Flat 41, Iron Works, 58 Dace Road, London, E3 2NX is a leasehold flat built in 2007 onwards. The property offers approximately 861 square feet of living space and is situated on the 4th floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £522,612 , which equates to approximately £607 per square foot. It was last sold on 31 May 2005 for £275,000. Since then, the value has increased by £247,612, representing a 90.0% increase, or approximately 4.4% per year.

The current estimated value of £522,612 is:

  • 4.8% lower than the average property price on Dace Road
  • 2.5% higher than the average in the E3 2NX postcode area
  • and 37.5% 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
2007 onwards
Interior Size
861 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£522,612
Price Per sq ft (estimate)
£607
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 41, Iron Works, 58 Dace Road, London, Tower Hamlets, Greater London Authority, E3 2NX has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 9 Jul 2019.

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 E. Since then, the rating has improved to B, with the energy efficiency score increasing by 55.8%.

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 system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to poor.
  • The roof construction or insulation changed from average thermal transmittance 0.25 w/m?k to (another dwelling above), changing energy efficiency from good to n/a.
  • The wall construction or insulation changed from average thermal transmittance 0.35 w/m?k to solid brick, 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 87% of fixed outlets, with efficiency improving from average to very good.
Heating Type
Electric underfloor heating
Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Solid brick, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 87% of fixed outlets
Very Good

Compared to E3 2NX

23 rd / 76
Price Rank
2% higher than average
62 nd / 68
Size Rank
10% smaller than average
9 th / 68
Price Per Sq FT Rank
14% higher than average

Compared to other properties in E3 2NX , this flat's estimated value ranks 23th out of 76. Based on price per square foot, it ranks 9th 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 62th out of 68 properties in its postcode area.

Sale History

Today
£522,612
streetscan.co.uk estimate
+90 %
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: 861 sq ft
sale price: £580,000
sale date: 20 Aug 2018
rooms: 3
size: 786 sq ft
sale price: £520,000
sale date: 6 Jun 2018

Data Sources

The property at Flat 41, Iron Works, 58 Dace Road, London, Tower Hamlets, Greater London Authority, E3 2NX appears once in the Land Registry records, with the transaction recorded on 31 May 2005. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 9 Jul 2019. 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.