat 53, The Cloisters, 145 Commercial Street, London, Tower Hamlets, Greater London Authority, E1 6EB appears once in the Land Registry records, with the transaction recorded on 23 Jan 1998. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 28 May 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.