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In this area, apartments of this size normally have 2 bedrooms with a balcony.
Flat 3, Shiraj Tower 201 has an estimated sale value of £503,216 and an estimated rental value of £2,671 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.
Flat 3, Shiraj Tower 201 has no records in the the Land Registry and a single entry in the EPC database dated January 2024.
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.
In very good condition, we estimate Flat 3, Shiraj Tower 201 would be worth £528,376, with a potential rental value of £2,804 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £467,991, with a rental value of £2,484 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 3, Shiraj Tower 201 has fallen by £15,719 (3.1%) over the last year. During the same period, its estimated monthly rental value has moved up by £135 (5.0%). The property's estimated gross yield is currently 6.4%.
Flat 3, Shiraj Tower 201 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Jan 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 270 metres of Flat 3, Shiraj Tower 201 across the last 2 years.
Most recently, Flat 8, Tate Apartments 3, Sly Street, London, E1 2BE, a leasehold flat, sold at £605,000 on the 30th May 2024.
Read more about house prices in E1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 3, Shiraj Tower 201 as the 463rd largest and the 264th most expensive of the 1482 addresses on Commercial Road, London, E1.
Against the E1 postcode district average, it is £12k less expensive than the typical property.
Shadwell station is the nearest stop to Flat 3, Shiraj Tower 201 at 400 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 3, Shiraj Tower 201, % of property is and % is .
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 3, Shiraj Tower 201, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 3, Shiraj Tower 201, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 3, Shiraj Tower 201, there are an average of 0.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.