Flat 604, Iris House 12
Flat 604, Iris House 12
Description & Estimates
Flat 604, Iris House 12 is recorded publicly as a modern leasehold apartment across 548 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom with a balcony.
Our estimate of the sale value of Flat 604, Iris House 12 is £417,991 and its rental estimate is £2,384 per month, given the available information and assuming reasonable condition.
Iris House, Hemlock Street is a residential building on Hemlock Street, London, E14 and falls within the E14 postal district and the London Borough of Tower Hamlets.
Our Data Sources
Flat 604, 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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 604, Iris House 12, we estimate a market value of £438,891 and a rental value of £2,503 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £388,732 and £2,217 per month respectively.
Recent Market Change
Over the last year, Flat 604, Iris House 12 has seen its estimated sale value drop by £19,923 (4.8%) and its estimated rental value rise by £98 per month (4.1%). This results in an estimated gross rental yield of 6.8%.
Energy Efficiency
Flat 604, 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
The most recent sale of Flat 604, Iris House 12 completed on 25th March 2024 at £409,925 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 4.5% over the period since March 2024.
- Sold Mar 2024£409,925
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 604, Iris House 12 have sold within a radius of 330 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th July 2024, was Flat 704, Iris House 12, Hemlock Street, London, E14 0XY, a leasehold flat which sold for £417,050.
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£404,000 | 1 Bed FlatIris House 12, Hemlock StreetFlat 404, 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
Of the 348 addresses on Hemlock Street, London, E14, Flat 604, Iris House 12 comes out as the 250th largest and the 220th most expensive in our analysis of the public data.
It is also £57k less expensive than the average property across the E14 district.
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
From Flat 604, Iris House 12, the nearest station is East India, 700 metres away.
- 700mEast India
- 800mLangdon Park
- 800mCanning Town
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
