Flat 1, Shiraj Tower 201
Flat 1, Shiraj Tower 201
Description & Estimates
The public record describes Flat 1, Shiraj Tower 201 as a mid-century apartment with 699 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a balcony.
Flat 1, Shiraj Tower 201 has an estimated sale value of £530,961 and an estimated rental value of £2,783 per month, assuming reasonable condition and based on the information available.
The apartment sits within Shiraj Tower, Commercial Road, London, E1.
Commercial Road, London, E1 lies in the borough of Tower Hamlets, within the E1 postal district.
Our Data Sources
Flat 1, Shiraj Tower 201 has no records in the the Land Registry and a single entry in the EPC database dated August 2016.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate Flat 1, Shiraj Tower 201 would be worth £557,509, with a potential rental value of £2,923 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £493,794, with a rental value of £2,589 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 1, Shiraj Tower 201 has moved down by £16,586 (3.1%) over the last year. During the same period, its estimated monthly rental value has increased by £140 (5.0%). The property's estimated gross yield is currently 6.3%.
Energy Efficiency
Flat 1, Shiraj Tower 201 has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Aug 2016.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 270 metres of Flat 1, Shiraj Tower 201 across the last 2 years.
Most recently, Flat 7, Tate Apartments 3, Sly Street, London, E1 2BE, a leasehold flat, sold at £575,000 on the 6th September 2024.
Read more about house prices in E1.
- Sold Sep 2024£575,000 | 2 Bed FlatTate Apartments 3, Sly StreetFlat 7, Tate Apartments 3, Sly Street, London, E1 2BE
- Sold May 2024£605,000 | 2 Bed FlatTate Apartments 3, Sly StreetFlat 8, Tate Apartments 3, Sly Street, London, E1 2BE
- Sold Nov 2018£349,999 | 2 Bed FlatShiraj Tower 201, Commercial RoadFlat 10, Shiraj Tower 201, Commercial Road, London, E1 2BT
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 1, Shiraj Tower 201 as the 359th largest and the 236th most expensive of the 1482 addresses on Commercial Road, London, E1.
Against the E1 postcode district average, it is £16k more expensive than the typical property.
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Schools Nearby
- 200mBigland Green Primary School
- 400mKobi Nazrul Primary School
- 400mSt Mary and St Michael Primary School
- 100mMulberry School for Girls
- 100mWapping High School
- 400mLondon Enterprise Academy
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Public Transport Nearby
Shadwell station is the nearest stop to Flat 1, Shiraj Tower 201 at 400 metres away.
- 400mShadwell
- 500mWhitechapel
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
