Flat 4 Iron Works, 58 Dace Road

    FLAT 4 IRON WORKS, 58, DACE ROAD, LONDON, E3 2NX

    This flat/maisonette leasehold property on Dace Road last sold in February 2014 for £450,000. Based on price growth in the E3 district since then, its estimated current value is £592,900 — placing it in the 85th percentile nationally and the 80th percentile within E3. The property covers 92 m² (990 sq ft), giving an estimated value of £6,445 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    990 sq ft

    92 m²

    Last Sale Price

    £450,000

    Feb 2014

    Estimated Valuation

    £592,900

    Est. £/sq ft

    £599/sq ft

    £6,445/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area990 sq ft (92 m²)
    EPC dateOct 2013
    WallsSystem built, as built, insulated (assumed)
    HeatingElectric underfloor heating

    Transaction History

    17 Feb 2014

    £450,000

    29 Jul 2011

    £210,000

    31 May 2005

    New build

    £275,000

    Key Metrics

    Estimated valuation£592,900
    Value per sq ft / m²£599/sq ft (£6,445/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    E3 district percentile80th percentile
    National percentile85th percentile

    District Context — E3

    E3 covers parts of East London, sitting within the inner-city E postcode area. It is a densely populated, diverse neighbourhood with a strong rental market and a young, professional demographic.

    Average Property Price - E3

    £515,474

    82

    National percentile

    Average Net Household Income - E3

    £51,566

    91

    National percentile

    10-Year Annualised Price Growth - E3

    2.2%

    12

    National percentile

    10-Year Annualised Rent Growth - E

    3.3%

    19

    National percentile

    View full analysis for E3

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