Flat 41, Island House
Flat 41, Island House
Description & Estimates
According to the public record, Flat 41, Island House is a modern apartment with 710 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 41, Island House is £465,644 and the estimated rental value is £2,461 per month.
The apartment is within Island House, Three Mill Lane, London, E3.
Three Mill Lane, London, E3 is located in the borough of Newham within the E3 postal district.
Our Data Sources
Flat 41, Island House has no recent1 records in the the Land Registry and a single entry in the EPC database dated November 2017.
We combine this information with public data 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
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 41, Island House is in very good condition we estimate a sale value of £488,926 and a rental value of £2,584 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £433,048 and a rental value of £2,289 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 41, Island House has declined by £15,023 (3.2%), while its estimated rental value has climbed by £108 per month (4.4%). Based on current estimates, the property offers a gross rental yield of 6.3%.
Energy Efficiency
Flat 41, Island House has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Nov 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
According to HM Land Registry, Flat 41, Island House was last sold on 10th September 2004 for £250,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
- Sold Sep 2004£250,000
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 41, Island House within a radius of 390 metres over the last 2 years.
The most recent example is Flat 46, Island House, Three Mill Lane, London, E3 3AF, a leasehold flat which sold for £566,000 on the 20th November 2023.
Read more about house prices in E3.
- Sold Nov 2023£566,000 | 2 Bed FlatIsland House, Three Mill LaneFlat 46, Island House, Three Mill Lane, London, E3 3AF
- Sold Oct 2016£400,000 | 2 Bed FlatIsland House, Three Mill LaneFlat 5, Island House, Three Mill Lane, London, E3 3AF
- Sold Apr 2016£355,000 | 2 Bed FlatIsland House, Three Mill LaneFlat 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
Three Mill Lane, London, E3 has a total of 71 addresses. According to our analysis of all the public data, Flat 41, Island House is the 62nd largest and the 60th most expensive property on the street.
When compared to the postcode district it is £20k more expensive than the average property in E3.
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
The closest station to Flat 41, Island House is Bromley-by-Bow station, which is 400 metres away.
- 400mBromley-by-Bow
- 800mPudding Mill Lane
- 800mDevons Road
Available Internet Speeds
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be medium.
