[3] The ward takes its name from Coleman Street, which took its name from the charcoal burners who occupied the area in medieval times.

The Walbrook, known at this point as Deepditch and running on the line of modern Blomfield Street, formed the eastern boundary of Lower Moorfields and the line continues to form the eastern boundary of the part of the ward lying north of the former wall,[7] with the extra-mural ward of Bishopsgate Without lying east of the brook, and the road which now covers it.

The Alderman is Peter Estlin and the Common Councilmen are Michael Cassidy, Sophie Fernandes, Stuart Fraser and Andrew McMurtrie.

[11][12][13] On the night of 5 January 1642, after the king's failed attempt to arrest them, five MPs, Pym, Hampden, Haselrig, Strode and Holles, hid on Coleman Street utilising the support for parliament that tended to be afforded by sympathisers in the City of London.

At the northern end of the street stands the livery hall of the Worshipful Company of Armourers and Brasiers,[14] and the pineapple-shaped headquarters of Legal & General.