Flat 24 Island House Three Mill Lane

    FLAT 24 ISLAND HOUSE, THREE MILL LANE, LONDON, E3 3AF

    This flat/maisonette leasehold property on Three Mill Lane last sold in March 2013 for £352,500. Based on price growth in the E3 district since then, its estimated current value is £552,063 — placing it in the 83rd percentile nationally and the 73rd percentile within E3. The property covers 85 m² (915 sq ft), giving an estimated value of £6,495 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    915 sq ft

    85 m²

    Last Sale Price

    £352,500

    Mar 2013

    Estimated Valuation

    £552,063

    Est. £/sq ft

    £603/sq ft

    £6,495/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area915 sq ft (85 m²)
    EPC dateAug 2012
    WallsTimber frame, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    14 Mar 2013

    £352,500

    27 Sept 2004

    New build

    £249,950

    Key Metrics

    Estimated valuation£552,063
    Value per sq ft / m²£603/sq ft (£6,495/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    E3 district percentile73rd percentile
    National percentile83rd 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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