Flat 16, 594 Commercial Road, London, E14 7JR is a leasehold flat built between 2003-2006. The property offers approximately 840 square feet of living space and is situated on the 7th floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £537,283 , which equates to approximately £640 per square foot. It was last sold on 28 Mar 2024 for £530,000. Since then, the value has increased by £7,283, representing a 1.4% increase, or approximately 0.8% per year.

The current estimated value of £537,283 is:

  • 40.5% lower than the average property price on Commercial Road
  • 0.5% higher than the average in the E14 7JR postcode area
  • and 38.6% lower than the average price for London as a whole

At the most recent EPC inspection on 12 September 2022, the property was recorded as rented.

View sold house prices in E14 7JR

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
840 sq ft
Tenure
Leasehold
Floor level
7th floor
Price (estimate)
£537,283
Price Per sq ft (estimate)
£640
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 16, 594 Commercial Road, London, Tower Hamlets, Greater London, E14 7JR has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 12 Sep 2022.

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 30 Nov 2011, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 4.8%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from poor to very poor, while the heating system type remained the same (room heaters, electric).
  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from poor to average.
  • The lighting was changed from low energy lighting in 50% of fixed outlets to low energy lighting in 65% of fixed outlets, with no change in efficiency (good).
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 65% of fixed outlets
Good

Compared to E14 7JR

5 th / 76
Price Rank
1% higher than average
42 nd / 73
Size Rank
19% bigger than average
10 th / 73
Price Per Sq FT Rank
15% lower than average

Compared to other properties in E14 7JR , this flat's estimated value ranks 5th out of 76. Based on price per square foot, it ranks 10th out of 73 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 42th out of 73 properties in its postcode area.

Sale History

Today
£537,283
streetscan.co.uk estimate
+1 %
28 Mar 2024
£530,000
Leasehold
+24 %
15 Aug 2012
£427,500
Leasehold
+15.5 %
6 Jul 2007
£370,240
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 861 sq ft
sale price: £450,000
sale date: 4 Oct 2024
rooms: 3
size: 958 sq ft
sale price: £465,000
sale date: 21 Dec 2023
rooms: 3
size: 947 sq ft
sale price: £450,000
sale date: 28 Apr 2023
rooms: 3
size: 958 sq ft
sale price: £510,000
sale date: 11 Jul 2022
rooms: 3
size: 926 sq ft
sale price: £600,000
sale date: 25 Jun 2021

Data Sources

The property at Flat 16, 594 Commercial Road, London, E14 7JR appears three times in the Land Registry records, with the latest transaction recorded on 28 Mar 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 12 Sep 2022. 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.