Flat 4, Iron Works, 58 Dace Road, London, E3 2NX is a leasehold flat built between 2003-2006. The property offers approximately 893 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 £545,013 , which equates to approximately £610 per square foot. It was last sold on 17 Feb 2014 for £450,000. Since then, the value has increased by £95,013, representing a 21.1% increase, or approximately 1.8% per year.

The current estimated value of £545,013 is:

  • 0.7% lower than the average property price on Dace Road
  • 6.8% higher than the average in the E3 2NX postcode area
  • and 34.8% 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 28 November 2023, 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
893 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£545,013
Price Per sq ft (estimate)
£610
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 4, Iron Works, 58 Dace Road, London, Tower Hamlets, Greater London, E3 2NX has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 28 Nov 2023.

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 24 Oct 2013, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 9%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric underfloor heating).
  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Electric underfloor heating
Average
Hot Water
Electric immersion, off-peak
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

17 th / 76
Price Rank
7% higher than average
57 th / 68
Size Rank
6% smaller than average
8 th / 68
Price Per Sq FT Rank
14% higher than average

Compared to other properties in E3 2NX , this flat's estimated value ranks 17th out of 76. Based on price per square foot, it ranks 8th 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 57th out of 68 properties in its postcode area.

Sale History

Today
£545,013
streetscan.co.uk estimate
+21 %
17 Feb 2014
£450,000
Leasehold
+114.3 %
29 Jul 2011
£210,000
Leasehold
-23.6 %
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 4, Iron Works, 58 Dace Road, London, E3 2NX appears three times in the Land Registry records, with the latest transaction recorded on 17 Feb 2014. It also has four Energy Performance Certificates (EPC) entries, the earliest dating back to 28 Nov 2023. 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.