Flat 55, The Cloisters, 145 Commercial Street, London, E1 6EB is a leasehold flat built before 1900. The property offers approximately 506 square feet of living space and is situated on the 4th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £321,453 , which equates to approximately £635 per square foot. It was last sold on 6 Mar 1997 for £60,000. Since then, the value has increased by £261,453, representing a 435.8% increase, or approximately 15.1% per year.

The current estimated value of £321,453 is:

  • 58.3% lower than the average property price on Commercial Street
  • 22.5% lower than the average in the E1 6EB postcode area
  • and 63.3% 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
before 1900
Interior Size
506 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£321,453
Price Per sq ft (estimate)
£635
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 55, The Cloisters, 145 Commercial Street, London, Tower Hamlets, Greater London Authority, E1 6EB has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 14 Apr 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 property has multiple glazing throughout.

The previous EPC assessment was conducted on 8 Jul 2009. The rating of E remains the same, but the energy efficiency score improved by 11.1%.

Since the previous assessment, several changes were observed:

  • The hot water system changed from from main system, standard tariff to from main system, with no change in energy efficiency (good).
  • The windows were upgraded from fully double glazed to multiple glazing throughout.
  • The lighting was updated from no low energy lighting to low energy lighting in 50% of fixed outlets, with efficiency improving from very poor to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, no insulation (assumed)
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Multiple glazing throughout
Average
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to E1 6EB

45 th / 50
Price Rank
22% lower than average
8 th / 50
Size Rank
18% bigger than average
47 th / 50
Price Per Sq FT Rank
34% lower than average

Compared to other properties in E1 6EB , this flat's estimated value ranks 45th out of 50. Based on price per square foot, it ranks 47th 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 8th out of 50 properties in its postcode area.

Sale History

Today
£321,453
streetscan.co.uk estimate
+436 %
6 Mar 1997
£60,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 452 sq ft
sale price: £405,000
sale date: 31 Jul 2024
rooms: 3
size: 484 sq ft
sale price: £565,000
sale date: 3 Jul 2019
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

Data Sources

The property at Flat 55, 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 6 Mar 1997. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Apr 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.