Flat 5, 157
Flat 5, 157
Description & Estimates
Flat 5, 157, Commercial Street is recorded publicly as a modern leasehold apartment across 861 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat 5, 157, Commercial Street is £779,885 and its rental estimate is £3,509 per month, given the available information and assuming reasonable condition.
157, Commercial Street is a residential building on Commercial Street, London, E1 and falls within the E1 postal district and the London Borough of Tower Hamlets.
Our Data Sources
Flat 5, 157, Commercial Street has 31 entries in the Land Registry , most recently in July 2024 and a single entry in the EPC database dated February 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 5, 157, Commercial Street, we estimate a market value of £818,879 and a rental value of £3,684 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £725,293 and £3,263 per month respectively.
Recent Market Change
Over the last year, Flat 5, 157, Commercial Street has seen its estimated sale value decline by £25,173 (3.2%) and its estimated rental value climb by £174 per month (5.0%). This results in an estimated gross rental yield of 5.4%.
Energy Efficiency
Flat 5, 157, Commercial Street has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Feb 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 5, 157, Commercial Street completed on 17th July 2024 at £590,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 33.9% over the period since July 2024.
- Sold Jul 2024£590,000
- Sold Feb 2010£385,000
- Sold Dec 2002£250,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 5, 157, Commercial Street have sold within a radius of 290 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th August 2024, was Flat 11, 54, Folgate Street, London, E1 6UN, a leasehold flat which sold for £685,000.
Read more about house prices in E1.
- Sold Aug 2024£685,000 | 2 Bed FlatFlat 11, 54, Folgate Street, London, E1 6UNFlat 11, 54, Folgate Street, London, E1 6UN
- Sold Jul 2023£2,160,000 | 3 Bed FlatFlat 9, 157, Commercial Street, London, E1 6BJFlat 9, 157, Commercial Street, London, E1 6BJ
- Sold Apr 2018£740,000 | 2 Bed FlatFlat 18, 54, Folgate Street, London, E1 6UNFlat 18, 54, Folgate Street, London, E1 6UN
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 609 addresses on Commercial Street, London, E1, Flat 5, 157, Commercial Street comes out as the 169th largest and the 90th most expensive in our analysis of the public data.
It is also £265k more expensive than the average property across the E1 district.
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Schools Nearby
- 400mChrist Church CofE School
- 500mSt Anne's and Guardian Angels Catholic Primary School
- 600mVirginia Primary School
- 800mMulberry Academy Shoreditch
- 800mCentral Foundation Boys' School
- 1.0kmLondon Enterprise Academy
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Public Transport Nearby
From Flat 5, 157, Commercial Street, the nearest station is Shoreditch High Street, 200 metres away.
- 200mShoreditch High Street
- 600mLondon Liverpool Street
- 700mLiverpool Street
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
