Flat 29, Iron Works, 58 Dace Road, London, E3 2NX is a leasehold flat built between 1983-1990. The property offers approximately 969 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £350,060 , which equates to approximately £361 per square foot. It was last sold on 1 Dec 2011 for £232,500. Since then, the value has increased by £117,560, representing a 50.6% increase, or approximately 3.6% per year.

The current estimated value of £350,060 is:

  • 36.3% lower than the average property price on Dace Road
  • 31.4% lower than the average in the E3 2NX postcode area
  • and 58.1% lower than the average price for London as a whole

View sold house prices in E3 2NX

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
969 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£350,060
Price Per sq ft (estimate)
£361
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 29, 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 20 Jul 2020.

This property uses electric underfloor heating as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 4 Jul 2010, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 34.5%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to average.
  • The wall construction or insulation changed from average thermal transmittance 0.35 w/m?k to cavity wall, 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, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E3 2NX

25 th / 76
Price Rank
31% lower than average
27 th / 68
Size Rank
1% bigger than average
27 th / 68
Price Per Sq FT Rank
32% lower than average

Compared to other properties in E3 2NX , this flat's estimated value ranks 25th out of 76. Based on price per square foot, it ranks 27th out of 68 properties. In terms of size, this home ranks 27th out of 68 properties in its postcode area.

Sale History

Today
£350,060
streetscan.co.uk estimate
+51 %
1 Dec 2011
£232,500
Leasehold
-15.5 %
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: 1087 sq ft
sale price: £460,000
sale date: 9 Jan 2019

Data Sources

The property at Flat 29, Iron Works, 58 Dace Road, London, E3 2NX appears two times in the Land Registry records, with the latest transaction recorded on 1 Dec 2011. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 20 Jul 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.