Flat 16, Iron Works, 58 Dace Road, London, E3 2NX is a leasehold flat built in 2007 onwards. The property offers approximately 936 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £351,752 , which equates to approximately £376 per square foot. It was last sold on 31 Oct 2011 for £234,000. Since then, the value has increased by £117,752, representing a 50.3% increase, or approximately 3.6% per year.

The current estimated value of £351,752 is:

  • 35.9% lower than the average property price on Dace Road
  • 31.0% lower than the average in the E3 2NX postcode area
  • and 57.9% lower than the average price for London as a whole

At the most recent EPC inspection on 13 December 2008, the property was recorded as owner-occupied.

View sold house prices in E3 2NX

Building approximate location

About Property

Type
Flat
Built
2007 onwards
Interior Size
936 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£351,752
Price Per sq ft (estimate)
£376
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 16, Iron Works, 58 Dace Road, London, Tower Hamlets, Greater London Authority, E3 2NX has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 25 Feb 2020.

This property uses electric underfloor heating as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 23 Feb 2010, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 37.5%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from average thermal transmittance 0.35 w/m?k to system built, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 25% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Electric underfloor heating
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E3 2NX

24 th / 76
Price Rank
31% lower than average
47 th / 68
Size Rank
2% smaller than average
21 st / 68
Price Per Sq FT Rank
30% lower than average

Compared to other properties in E3 2NX , this flat's estimated value ranks 24th out of 76. Based on price per square foot, it ranks 21th out of 68 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 47th out of 68 properties in its postcode area.

Sale History

Today
£351,752
streetscan.co.uk estimate
+50 %
31 Oct 2011
£234,000
Leasehold
-14.9 %
31 May 2005
£275,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 883 sq ft
sale price: £600,000
sale date: 4 Jun 2024
rooms: 3
size: 926 sq ft
sale price: £534,000
sale date: 11 Jun 2021
rooms: 3
size: 936 sq ft
sale price: £450,000
sale date: 28 Oct 2019
rooms: 3
size: 997 sq ft
sale price: £570,000
sale date: 9 Aug 2019
rooms: 3
size: 861 sq ft
sale price: £580,000
sale date: 20 Aug 2018

Data Sources

The property at Flat 16, Iron Works, 58 Dace Road, London, E3 2NX appears two times in the Land Registry records, with the latest transaction recorded on 31 Oct 2011. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 25 Feb 2020. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.