Flat 6, 594 Commercial Road, London, E14 7JR is a leasehold flat built between 1996-2002. The property offers approximately 818 square feet of living space and is situated on the 5th floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £448,258 , which equates to approximately £548 per square foot. It was last sold on 17 Jun 2021 for £495,000. Since then, the value has decreased by £46,742, representing a 9.4% decrease, or approximately 2.1% per year.

The current estimated value of £448,258 is:

  • 50.4% lower than the average property price on Commercial Road
  • 16.1% lower than the average in the E14 7JR postcode area
  • and 48.8% 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
1996-2002
Interior Size
818 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£448,258
Price Per sq ft (estimate)
£548
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 6, 594 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 1 Jul 2020.

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 21 Jan 2009, when the property was rated D. Since then, the rating has improved to B, with the energy efficiency score increasing by 24.6%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from very poor to average, 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 very poor to average.
  • The lighting was updated from no low energy lighting to low energy lighting in 63% of fixed outlets, with efficiency improving from very poor to good.
Heating Type
Room heaters, electric
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 63% of fixed outlets
Good

Compared to E14 7JR

56 th / 76
Price Rank
16% lower than average
44 th / 73
Size Rank
16% bigger than average
65 th / 73
Price Per Sq FT Rank
27% lower than average

Compared to other properties in E14 7JR , this flat's estimated value ranks 56th out of 76. Based on price per square foot, it ranks 65th 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 44th out of 73 properties in its postcode area.

Sale History

Today
£448,258
streetscan.co.uk estimate
-9 %
17 Jun 2021
£495,000
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: 840 sq ft
sale price: £530,000
sale date: 28 Mar 2024
rooms: 3
size: 926 sq ft
sale price: £600,000
sale date: 25 Jun 2021
rooms: 3
size: 936 sq ft
sale price: £535,000
sale date: 1 Feb 2021
rooms: 4
size: 926 sq ft
sale price: £535,000
sale date: 11 Dec 2020

Data Sources

The property at Flat 6, 594 Commercial Road, London, Tower Hamlets, Greater London Authority, E14 7JR appears once in the Land Registry records, with the transaction recorded on 17 Jun 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 1 Jul 2020. 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.