Flat 404, Iris House 12
Flat 404, Iris House 12
Description & Estimates
Public records show Flat 404, Iris House 12 to be a modern leasehold apartment with 548 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom with a balcony.
Flat 404, Iris House 12 has an estimated sale value of £417,991 and an estimated rental value of £2,384 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 404, Iris House 12 has a single entry in the Land Registry from March 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 404, Iris House 12 would be worth £438,891, with a potential rental value of £2,503 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £388,732, with a rental value of £2,217 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 404, Iris House 12 has decreased by £19,923 (4.8%) over the last year. During the same period, its estimated monthly rental value has grown by £98 (4.1%). The property's estimated gross yield is currently 6.8%.
Energy Efficiency
Flat 404, 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 404, Iris House 12 last changed hands on 12th March 2024, selling for £404,000. 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 4.5% since March 2024.
- Sold Mar 2024£404,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 330 metres of Flat 404, Iris House 12 across the last 2 years.
Most recently, Flat 704, Iris House 12, Hemlock Street, London, E14 0XY, a leasehold flat, sold at £417,050 on the 10th July 2024.
Read more about house prices in E14.
- Sold Jul 2024£417,050 | 1 Bed FlatIris House 12, Hemlock StreetFlat 704, Iris House 12, Hemlock Street, London, E14 0XY
- Sold Apr 2024£417,690 | 1 Bed FlatIris House 12, Hemlock StreetFlat 804, Iris House 12, Hemlock Street, London, E14 0XY
- Sold Mar 2024£409,925 | 1 Bed FlatIris House 12, Hemlock StreetFlat 604, 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 404, Iris House 12 as the 252nd largest and the 222nd most expensive of the 348 addresses on Hemlock Street, London, E14.
Against the E14 postcode district average, it is £57k 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 404, 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.
