Flat 308, Iris House 12
Flat 308, Iris House 12
Description & Estimates
Public records show Flat 308, Iris House 12 to be a modern leasehold apartment with 430 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom with a balcony.
Flat 308, Iris House 12 has an estimated sale value of £357,816 and an estimated rental value of £2,074 per month, assuming reasonable condition and based on the information available.
The apartment sits within Iris House, Hemlock Street, London, E14.
Hemlock Street, London, E14 lies in the borough of Tower Hamlets, within the E14 postal district.
Our Data Sources
Flat 308, Iris House 12 has a single entry in the Land Registry from November 2024 and a single entry in the EPC database dated August 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate Flat 308, Iris House 12 would be worth £375,707, with a potential rental value of £2,178 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £332,769, with a rental value of £1,929 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 308, Iris House 12 has decreased by £17,055 (4.8%) over the last year. During the same period, its estimated monthly rental value has grown by £86 (4.1%). The property's estimated gross yield is currently 7.0%.
Energy Efficiency
Flat 308, Iris House 12 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Aug 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Sold Prices
Flat 308, Iris House 12 last changed hands on 12th November 2024, selling for £395,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 3.9% since November 2024.
- Sold Nov 2024£395,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 330 metres of Flat 308, Iris House 12 across the last 2 years.
Most recently, Flat 805, Iris House 12, Hemlock Street, London, E14 0XY, a leasehold flat, sold at £367,010 on the 18th September 2024.
Read more about house prices in E14.
- Sold Sep 2024£367,010 | 1 Bed FlatIris House 12, Hemlock StreetFlat 805, Iris House 12, Hemlock Street, London, E14 0XY
- Sold May 2024£364,560 | 1 Bed FlatIris House 12, Hemlock StreetFlat 705, Iris House 12, Hemlock Street, London, E14 0XY
- Sold May 2024£358,415 | 1 Bed FlatIris House 12, Hemlock StreetFlat 605, Iris House 12, Hemlock Street, London, E14 0XY
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 308, Iris House 12 as the 343rd largest and the 282nd most expensive of the 348 addresses on Hemlock Street, London, E14.
Against the E14 postcode district average, it is £117k less expensive than the typical property.
More reading links
Schools Nearby
- 300mCulloden Primary - A Paradigm Academy
- 700mWoolmore Primary School
- 800mManorfield Primary School
- 600mLangdon Park Community School
- 1.0kmBow School
- 1.2kmEastlea Community School
More reading links
Public Transport Nearby
East India station is the nearest stop to Flat 308, Iris House 12 at 700 metres away.
- 700mEast India
- 800mLangdon Park
- 800mCanning Town
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
