Flat 7, 38 Commercial Street, London, E1 6LP is a leasehold flat built before 1900. The property offers approximately 624 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 £732,061 , which equates to approximately £1,173 per square foot. It was last sold on 27 Mar 2014 for £600,000. Since then, the value has increased by £132,061, representing a 22.0% increase, or approximately 1.9% per year.

The current estimated value of £732,061 is:

  • 5.1% lower than the average property price on Commercial Street
  • 65.0% lower than the average in the E1 6LP postcode area
  • and 16.4% lower than the average price for London as a whole

At the most recent EPC inspection on 10 August 2013, the property was recorded as owner-occupied.

View sold house prices in E1 6LP

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
624 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£732,061
Price Per sq ft (estimate)
£1,173
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 7, 38 Commercial Street, London, Tower Hamlets, Greater London Authority, E1 6LP has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 23 Aug 2019.

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 10 Aug 2013, when the property was rated E. Since then, the rating has improved to C, with the energy efficiency score increasing by 42.3%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from flat, no insulation (assumed) to flat, insulated (assumed), improving energy efficiency from very poor to good.
  • The lighting was updated from low energy lighting in 46% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Flat, insulated (assumed)
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 6LP

5 th / 12
Price Rank
65% lower than average
5 th / 8
Size Rank
70% smaller than average
1 st / 8
Price Per Sq FT Rank
17% higher than average

Compared to other properties in E1 6LP , this flat's estimated value ranks 5th out of 12. Based on price per square foot, it ranks 1st out of 8 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 5th out of 8 properties in its postcode area.

Sale History

Today
£732,061
streetscan.co.uk estimate
+22 %
27 Mar 2014
£600,000
Leasehold
+55.8 %
12 Feb 2007
£385,000
Leasehold
+71.1 %
16 Aug 2001
£225,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 678 sq ft
sale price: £570,000
sale date: 3 Nov 2023
rooms: 2
size: 549 sq ft
sale price: £500,000
sale date: 20 Jul 2015
rooms: 3
size: 657 sq ft
sale price: £650,000
sale date: 20 Mar 2015
rooms: 3
size: 689 sq ft
sale price: £297,500
sale date: 21 Aug 2007
rooms: 3
size: 689 sq ft
sale price: £199,500
sale date: 3 Jul 2001

Data Sources

The property at Flat 7, 38 Commercial Street, London, E1 6LP appears three times in the Land Registry records, with the latest transaction recorded on 27 Mar 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 23 Aug 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.