Flat 59, Iron Works, 58 Dace Road, London, E3 2NX is a leasehold flat built between 2003-2006. The property offers approximately 1,044 square feet of living space and is situated on the 5th floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £517,528 , which equates to approximately £496 per square foot. It was last sold on 21 Jul 2014 for £450,000. Since then, the value has increased by £67,528, representing a 15.0% increase, or approximately 1.3% per year.

The current estimated value of £517,528 is:

  • 5.8% lower than the average property price on Dace Road
  • 1.5% higher than the average in the E3 2NX postcode area
  • and 38.1% lower than the average price for London as a whole

At the most recent EPC inspection on 3 January 2024, the property was recorded as rented.

View sold house prices in E3 2NX

Building approximate location

About Property

Type
Terraced Maisonette
Built
2003-2006
Interior Size
1044 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£517,528
Price Per sq ft (estimate)
£496
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 59, Iron Works, 58 Dace Road, London, Tower Hamlets, Greater London, E3 2NX has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 3 Jan 2024.

This property uses electric room heaters 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 18 Feb 2014, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 13.5%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from average to very poor.
  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to timber frame, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 63% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Roof
Pitched, insulated (assumed)
Good
Walls
Timber frame, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E3 2NX

31 st / 76
Price Rank
1% higher than average
16 th / 68
Size Rank
9% bigger than average
44 th / 68
Price Per Sq FT Rank
7% lower than average

Compared to other properties in E3 2NX , this maisonette's estimated value ranks 31th out of 76. Based on price per square foot, it ranks 44th out of 68 properties. In terms of size, this home ranks 16th out of 68 properties in its postcode area.

Sale History

Today
£517,528
streetscan.co.uk estimate
+15 %
21 Jul 2014
£450,000
Leasehold
+129.6 %
24 Jun 2005
£196,000
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 62, Iron Works, 58 Dace Road, London, E3 2NX
rooms: 3
size: 1087 sq ft
sale price: £460,000
sale date: 9 Jan 2019
Flat 33, Iron Works, 58 Dace Road, London, E3 2NX
rooms: 3
size: 1130 sq ft
sale price: £457,500
sale date: 25 Jul 2017

Data Sources

The property at Flat 59, Iron Works, 58 Dace Road, London, E3 2NX appears two times in the Land Registry records, with the latest transaction recorded on 21 Jul 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 3 Jan 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.
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