Flat 51, Iron Works, 58 Dace Road, London, E3 2NX is a leasehold flat built between 2003-2006. The property offers approximately 883 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 £572,449 , which equates to approximately £649 per square foot. It was last sold on 4 Jun 2024 for £600,000. Since then, the value has decreased by £27,551, representing a 4.6% decrease, or approximately 3.0% per year.

The current estimated value of £572,449 is:

  • 4.2% higher than the average property price on Dace Road
  • 12.2% higher than the average in the E3 2NX postcode area
  • and 31.5% lower than the average price for London as a whole

At the most recent EPC inspection on 6 December 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
883 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£572,449
Price Per sq ft (estimate)
£649
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 51, 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 6 Dec 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 16 Apr 2010, when the property was rated D. Since then, the rating has improved to B, with the energy efficiency score increasing by 38.3%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from very poor to average, 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 average.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to system built, as built, insulated (assumed), with no change in energy efficiency (good).
  • 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
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

7 th / 76
Price Rank
12% higher than average
59 th / 68
Size Rank
8% smaller than average
4 th / 68
Price Per Sq FT Rank
21% higher than average

Compared to other properties in E3 2NX , this flat's estimated value ranks 7th out of 76. Based on price per square foot, it ranks 4th 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 59th out of 68 properties in its postcode area.

Sale History

Today
£572,449
streetscan.co.uk estimate
-5 %
4 Jun 2024
£600,000
Leasehold
+86 %
11 Dec 2012
£322,500
Leasehold
+13.2 %
25 Apr 2012
£285,000
Leasehold
+30.4 %
11 Aug 2010
£218,500
Leasehold
-20.4 %
14 Sep 2005
£274,500
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 52, Iron Works, 58 Dace Road, London, E3 2NX
rooms: 3
size: 926 sq ft
sale price: £534,000
sale date: 11 Jun 2021
Flat 39, Iron Works, 58 Dace Road, London, E3 2NX
rooms: 3
size: 936 sq ft
sale price: £450,000
sale date: 28 Oct 2019
Flat 78, Iron Works, 58 Dace Road, London, E3 2NX
rooms: 3
size: 997 sq ft
sale price: £570,000
sale date: 9 Aug 2019
Flat 66, Iron Works, 58 Dace Road, London, E3 2NX
rooms: 3
size: 861 sq ft
sale price: £580,000
sale date: 20 Aug 2018
Flat 75, Iron Works, 58 Dace Road, London, E3 2NX
rooms: 3
size: 786 sq ft
sale price: £520,000
sale date: 6 Jun 2018

Data Sources

The property at Flat 51, Iron Works, 58 Dace Road, London, E3 2NX appears five times in the Land Registry records, with the latest transaction recorded on 4 Jun 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 6 Dec 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.
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