Flat 8, 38
Flat 8, 38
Description & Estimates
The public record describes Flat 8, 38, Commercial Street as a period apartment with 516 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a balcony.
Flat 8, 38, Commercial Street has an estimated sale value of £460,744 and an estimated rental value of £2,439 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.
Our Data Sources
Flat 8, 38, Commercial Street has no recent1 records in the the Land Registry and a single entry in the EPC database dated July 2021.
We combine this information with public data 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.
Price Range & Condition
In very good condition, we estimate Flat 8, 38, Commercial Street would be worth £483,781, with a potential rental value of £2,561 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £428,492, with a rental value of £2,268 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 8, 38, Commercial Street has fallen by £14,393 (3.1%) over the last year. During the same period, its estimated monthly rental value has moved up by £123 (5.0%). The property's estimated gross yield is currently 6.4%.
Energy Efficiency
Flat 8, 38, Commercial Street has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 21 Jul 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 8, 38, Commercial Street last changed hands on 4th September 2001, selling for £220,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
- Sold Sep 2001£220,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 220 metres of Flat 8, 38, Commercial Street across the last 2 years.
Most recently, Flat 4, 4, Gunthorpe Street, London, E1 7RQ, a leasehold flat, sold at £500,000 on the 27th March 2025.
Read more about house prices in E1.
- Sold Mar 2025£500,000 | 1 Bed Flat4, Gunthorpe StreetFlat 4, 4, Gunthorpe Street, London, E1 7RQ
- Sold Feb 2024£492,500 | 2 Bed FlatEastone Apartments 10, Lolesworth Close6, Eastone Apartments 10, Lolesworth Close, London, E1 6LN
- Sold May 2022£505,000 | 2 Bed Flat4, Gunthorpe StreetFlat 7, 4, Gunthorpe Street, London, E1 7RQ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 8, 38, Commercial Street as the 444th largest and the 343rd most expensive of the 609 addresses on Commercial Street, London, E1.
Against the E1 postcode district average, it is £55k less expensive than the typical property.
More reading links
Schools Nearby
- 0mMulberry Canon Barnett Primary Academy
- 300mChrist Church CofE School
- 400mEnglish Martyrs Roman Catholic Primary School
- 600mLondon Enterprise Academy
- 800mWapping High School
- 900mMulberry School for Girls
More reading links
Public Transport Nearby
Aldgate East station is the nearest stop to Flat 8, 38, Commercial Street at 100 metres away.
- 100mAldgate East
- 300mAldgate
- 700mTower Gateway
Available Internet Speeds
Ofcom's latest figures show standard broadband available in this area.
According to recent data from Ofcom, Standard broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
