Flat 9, Iron Works, 58 Dace Road, London, E3 2NX is a leasehold flat built between 2003-2006. The property offers approximately 926 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £390,377 , which equates to approximately £422 per square foot. It was last sold on 8 Jun 2005 for £205,000. Since then, the value has increased by £185,377, representing a 90.4% increase, or approximately 4.4% per year.

The current estimated value of £390,377 is:

  • 28.9% lower than the average property price on Dace Road
  • 23.5% lower than the average in the E3 2NX postcode area
  • and 53.3% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 23 March 2019, 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
926 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£390,377
Price Per sq ft (estimate)
£422
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 9, Iron Works, 58 Dace Road, London, Tower Hamlets, Greater London Authority, E3 2NX has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 23 Mar 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 2 Nov 2009. The rating of C is unchanged, though the energy efficiency score decreased by 5.3%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric underfloor heating).
  • 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 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
Poor
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

68 th / 76
Price Rank
23% lower than average
51 st / 68
Size Rank
3% smaller than average
60 th / 68
Price Per Sq FT Rank
21% lower than average

Compared to other properties in E3 2NX , this flat's estimated value ranks 68th out of 76. Based on price per square foot, it ranks 60th 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 51th out of 68 properties in its postcode area.

Sale History

Today
£390,377
streetscan.co.uk estimate
+90 %
8 Jun 2005
£205,000
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: 861 sq ft
sale price: £580,000
sale date: 20 Aug 2018

Data Sources

The property at Flat 9, 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 8 Jun 2005. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 23 Mar 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.