Flat 48, Iron Works, 58 Dace Road, London, E3 2NX is a leasehold flat built between 2003-2006. The property offers approximately 1,001 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 £452,941 , which equates to approximately £452 per square foot. It was last sold on 6 Mar 2015 for £420,000. Since then, the value has increased by £32,941, representing a 7.8% increase, or approximately 0.7% per year.

The current estimated value of £452,941 is:

  • 17.5% lower than the average property price on Dace Road
  • 11.2% lower than the average in the E3 2NX postcode area
  • and 45.8% lower than the average price for London as a whole

At the most recent EPC inspection on 25 September 2024, 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
1001 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£452,941
Price Per sq ft (estimate)
£452
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 48, Iron Works, 58 Dace Road, London, Tower Hamlets, Greater London, E3 2NX has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 25 Sep 2024.

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 25 Jun 2014, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 3.7%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from average to very poor, while the heating system type remained the same (electric underfloor heating).
  • 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
Very Poor
Hot Water
Electric immersion, off-peak
Average
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

57 th / 76
Price Rank
11% lower than average
20 th / 68
Size Rank
5% bigger than average
54 th / 68
Price Per Sq FT Rank
15% lower than average

Compared to other properties in E3 2NX , this flat's estimated value ranks 57th out of 76. Based on price per square foot, it ranks 54th out of 68 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 20th out of 68 properties in its postcode area.

Sale History

Today
£452,941
streetscan.co.uk estimate
+8 %
6 Mar 2015
£420,000
Leasehold
+78.7 %
26 May 2005
£235,000
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 48, Iron Works, 58 Dace Road, London, E3 2NX appears two times in the Land Registry records, with the latest transaction recorded on 6 Mar 2015. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 25 Sep 2024. 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.