Flat 3, Island House
Flat 3, Island House
Description & Estimates
Flat 3, Island House is recorded publicly as a modern leasehold apartment across 785 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 3, Island House is £499,145 and its rental estimate is £2,641 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 3, Island House has 21 entries in the Land Registry , most recently in September 2009 and a single entry in the EPC database dated October 2021.
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 3, Island House, we estimate a market value of £524,103 and a rental value of £2,773 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £464,205 and £2,456 per month respectively.
Recent Market Change
Over the last year, Flat 3, Island House has seen its estimated sale value decline by £16,104 (3.2%) and its estimated rental value climb by £116 per month (4.4%). This results in an estimated gross rental yield of 6.3%.
Energy Efficiency
Flat 3, Island House has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Oct 2021.
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 3, Island House completed on 22nd September 2009 at £320,000 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 25.4% over the period since September 2009.
- Sold Sep 2009£320,000
- Sold Aug 2004£250,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 3, 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 March 2026, was Flat 304, Staith Court 8, Nicholson Square, London, E3 3UE, a leasehold flat which sold for £490,000.
Read more about house prices in E3.
- Sold Mar 2026£490,000 | 3 Bed FlatStaith Court 8, Nicholson SquareFlat 304, Staith Court 8, Nicholson Square, London, E3 3UE
- Sold Mar 2025£480,000 | 3 Bed FlatStaith Court 8, Nicholson SquareFlat 104, Staith Court 8, Nicholson Square, London, E3 3UE
- Sold Sep 2024£510,000 | 3 Bed FlatIsland House, Three Mill LaneFlat 13, 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 3, Island House comes out as the 34th largest and the 54th most expensive in our analysis of the public data.
It is also £54k more 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 3, 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.
