Flat 59 Iron Works, 58 Dace Road

    FLAT 59 IRON WORKS, 58, DACE ROAD, LONDON, E3 2NX

    This flat/maisonette leasehold property on Dace Road last sold in July 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 111 m² (1,195 sq ft), giving an estimated value of £5,341 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,195 sq ft

    111 m²

    Last Sale Price

    £450,000

    Jul 2014

    Estimated Valuation

    £592,900

    Est. £/sq ft

    £496/sq ft

    £5,341/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms4
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area1,195 sq ft (111 m²)
    EPC dateFeb 2014
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    21 Jul 2014

    £450,000

    24 Jun 2005

    New build

    £196,000

    Key Metrics

    Estimated valuation£592,900
    Value per sq ft / m²£496/sq ft (£5,341/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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