Flat 401, Iris House 12
Flat 401, Iris House 12
Description & Estimates
According to the public record, Flat 401, Iris House 12 is a modern leasehold apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 401, Iris House 12 is £407,415 and the estimated rental value is £2,330 per month.
The apartment is within Iris House, Hemlock Street, London, E14.
Hemlock Street, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Our Data Sources
Flat 401, Iris House 12 has a single entry in the Land Registry from April 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
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 401, Iris House 12 is in very good condition we estimate a sale value of £427,786 and a rental value of £2,447 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £378,896 and a rental value of £2,167 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 401, Iris House 12 has decreased by £19,419 (4.8%), while its estimated rental value has grown by £96 per month (4.1%). Based on current estimates, the property offers a gross rental yield of 6.9%.
Energy Efficiency
Flat 401, 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
According to HM Land Registry, Flat 401, Iris House 12 was last sold on 5th April 2024 for £455,050 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since April 2024, the market for similar properties has dropped by 4.6%.
- Sold Apr 2024£455,050
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 401, Iris House 12 within a radius of 330 metres over the last 2 years.
The most recent example is Flat 701, Iris House 12, Hemlock Street, London, E14 0XY, a leasehold flat which sold for £441,750 on the 6th September 2024.
Read more about house prices in E14.
- Sold Sep 2024£441,750 | 1 Bed FlatIris House 12, Hemlock StreetFlat 701, Iris House 12, Hemlock Street, London, E14 0XY
- Sold Jul 2024£413,250 | 1 Bed FlatIris House 12, Hemlock StreetFlat 301, Iris House 12, Hemlock Street, London, E14 0XY
- Sold Jun 2024£420,850 | 1 Bed FlatIris House 12, Hemlock StreetFlat 601, Iris House 12, Hemlock Street, London, E14 0XY
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Hemlock Street, London, E14 has a total of 348 addresses. According to our analysis of all the public data, Flat 401, Iris House 12 is the 290th largest and the 238th most expensive property on the street.
When compared to the postcode district it is £68k less expensive than the average property in E14.
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
The closest station to Flat 401, Iris House 12 is East India station, which is 700 metres away.
- 700mEast India
- 800mLangdon Park
- 800mCanning Town
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
