Flat 61, The Cloisters, 145 Commercial Street, London, E1 6EB is a leasehold flat built between 1900-1929. The property offers approximately 409 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £352,978 , which equates to approximately £863 per square foot. It was last sold on 25 Nov 2022 for £385,000. Since then, the value has decreased by £32,022, representing a 8.3% decrease, or approximately 2.7% per year.

The current estimated value of £352,978 is:

  • 54.3% lower than the average property price on Commercial Street
  • 14.9% lower than the average in the E1 6EB postcode area
  • and 59.7% 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 22 February 2022, the property was recorded as owner-occupied.

View sold house prices in E1 6EB

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
409 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£352,978
Price Per sq ft (estimate)
£863
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 61, The Cloisters, 145 Commercial Street, London, Tower Hamlets, Greater London, E1 6EB has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 22 Feb 2022.

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 20 Sep 2011, when the property was rated E. Since then, the rating has improved to C, with the energy efficiency score increasing by 43.1%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, no insulation (assumed) to (another dwelling above), changing energy efficiency from very poor to n/a.
  • The lighting was changed from low energy lighting in 80% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (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
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E1 6EB

38 th / 50
Price Rank
15% lower than average
24 th / 50
Size Rank
4% smaller than average
34 th / 50
Price Per Sq FT Rank
11% lower than average

Compared to other properties in E1 6EB , this flat's estimated value ranks 38th out of 50. Based on price per square foot, it ranks 34th 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 24th out of 50 properties in its postcode area.

Sale History

Today
£352,978
streetscan.co.uk estimate
-8 %
25 Nov 2022
£385,000
Leasehold
+67.4 %
20 Mar 2012
£230,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 452 sq ft
sale price: £405,000
sale date: 31 Jul 2024
rooms: 2
size: 388 sq ft
sale price: £410,000
sale date: 1 Dec 2023
rooms: 2
size: 377 sq ft
sale price: £360,000
sale date: 1 Jun 2022
rooms: 2
size: 355 sq ft
sale price: £355,000
sale date: 1 Feb 2022
rooms: 2
size: 377 sq ft
sale price: £385,000
sale date: 21 Aug 2020

Data Sources

The property at Flat 61, The Cloisters, 145 Commercial Street, London, E1 6EB appears two times in the Land Registry records, with the latest transaction recorded on 25 Nov 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 22 Feb 2022. 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.