Flat 9, 598 Commercial Road, London, E14 7JR is a leasehold flat built between 2003-2006. The property offers approximately 936 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £500,063 , which equates to approximately £534 per square foot. It was last sold on 1 Feb 2021 for £535,000. Since then, the value has decreased by £34,937, representing a 6.5% decrease, or approximately 1.3% per year.

The current estimated value of £500,063 is:

  • 44.6% lower than the average property price on Commercial Road
  • 6.4% lower than the average in the E14 7JR postcode area
  • and 42.9% 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
2003-2006
Interior Size
936 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£500,063
Price Per sq ft (estimate)
£534
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 9, 598 Commercial Road, London, Tower Hamlets, Greater London Authority, E14 7JR has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 4 Jun 2019.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 26 Nov 2008, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 7.4%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from average to very poor, while the heating system type remained the same (room heaters, electric).
  • The hot water system was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from average to very poor.
  • 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 low energy lighting in 10% of fixed outlets to low energy lighting in 47% of fixed outlets, with efficiency improving from poor to good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 47% of fixed outlets
Good

Compared to E14 7JR

21 st / 76
Price Rank
6% lower than average
23 rd / 73
Size Rank
32% bigger than average
40 th / 73
Price Per Sq FT Rank
29% lower than average

Compared to other properties in E14 7JR , this flat's estimated value ranks 21th out of 76. Based on price per square foot, it ranks 40th out of 73 properties. In terms of size, this home ranks 23th out of 73 properties in its postcode area.

Sale History

Today
£500,063
streetscan.co.uk estimate
-7 %
1 Feb 2021
£535,000
Leasehold
+2.9 %
24 Jul 2015
£520,000
Leasehold
+44.4 %
20 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: 990 sq ft
sale price: £460,000
sale date: 16 Jul 2024
rooms: 3
size: 840 sq ft
sale price: £530,000
sale date: 28 Mar 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

Data Sources

The property at Flat 9, 598 Commercial Road, London, E14 7JR appears three times in the Land Registry records, with the latest transaction recorded on 1 Feb 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 4 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.