Flat 70, Iron Works, 58 Dace Road, London, E3 2NX is a leasehold flat built between 2007-2011. The property offers approximately 1,421 square feet of living space and is situated on the 8th floor. In this location, apartments of similar size usually have five bedrooms.

The estimated current market value of the property is £750,661 , which equates to approximately £528 per square foot. It was last sold on 31 May 2005 for £395,000. Since then, the value has increased by £355,661, representing a 90.0% increase, or approximately 4.4% per year.

The current estimated value of £750,661 is:

  • 36.7% higher than the average property price on Dace Road
  • 47.2% higher than the average in the E3 2NX postcode area
  • and 10.2% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 16 March 2022, the property was recorded as rented.

View sold house prices in E3 2NX

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
1421 sq ft
Tenure
Leasehold
Floor level
8th floor
Price (estimate)
£750,661
Price Per sq ft (estimate)
£528
Bedroom Count (estimate)
5 bedrooms

EPC Summary

Flat 70, 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 16 Mar 2022.

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 24 Feb 2010, when the property was rated E. Since then, the rating has improved to C, with the energy efficiency score increasing by 34.6%.

Since the previous assessment, several changes were observed:

  • The heating system changed from electric underfloor heating to room heaters, electric, with no change in energy efficiency (very poor).
  • 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 (another dwelling above) to flat, insulated (assumed), improving energy efficiency from n/a to good.
  • The wall construction or insulation changed from average thermal transmittance 0.35 w/m?k to system built, 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 all fixed outlets, with efficiency improving from average to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Roof
Flat, insulated (assumed)
Good
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

1 st / 76
Price Rank
47% higher than average
3 rd / 68
Size Rank
49% bigger than average
32 nd / 68
Price Per Sq FT Rank
1% lower than average

Compared to other properties in E3 2NX , this flat's estimated value ranks 1st out of 76. Based on price per square foot, it ranks 32th out of 68 properties. In terms of size, this home ranks 3rd out of 68 properties in its postcode area.

Sale History

Today
£750,661
streetscan.co.uk estimate
+90 %
31 May 2005
£395,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 1281 sq ft
sale price: £600,000
sale date: 21 Nov 2024
rooms: 3
size: 1518 sq ft
sale price: £390,000
sale date: 6 Feb 2015
rooms: 3
size: 1249 sq ft
sale price: £292,500
sale date: 14 Sep 2005
rooms: 4
size: 1249 sq ft
sale price: £292,500
sale date: 14 Sep 2005
rooms: 3
size: 1216 sq ft
sale price: £240,000
sale date: 24 Jun 2005

Data Sources

The property at Flat 70, Iron Works, 58 Dace Road, London, Tower Hamlets, Greater London, 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 16 Mar 2022. 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.


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