Commercial Street, Aldgate, London, E1
EA

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

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
650,000.00 £
Decreased by 4.52 %
from 680,754.00 £
Est sale value
796,526.75 £
Increased by 11.04 %
from 717,304.63 £
Average area rental value
2,512.00 £/mo
Increased by 3.16 %
from 2,435.00 £/mo
Est letting value
2,583.33 £/mo
Increased by 50.00 %
from 1,722.22 £/mo
Est rental Yield
4.64 %
Increased by 8.16 %
from 4.29 %
Crime Rate
12.00 %
Unchanged by 0.00 %
from 12.00 %

Agent Activity

  • EastHaus created the listing.

Nearby Schools

NameTypeOfstedDistance
The Complete WorksOther Independent SchoolGood0.24 KM
Christ Church Cofe SchoolVoluntary Aided SchoolGood0.33 KM
English Martyrs Roman Catholic Primary SchoolVoluntary Aided SchoolGood0.37 KM
David Game CollegeOther Independent SchoolOutstanding0.53 KM
The Aldgate SchoolVoluntary Aided SchoolOutstanding0.56 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Whitechapel High Street £ 000.00 KM
New Drum Street £ 000.00 KM
Gravel Lane £ 000.00 KM
Whitechurch Passage £ 000.00 KM
Manningtree Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Fenchurch Street7490FST0.82 KM
Shoreditch High Street1024SDC0.86 KM
Liverpool Street6965LST0.97 KM
Whitechapel4935ZLW1.50 KM
Bethnal Green Rail6961BET1.72 KM

Nearby Listings

AddressPriceTypeScoreDistance
Kensington Apartments, 11 Commercial Street, London, E1 £ 600,000BUY8 / 100.00 KM
Commercial Street, Aldgate, London, E1 £ 750,000BUYUnknown0.00 KM
Kensington Apartments, London, E1 £ 750,000BUY7 / 100.00 KM
Commercial Street, Aldgate, London, E1 £ 750,000BUY7 / 100.00 KM
Commercial Street, Aldgate, London, E1 £ 675,000BUY6 / 100.00 KM

Nearby Properties

AddressPriceDistance
57b Commercial Street £ 600,0000.23 KM
59a Commercial Street £ 230,0000.23 KM
39 Wentworth Street £ 215,0000.23 KM
33 Wentworth Street £ 250,0000.23 KM
59c Commercial Street £ 387,1250.24 KM