Flat 46, Island House
Flat 46, Island House
Description & Estimates
Public records show Flat 46, Island House to be a modern leasehold apartment with 624 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a balcony.
Flat 46, Island House has an estimated sale value of £425,750 and an estimated rental value of £2,247 per month, assuming reasonable condition and based on the information available.
The apartment sits within Island House, Three Mill Lane, London, E3.
Three Mill Lane, London, E3 lies in the borough of Newham, within the E3 postal district.
Our Data Sources
Flat 46, Island House has 41 entries in the Land Registry , most recently in November 2023 and a single entry in the EPC database dated June 2023.
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
In very good condition, we estimate Flat 46, Island House would be worth £447,038, with a potential rental value of £2,359 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £395,948, with a rental value of £2,089 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 46, Island House has decreased by £13,736 (3.2%) over the last year. During the same period, its estimated monthly rental value has grown by £99 (4.4%). The property's estimated gross yield is currently 6.3%.
Energy Efficiency
Flat 46, Island House has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Jun 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
Flat 46, Island House last changed hands on 20th November 2023, selling for £566,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has dropped by 22.5% since November 2023.
- Sold Nov 2023£566,000
- Sold Jul 2017£550,000
- Sold Sep 2013£365,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 390 metres of Flat 46, Island House across the last 2 years.
Most recently, Flat G01, Thorpe Court 2, Bramble Path, London, E3 3XP, a leasehold flat, sold at £383,000 on the 31st October 2019.
Read more about house prices in E3.
- Sold Oct 2019£383,000 | 2 Bed FlatFlat G01, Thorpe Court 2, Bramble Path, London, E3 3XPFlat G01, Thorpe Court 2, Bramble Path, London, E3 3XP
- Sold Jul 2017£385,000 | 2 Bed FlatFlat 39, Island House, Three Mill Lane, London, E3 3AFFlat 39, Island House, Three Mill Lane, London, E3 3AF
- Sold Oct 2016£400,000 | 2 Bed FlatFlat 5, Island House, Three Mill Lane, London, E3 3AFFlat 5, Island House, Three Mill Lane, London, E3 3AF
•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 46, Island House as the 69th largest and the 69th most expensive of the 71 addresses on Three Mill Lane, London, E3.
Against the E3 postcode district average, it is £19k less expensive than the typical property.
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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
Bromley-by-Bow station is the nearest stop to Flat 46, Island House at 400 metres away.
- 400mBromley-by-Bow
- 800mPudding Mill Lane
- 800mDevons Road
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a medium risk of flooding.
