Flat 22, Island House
Flat 22, Island House
Description & Estimates
Flat 22, Island House is recorded publicly as a modern leasehold apartment across 645 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 22, Island House is £435,894 and its rental estimate is £2,301 per month, given the available information and assuming reasonable condition.
Island House, Three Mill Lane is a residential building on Three Mill Lane, London, E3 and falls within the E3 postal district and the London Borough of Newham.
Our Data Sources
Flat 22, Island House has 21 entries in the Land Registry , most recently in January 2010 and a single entry in the EPC database dated June 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 22, Island House, we estimate a market value of £457,689 and a rental value of £2,416 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £405,382 and £2,140 per month respectively.
Recent Market Change
Over the last year, Flat 22, Island House has seen its estimated sale value drop by £14,063 (3.2%) and its estimated rental value rise by £101 per month (4.4%). This results in an estimated gross rental yield of 6.3%.
Energy Efficiency
Flat 22, Island House has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Jun 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of Flat 22, Island House completed on 11th January 2010 at £305,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 23.9% over the period since January 2010.
- Sold Jan 2010£305,000
- Sold Sep 2004£250,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 22, Island House have sold within a radius of 390 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th November 2023, was Flat 46, Island House, Three Mill Lane, London, E3 3AF, a leasehold flat which sold for £566,000.
Read more about house prices in E3.
- Sold Nov 2023£566,000 | 2 Bed FlatFlat 46, Island House, Three Mill Lane, London, E3 3AFFlat 46, Island House, Three Mill Lane, London, E3 3AF
- Sold Oct 2016£400,000 | 2 Bed FlatFlat 5, Island House, Three Mill Lane, London, E3 3AFFlat 5, Island House, Three Mill Lane, London, E3 3AF
- Sold Apr 2016£355,000 | 2 Bed FlatFlat 26, Island House, Three Mill Lane, London, E3 3AFFlat 26, Island House, Three Mill Lane, London, E3 3AF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 71 addresses on Three Mill Lane, London, E3, Flat 22, Island House comes out as the 68th largest and the 68th most expensive in our analysis of the public data.
It is also £9k less expensive than the average property across the E3 district.
More reading links
Schools Nearby
- 400mOld Palace Primary School
- 400mSchool 360
- 600mMarner Primary School
- 100mHarris Science Academy East London
- 500mBow School
- 1.4kmCentral Foundation Girls' School
More reading links
Public Transport Nearby
From Flat 22, Island House, the nearest station is Bromley-by-Bow, 400 metres away.
- 400mBromley-by-Bow
- 800mPudding Mill Lane
- 800mDevons Road
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated medium, based on Environment Agency data.
