Housing Market Analysis for COMMERCIAL STREET, E1 6LP

Are you looking to understand E1 6LP house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Tower Hamlets postcode.

For the location information and nearby amenities in the E1 6LP area, explore the E1 6LP Area information page.
For comprehensive crime statistics in the E1 6LP area, explore the E1 6LP Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the E1 6LP postcode area, The average prices are as follows,

  • Flat
    • The average price is around £347,118 median price is £297,500 Standard Deviation is £156,623 with Total Sold: 25
    • The Last 5 Year average price is £570,000 with Total Sold: 1
    • The most recent sale happened at this postcode is FLAT 3, 38 COMMERCIAL STREET: £570,000 (Sold on 03 Nov 2023)
    • The first recorded sale happened at this postcode is FLAT 1, 38 COMMERCIAL STREET: £194,500 (Sold on 02 Jul 2001)
  • Other
    • The average price is around £5,200,000 median price is £5,375,000 Standard Deviation is £2,313,277 with Total Sold: 4
    • The most recent sale happened at this postcode is 40 COMMERCIAL STREET: £3,250,000 (Sold on 29 Sep 2017)
    • The first recorded sale happened at this postcode is 4 COMMERCIAL STREET: £7,500,000 (Sold on 15 Jul 2016)

Sold Price Trend Over the Years:

Below table and chart gives the average E1 6LP house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£570,000 £9,048 1
2017£600,000 £9,524 1
2015£575,000 £10,763 2
2014£600,000 £10,345 1
2013£500,000 £8,197 1
2010£371,250 £6,921 2
2007£416,875 £6,387 4
2005£299,950 £4,917 1
2004£295,000 £4,683 1
2002£217,500 £3,868 2
2001£202,000 £3,541 9
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£2,900,0002
2016£7,500,0002

All the Sales in the COMMERCIAL STREET, E1 6LP

See the table below for more details on the sold house prices in the E1 6LP, Tower Hamlets postcode.

AddressSold DatePrice% Change
FLAT 3, 38 COMMERCIAL STREETFlat, LeaseholdArea: 63 Sq.mtrAge: before 190003 Nov 2023£570,000-5.00%
29 Sep 2017£600,00041.18%
10 Jul 2007£425,00044.07%
26 Nov 2004£295,00019.43%
23 Oct 2001£247,00025.70%
02 Jul 2001£196,500First Sale
40 COMMERCIAL STREETOther, Freehold29 Sep 2017£3,250,00027.45%
04 Jan 2017£2,550,000First Sale
6A COMMERCIAL STREETOther, Freehold15 Jul 2016£7,500,000First Sale
4 COMMERCIAL STREETOther, Freehold15 Jul 2016£7,500,000First Sale
FLAT 6, 38 COMMERCIAL STREETFlat, LeaseholdArea: 46 Sq.mtrAge: before 190020 Jul 2015£500,00060.00%
16 Apr 2010£312,50083.82%
05 Jul 2001£170,000First Sale
FLAT 1, 38 COMMERCIAL STREETFlat, LeaseholdArea: 61 Sq.mtr20 Mar 2015£650,00030.00%
02 Dec 2013£500,00016.28%
06 Aug 2010£430,00043.36%
31 Jan 2005£299,95027.64%
12 Apr 2002£235,00020.82%
02 Jul 2001£194,500First Sale
FLAT 7, 38 COMMERCIAL STREETFlat, LeaseholdArea: 58 Sq.mtrAge: before 190027 Mar 2014£600,00055.84%
12 Feb 2007£385,00071.11%
16 Aug 2001£225,000First Sale
FLAT 5, 38 COMMERCIAL STREETFlat, LeaseholdArea: 51.5 Sq.mtrAge: 1900-192921 Aug 2007£297,50048.75%
11 Apr 2002£200,00019.05%
18 Jul 2001£168,000First Sale
38 COMMERCIAL STREETFlat, Leasehold29 Mar 2007£560,000First Sale
FLAT 8, 38 COMMERCIAL STREETFlat, LeaseholdArea: 48 Sq.mtrAge: 1900-192904 Sep 2001£220,000First Sale
FLAT 2, 38 COMMERCIAL STREETFlat, LeaseholdArea: 68.3 Sq.mtrAge: 1900-192903 Jul 2001£197,500First Sale
FLAT 4, 38 COMMERCIAL STREETFlat, LeaseholdArea: 60 Sq.mtrAge: 1900-192903 Jul 2001£199,500First Sale

Check out the sold house prices near the E1 6LP postcode. Properties currently for saleProperties currently for rent

COMMERCIAL STREET, E1 6LP Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the E1 6LP postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the E1 6LP postcode.

  • Flat
    • The average price is around £429,106 median price is £327,000 Standard Deviation is £345,169 with Total Sold: 8,170
    • The Last 5 Year average price is £730,650 with Total Sold: 996
    • The most recent sale happened at this postcode is FLAT 11, 54 FOLGATE STREET: £685,000 (Sold on 09 Aug 2024)
    • The first recorded sale happened at this postcode is , 43 HOOPER STREET: £145,000 (Sold on 23 Jan 1995)
  • Other
    • The average price is around £12,345,178 median price is £1,100,000 Standard Deviation is £37,666,088 with Total Sold: 363
    • The Last 5 Year average price is £17,248,798 with Total Sold: 167
    • The most recent sale happened at this postcode is , 232 - 238 BISHOPSGATE: £4,555,001 (Sold on 12 Jul 2024)
    • The first recorded sale happened at this postcode is APARTMENT 902, CLUSTER C1K901, 65 LEMAN STREET: £80,350,000 (Sold on 19 Aug 2013)
  • Terraced
    • The average price is around £686,679 median price is £400,000 Standard Deviation is £822,515 with Total Sold: 359
    • The Last 5 Year average price is £1,764,894 with Total Sold: 32
    • The most recent sale happened at this postcode is , 20 PRINCELET STREET: £3,100,000 (Sold on 10 Jun 2024)
    • The first recorded sale happened at this postcode is , 9A ARTILLERY PASSAGE: £137,000 (Sold on 06 Jan 1995)
  • Semi-Detached
    • The average price is around £618,805 median price is £288,000 Standard Deviation is £673,773 with Total Sold: 27
    • The Last 5 Year average price is £2,850,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 23 WILKES STREET: £2,850,000 (Sold on 16 Jan 2023)
    • The first recorded sale happened at this postcode is , 19 WILKES STREET: £288,000 (Sold on 13 Jan 1995)
  • Detached
    • The average price is around £696,777 median price is £300,000 Standard Deviation is £930,973 with Total Sold: 11
    • The most recent sale happened at this postcode is , 66 - 68 BELL LANE: £3,500,000 (Sold on 07 Nov 2013)
    • The first recorded sale happened at this postcode is , 137 LEMAN STREET: £110,000 (Sold on 20 Feb 1995)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£559,301 £8,862 59
2023£716,166 £9,105 145
2022£613,356 £8,625 150
2021£607,417 £8,936 169
2020£679,239 £9,643 106
2019£883,456 £12,966 367
2018£815,984 £11,908 290
2017£766,456 £11,375 330
2016£772,278 £11,081 332
2015£666,706 £9,278 472
2014£589,193 £9,228 448
2013£563,023 £7,786 304
2012£432,937 £6,577 202
2011£424,645 £5,889 215
2010£431,954 £6,705 181
2009£364,649 £5,796 254
2008£393,230 £6,822 260
2007£325,771 £5,709 381
2006£299,301 £4,794 257
2005£271,382 £4,305 243
2004£232,985 £4,137 278
2003£246,843 £4,025 256
2002£228,650 £3,810 315
2001£215,830 £3,473 414
2000£189,946 £2,884 401
1999£164,653 £2,504 581
1998£154,064 £2,512 374
1997£131,198 £2,044 256
1996£98,763 £1,313 83
1995£62,714 £1,012 47
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£13,792,1197
2023£25,802,688 £5,277 16
2022£6,626,228 £10,100 25
2021£24,219,594 £7,617 32
2020£8,765,820 £18,172 27
2019£19,896,693 £10,638 60
2018£11,541,300 £10,271 39
2017£3,274,425 £17,778 36
2016£6,806,198 £30,961 53
2015£7,164,106 £23,480 37
2014£14,625,656 £529,934 19
2013£10,756,038 £50,843 12
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£2,801,6673
2023£1,436,667 £10,162 3
2022£1,618,571 £9,604 7
2021£2,134,161 £9,629 10
2020£1,206,250 £7,199 4
2019£1,253,000 £9,153 5
2018£1,539,375 £8,496 4
2017£2,247,143 £12,123 7
2016£1,448,000 £11,312 5
2015£2,347,500 £10,496 6
2014£1,380,620 £7,819 15
2013£1,065,150 £6,789 10
2012£1,041,333 £5,820 9
2011£642,357 £5,150 7
2010£796,429 £5,540 7
2009£661,250 £4,398 4
2008£1,051,000 £6,642 5
2007£749,353 £5,601 23
2006£555,681 £4,240 8
2005£408,500 £3,613 10
2004£613,145 £3,598 19
2003£429,636 £3,038 11
2002£351,045 £3,072 22
2001£374,767 £2,025 21
2000£373,540 £2,281 25
1999£343,288 £5,642 22
1998£211,870 £1,523 27
1997£137,440 £1,509 25
1996£118,882 £857 16
1995£128,447 £799 19
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£2,850,0001
2015£755,000 £5,432 1
2011£290,0001
2010£442,500 £2,551 2
2007£897,5002
2006£250,0001
2002£1,125,000 £2,778 1
2000£1,155,250 £2,711 5
1999£482,500 £3,185 2
1998£154,167 £977 3
1997£230,000 £952 3
1996£135,333 £839 3
1995£229,0002
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2013£3,500,000 £21,739 1
2011£980,0001
2008£245,000 £1,977 1
2005£750,000 £12,931 1
2000£530,183 £2,610 3
1999£200,000 £2,062 1
1998£182,000 £1,876 1
1995£108,500 £459 2

House Type in E1 6LP area

The most common house types in the E1 6LP postcode area are Flat (182), commercial building (5), and Detached (1).

Total188
Flat182
commercial building5
Detached1
Semi-detached0
Terraced0
Shared house0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (99), and Social rented: Other social rented (33).

Private rented: Private landlord or letting agency99
Social rented: Other social rented33
Owned: Owns outright23
Social rented: Rents from council or Local Authority14
Owned: Owns with a mortgage or loan9
Private rented: Other private rented8
Shared ownership: Shared ownership5
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the E1 6LP have 1 person in household (72), and 2 people in household (62).

1 person in household72
2 people in household62
3 people in household28
4 people in household11
5 people in household8
6 people in household4
0 people in household0
7 people in household0
8 or more people in household0