Flat 7 Island House Three Mill Lane

    FLAT 7 ISLAND HOUSE, THREE MILL LANE, LONDON, E3 3AF

    This flat/maisonette leasehold property on Three Mill Lane last sold in September 2015 for £565,000. Based on price growth in the E3 district since then, its estimated current value is £674,990 — placing it in the 89th percentile nationally and the 86th percentile within E3. The property covers 115 m² (1,238 sq ft), giving an estimated value of £5,869 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,238 sq ft

    115 m²

    Last Sale Price

    £565,000

    Sept 2015

    Estimated Valuation

    £674,990

    Est. £/sq ft

    £545/sq ft

    £5,869/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area1,238 sq ft (115 m²)
    EPC dateJun 2014
    WallsSystem built, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    7 Sept 2015

    £565,000

    10 Dec 2007

    £460,000

    1 Mar 2005

    New build

    £295,000

    Key Metrics

    Estimated valuation£674,990
    Value per sq ft / m²£545/sq ft (£5,869/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    E3 district percentile86th percentile
    National percentile89th 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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