Commercial Street, Aldgate, London, E1
By EastHaus
£ 750,000
Reviews
3 out of 5 stars
EastHaus says ..
Offered on an extra-long lease of circa 985 years, this well-proportioned apartment features a private south-facing balcony and bright open-plan living. Residents enjoy the use of a communal terrace, lift access and secure entry. Perfectly positioned between Spitalfields and Shoreditch, the locat...
Property Oracle says ..
The property is a 2 bedroom, 1 bathroom apartment located on Commercial Street in the Spitalfields & Banglatown area of London. It is a modern apartment with 861.11 sqft of living space and benefits from a balcony and access to a communal gym and roof terrace. The location is excellent, with several highly-rated schools within a short distance, including The Aldgate School and David Game College, both rated as Outstanding by Ofsted. The area is well-served by public transport, with several stations within a kilometre, including Fenchurch Street, Shoreditch High Street and Liverpool Street stations. This provides easy access to the City of London and beyond. The proximity to Spitalfields Market and Brick Lane adds to the appeal, offering a vibrant and diverse cultural scene. Based on the photographs, the apartment appears to be in excellent condition. It is modern, well-maintained, and benefits from contemporary fixtures and fittings. There is no evidence of any significant repairs or renovations being required. The property does not have a private garden, but it does offer a private balcony and access to communal outdoor space in the form of a roof terrace. This provides some outdoor amenity. Considering the property’s modern condition, excellent location, and access to communal amenities, the list price of £750,000 appears to be in line with, or potentially slightly above, the average price per square foot for the area. While the average price for a property in the area is £629,978 and the average price per square foot is £853, this property is larger than average at 861.11 sqft. Comparable nearby apartments are listed at or above the asking price, further supporting the valuation. However, the lack of plot size data for several comparable properties makes a precise price comparison difficult.
Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 8
- Condition
- 10
- Location
- 10
- Land
- 3
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 861.11
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Metrics Year-on-Year
- Average area value
- 650,000.00 £Decreased by 4.52 %
- Est sale value
- 796,526.75 £Increased by 11.04 %
- Average area rental value
- 2,512.00 £/moIncreased by 3.16 %
- Est letting value
- 2,583.33 £/moIncreased by 50.00 %
- Est rental Yield
- 4.64 %Increased by 8.16 %
- Crime Rate
- 12.00 %Unchanged by 0.00 %
Agent Activity
EastHaus created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| The Complete Works | Other Independent School | Good | 0.24 KM |
| Christ Church Cofe School | Voluntary Aided School | Good | 0.33 KM |
| English Martyrs Roman Catholic Primary School | Voluntary Aided School | Good | 0.37 KM |
| David Game College | Other Independent School | Outstanding | 0.53 KM |
| The Aldgate School | Voluntary Aided School | Outstanding | 0.56 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Whitechapel High Street | £ 0 | 0 | 0.00 KM |
| New Drum Street | £ 0 | 0 | 0.00 KM |
| Gravel Lane | £ 0 | 0 | 0.00 KM |
| Whitechurch Passage | £ 0 | 0 | 0.00 KM |
| Manningtree Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Fenchurch Street | 7490 | FST | 0.82 KM |
| Shoreditch High Street | 1024 | SDC | 0.86 KM |
| Liverpool Street | 6965 | LST | 0.97 KM |
| Whitechapel | 4935 | ZLW | 1.50 KM |
| Bethnal Green Rail | 6961 | BET | 1.72 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Kensington Apartments, 11 Commercial Street, London, E1 | £ 600,000 | BUY | 8 / 10 | 0.00 KM |
| Commercial Street, Aldgate, London, E1 | £ 750,000 | BUY | Unknown | 0.00 KM |
| Kensington Apartments, London, E1 | £ 750,000 | BUY | 7 / 10 | 0.00 KM |
| Commercial Street, Aldgate, London, E1 | £ 750,000 | BUY | 7 / 10 | 0.00 KM |
| Commercial Street, Aldgate, London, E1 | £ 675,000 | BUY | 6 / 10 | 0.00 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 57b Commercial Street | £ 600,000 | 0.23 KM |
| 59a Commercial Street | £ 230,000 | 0.23 KM |
| 39 Wentworth Street | £ 215,000 | 0.23 KM |
| 33 Wentworth Street | £ 250,000 | 0.23 KM |
| 59c Commercial Street | £ 387,125 | 0.24 KM |