Flat 4, 598 Commercial Road, London, E14 7JR is a leasehold flat built in 2007 onwards. The property offers approximately 990 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £452,451 , which equates to approximately £457 per square foot. It was last sold on 16 Jul 2024 for £460,000. Since then, the value has decreased by £7,549, representing a 1.6% decrease, or approximately 1.2% per year.

The current estimated value of £452,451 is:

  • 49.9% lower than the average property price on Commercial Road
  • 15.4% lower than the average in the E14 7JR postcode area
  • and 48.3% lower than the average price for London as a whole

View sold house prices in E14 7JR

Building approximate location

About Property

Type
Flat
Built
2007 onwards
Interior Size
990 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£452,451
Price Per sq ft (estimate)
£457
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 4, 598 Commercial Road, London, Tower Hamlets, Greater London Authority, E14 7JR has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 25 Jun 2019.

This property uses electric storage 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 13 Nov 2008, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 8.9%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The wall construction or insulation changed from timber frame, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 15% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Electric storage heaters
Average
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 all fixed outlets
Very Good

Compared to E14 7JR

19 th / 76
Price Rank
15% lower than average
6 th / 73
Size Rank
40% bigger than average
55 th / 73
Price Per Sq FT Rank
40% lower than average

Compared to other properties in E14 7JR , this flat's estimated value ranks 19th out of 76. Based on price per square foot, it ranks 55th 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 6th out of 73 properties in its postcode area.

Sale History

Today
£452,451
streetscan.co.uk estimate
-2 %
16 Jul 2024
£460,000
Leasehold
+27.8 %
3 Apr 2007
£360,000
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: 4
size: 1033 sq ft
sale price: £490,000
sale date: 30 Jun 2022

Data Sources

The property at Flat 4, 598 Commercial Road, London, E14 7JR appears two times in the Land Registry records, with the latest transaction recorded on 16 Jul 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 25 Jun 2019. 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.