Flat 16, 598
Flat 16, 598
Description & Estimates
The public record describes Flat 16, 598, Commercial Road as a modern apartment with 1,603 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms with a balcony.
Flat 16, 598, Commercial Road has an estimated sale value of £690,797 and an estimated rental value of £3,970 per month, assuming reasonable condition and based on the information available.
The apartment sits within 598, Commercial Road, London, E14.
Commercial Road, London, E14 lies in the borough of Tower Hamlets, within the E14 postal district.
Our Data Sources
Flat 16, 598, Commercial Road has no records in the the Land Registry and a single entry in the EPC database dated October 2012.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate Flat 16, 598, Commercial Road would be worth £725,337, with a potential rental value of £4,169 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £642,441, with a rental value of £3,692 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 16, 598, Commercial Road has decreased by £28,241 (4.1%) over the last year. During the same period, its estimated monthly rental value has grown by £206 (5.2%). The property's estimated gross yield is currently 6.9%.
Energy Efficiency
Flat 16, 598, Commercial Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Oct 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 270 metres of Flat 16, 598, Commercial Road across the last 2 years.
Most recently, 16, Goodhart Place, London, E14 8EG, a leasehold flat, sold at £770,000 on the 30th June 2021.
Read more about house prices in E14.
•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 16, 598, Commercial Road as the 12th largest and the 18th most expensive of the 473 addresses on Commercial Road, London, E14.
Against the E14 postcode district average, it is £216k more expensive than the typical property.
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Schools Nearby
- 300mSir William Burrough Primary School
- 400mCayley Primary School
- 400mStepney Greencoat Church of England Primary School
- 600mStepney All Saints Church of England Secondary School
- 700mMulberry Stepney Green Mathematics and Computing College
- 900mBishop Challoner Catholic School
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Public Transport Nearby
Limehouse station is the nearest stop to Flat 16, 598, Commercial Road at 100 metres away.
- 100mLimehouse
- 900mWestferry
- 1.2kmStepney Green
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
