Flat 6, 38 Commercial Street, London, E1 6LP is a leasehold flat built between 1900-1929. The property offers approximately 549 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 £525,768 , which equates to approximately £958 per square foot. It was last sold on 20 Jul 2015 for £500,000. Since then, the value has increased by £25,768, representing a 5.2% increase, or approximately 0.5% per year.

The current estimated value of £525,768 is:

  • 31.9% lower than the average property price on Commercial Street
  • 74.9% lower than the average in the E1 6LP postcode area
  • and 39.9% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 21 November 2023, the property was recorded as rented.

View sold house prices in E1 6LP

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
549 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£525,768
Price Per sq ft (estimate)
£958
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 6, 38 Commercial Street, London, Tower Hamlets, Greater London, E1 6LP has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 21 Nov 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 13 Oct 2009, when the property was rated F. Since then, the rating has improved to C, with the energy efficiency score increasing by 239.1%.

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 changing from very good to good.
  • The roof construction or insulation changed from flat, no insulation (assumed) to flat, insulated (assumed), improving energy efficiency from very poor to average.
  • 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
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Flat, insulated (assumed)
Average
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 6LP

11 th / 12
Price Rank
75% lower than average
6 th / 8
Size Rank
74% smaller than average
5 th / 8
Price Per Sq FT Rank
4% lower than average

Compared to other properties in E1 6LP , this flat's estimated value ranks 11th out of 12. Based on price per square foot, it ranks 5th out of 8 properties. In terms of size, this home ranks 6th out of 8 properties in its postcode area.

Sale History

Today
£525,768
streetscan.co.uk estimate
+5 %
20 Jul 2015
£500,000
Leasehold
+60 %
16 Apr 2010
£312,500
Leasehold
+83.8 %
5 Jul 2001
£170,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 624 sq ft
sale price: £600,000
sale date: 27 Mar 2014
rooms: 3
size: 517 sq ft
sale price: £220,000
sale date: 4 Sep 2001
rooms: 3
size: 517 sq ft
sale price: £197,500
sale date: 3 Jul 2001
rooms: 2
size: 624 sq ft
sale price: £615,000
sale date: 13 Oct 2023
rooms: 2
size: 603 sq ft
sale price: £300,000
sale date: 1 Sep 2022

Data Sources

The property at Flat 6, 38 Commercial Street, London, E1 6LP appears three times in the Land Registry records, with the latest transaction recorded on 20 Jul 2015. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 21 Nov 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.