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In this area, apartments of this size normally have 2 bedrooms with a balcony.
Flat 5, 38, Commercial Street has an estimated sale value of £560,629 and an estimated rental value of £2,855 per month, assuming reasonable condition and based on the information available.
The apartment sits within 38, Commercial Street, London, E1.
Commercial Street, London, E1 lies in the borough of Tower Hamlets, within the E1 postal district.
Flat 5, 38, Commercial Street has 31 entries in the Land Registry , most recently in August 2007 and a single entry in the EPC database dated September 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
In very good condition, we estimate Flat 5, 38, Commercial Street would be worth £588,661, with a potential rental value of £2,998 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £521,385, with a rental value of £2,655 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 5, 38, Commercial Street has decreased by £17,513 (3.1%) over the last year. During the same period, its estimated monthly rental value has grown by £144 (5.0%). The property's estimated gross yield is currently 6.1%.
Flat 5, 38, Commercial Street has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Sep 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Flat 5, 38, Commercial Street last changed hands on 21st August 2007, selling for £297,500. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 11.4% since August 2007.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 220 metres of Flat 5, 38, Commercial Street across the last 2 years.
Most recently, Flat 46, Kensington Apartments 11, Commercial Street, London, E1 6LW, a leasehold flat, sold at £710,000 on the 18th August 2025.
Read more about house prices in E1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 5, 38, Commercial Street as the 343rd largest and the 270th most expensive of the 609 addresses on Commercial Street, London, E1.
Against the E1 postcode district average, it is £45k more expensive than the typical property.
Aldgate East station is the nearest stop to Flat 5, 38, Commercial Street at 100 metres away.
Ofcom's latest figures show standard broadband available in this area.
According to recent data from Ofcom, Standard broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 5, 38, Commercial Street, 56.0% of property is privately rented and 24.6% is socially rented.
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, 38, Commercial Street, 25.1% of residents are recorded as possessing school level qualifications and 66.6% 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, 38, 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, 38, Commercial Street, 0.8% 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, 38, 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.