Flat 3, Iron Works, 58 Dace Road, London, E3 2NX is a leasehold flat built between 2003-2006. The property offers approximately 990 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £499,618 , which equates to approximately £505 per square foot. It was last sold on 1 Jul 2013 for £350,000. Since then, the value has increased by £149,618, representing a 42.7% increase, or approximately 3.4% per year.

The current estimated value of £499,618 is:

  • 9.0% lower than the average property price on Dace Road
  • 2.1% lower than the average in the E3 2NX postcode area
  • and 40.2% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 3 September 2012, the property was recorded as owner-occupied.

View sold house prices in E3 2NX

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
990 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£499,618
Price Per sq ft (estimate)
£505
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 3, 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 3 Sep 2012.

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 13 Dec 2008, when the property was rated E. Since then, the rating has improved to C, with the energy efficiency score increasing by 46%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from very poor to poor, while the heating system type remained the same (electric underfloor heating).
  • The hot water energy efficiency improving from poor to average, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from system built, with internal insulation to system built, as built, insulated (assumed), changing energy efficiency from very good to good.
Heating Type
Electric underfloor heating
Poor
Hot Water
Electric immersion, off-peak
Average
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
No low energy lighting
Very Poor

Compared to E3 2NX

26 th / 76
Price Rank
2% lower than average
22 nd / 68
Size Rank
4% bigger than average
33 rd / 68
Price Per Sq FT Rank
6% lower than average

Compared to other properties in E3 2NX , this flat's estimated value ranks 26th out of 76. Based on price per square foot, it ranks 33th out of 68 properties. In terms of size, this home ranks 22th out of 68 properties in its postcode area.

Sale History

Today
£499,618
streetscan.co.uk estimate
+43 %
1 Jul 2013
£350,000
Leasehold
+75 %
21 Sep 2011
£200,000
Leasehold
-27.3 %
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 3, Iron Works, 58 Dace Road, London, E3 2NX appears three times in the Land Registry records, with the latest transaction recorded on 1 Jul 2013. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 3 Sep 2012. 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.