Flat 8, Shiraj Tower 201
Flat 8, Shiraj Tower 201
Description & Estimates
Flat 8, Shiraj Tower 201 is described in the public record as a mid-century apartment with 710 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 8, Shiraj Tower 201 is £536,435 and its rental estimate is £2,805 per month, given the available information and assuming reasonable condition.
Shiraj Tower, Commercial Road is a residential building on Commercial Road, London, E1 and falls within the E1 postal district and the London Borough of Tower Hamlets.
Our Data Sources
Flat 8, Shiraj Tower 201 has no records in the the Land Registry and a single entry in the EPC database dated September 2023.
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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 8, Shiraj Tower 201, we estimate a market value of £563,257 and a rental value of £2,945 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £498,885 and £2,609 per month respectively.
Recent Market Change
Over the last year, Flat 8, Shiraj Tower 201 has seen its estimated sale value decline by £16,757 (3.1%) and its estimated rental value climb by £141 per month (5.0%). This results in an estimated gross rental yield of 6.3%.
Energy Efficiency
Flat 8, Shiraj Tower 201 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Sep 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 8, Shiraj Tower 201 have sold within a radius of 270 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th September 2024, was Flat 7, Tate Apartments 3, Sly Street, London, E1 2BE, a leasehold flat which sold for £575,000.
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 Jul 2024£500,000 | 2 Bed Flat54, Cavell StreetFlat 2, 54, Cavell Street, London, E1 2HP
- Sold May 2024£605,000 | 2 Bed FlatTate Apartments 3, Sly StreetFlat 8, Tate Apartments 3, Sly Street, London, E1 2BE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 1482 addresses on Commercial Road, London, E1, Flat 8, Shiraj Tower 201 comes out as the 337th largest and the 229th most expensive in our analysis of the public data.
It is also £21k more expensive than the average property across the E1 district.
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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
From Flat 8, Shiraj Tower 201, the nearest station is Shadwell, 400 metres away.
- 400mShadwell
- 500mWhitechapel
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
