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According to the public record, 604, Commercial Road is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,080 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 604, Commercial Road is £663,084 and the estimated rental value is £3,495 per month.
Commercial Road, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
604, Commercial Road has a single entry in the Land Registry from March 2010 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 604, Commercial Road is in very good condition we estimate a sale value of £696,238 and a rental value of £3,670 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £616,668 and a rental value of £3,250 per month.
Over the last 12 months the sale value of 604 Commercial Road has decreased by an estimated £20,693 (3.1%) and its rental value has increased by an estimated £180 per month (5.2%), giving an expected gross yield of 6.3%.
According to HM Land Registry, 604, Commercial Road was last sold on 18th March 2010 for £383,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2010, the market for similar properties has risen 62.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 604, Commercial Road within a radius of 290 metres over the last 2 years.
The most recent example is 72, Island Row, London, E14 7HU, a freehold house which sold for £785,000 on the 18th August 2023.
Read more about house prices in E14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Commercial Road, London, E14 has a total of 469 addresses. According to our analysis of all the public data, 604, Commercial Road is the 26th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £191k more expensive than the average property in E14.
The nearest school is Sir William Burrough Primary School which is 170 metres away. The nearest train station is Limehouse which is 300 metres away.
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