Flat 16, 590 Commercial Road, London, E14 7JR is a leasehold flat built between 2007-2011. The property offers approximately 603 square feet of living space and is situated on the 9th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £311,267 , which equates to approximately £516 per square foot. It was last sold on 31 Aug 2007 for £210,000. Since then, the value has increased by £101,267, representing a 48.2% increase, or approximately 2.6% per year.

The current estimated value of £311,267 is:

  • 65.5% lower than the average property price on Commercial Road
  • 41.8% lower than the average in the E14 7JR postcode area
  • and 64.4% lower than the average price for London as a whole

At the most recent EPC inspection on 14 September 2021, the property was recorded as rented.

View sold house prices in E14 7JR

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
603 sq ft
Tenure
Leasehold
Floor level
9th floor
Price (estimate)
£311,267
Price Per sq ft (estimate)
£516
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 16, 590 Commercial Road, London, Tower Hamlets, Greater London, E14 7JR has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 14 Sep 2021.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 18 Dec 2008, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 10.7%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from system built, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from no low energy lighting to low energy lighting in 20% of fixed outlets, with efficiency improving from very poor to poor.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 20% of fixed outlets
Poor

Compared to E14 7JR

72 nd / 76
Price Rank
42% lower than average
53 rd / 73
Size Rank
15% smaller than average
70 th / 73
Price Per Sq FT Rank
32% lower than average

Compared to other properties in E14 7JR , this flat's estimated value ranks 72th out of 76. Based on price per square foot, it ranks 70th out of 73 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 53th out of 73 properties in its postcode area.

Sale History

Today
£311,267
streetscan.co.uk estimate
+48 %
31 Aug 2007
£210,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 603 sq ft
sale price: £400,000
sale date: 30 Sep 2016
rooms: 2
size: 517 sq ft
sale price: £446,000
sale date: 25 Apr 2014
rooms: 2
size: 614 sq ft
sale price: £210,000
sale date: 16 Aug 2007
rooms: 2
size: 605 sq ft
sale price: £210,000
sale date: 16 Aug 2007
rooms: 3
size: 538 sq ft
sale price: £210,000
sale date: 15 Aug 2007

Data Sources

The property at Flat 16, 590 Commercial Road, London, Tower Hamlets, Greater London, E14 7JR appears once in the Land Registry records, with the transaction recorded on 31 Aug 2007. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Sep 2021. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.