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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Flat 5, 159, Commercial Street is a modern leasehold apartment with 914 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 5, 159, Commercial Street is £536,723 and the estimated rental value is £3,173 per month.
The apartment is within 159, Commercial Street, London, E1.
Commercial Street, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Flat 5, 159, Commercial Street has a single entry in the Land Registry from June 2011 and a single entry in the EPC database dated October 2019.
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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 5, 159, Commercial Street is in very good condition we estimate a sale value of £563,559 and a rental value of £3,332 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £499,152 and a rental value of £2,951 per month.
Over the last 12 months the sale value of Flat 5 159 Commercial Street has decreased by an estimated £17,324 (3.2%) and its rental value has increased by an estimated £157 per month (5.0%), giving an expected gross yield of 7.1%.
Flat 5, 159, Commercial Street has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Oct 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, LPG.
According to HM Land Registry, Flat 5, 159, Commercial Street was last sold on 9th June 2011 for £410,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2011, the market for similar properties has dropped 8.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, 159, Commercial Street within a radius of 280 metres over the last 2 years.
The most recent example is Flat 6, 27, Wheler Street, London, E1 6ND, a leasehold flat which sold for £685,000 on the 23rd October 2024.
Read more about house prices in E1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Commercial Street, London, E1 has a total of 609 addresses. According to our analysis of all the public data, Flat 5, 159, Commercial Street is the 152nd largest and the 282nd most expensive property on the street.
When compared to the postcode district it is £21k more expensive than the average property in E1.
The closest station to Flat 5, 159, Commercial Street is Shoreditch High Street station which is 200 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 5, 159, Commercial Street, 62.1% of property is privately rented and 16.9% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 5, 159, Commercial Street, 10.3% of residents are recorded as possessing school level qualifications and 79.9% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 5, 159, Commercial Street, the average age was 32.1 and the most common age was 27.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 5, 159, Commercial Street, 1.6% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 5, 159, Commercial Street, there are an average of 0.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
