Flat 705, Iris House 12
Flat 705, Iris House 12
Description & Estimates
According to the public record, Flat 705, Iris House 12 is a modern leasehold apartment with 430 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 705, Iris House 12 is £357,816 and the estimated rental value is £2,074 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 705, Iris House 12 has a single entry in the Land Registry from May 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 705, Iris House 12 is in very good condition we estimate a sale value of £375,707 and a rental value of £2,178 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £332,769 and a rental value of £1,929 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 705, Iris House 12 has decreased by £17,055 (4.8%), while its estimated rental value has grown by £86 per month (4.1%). Based on current estimates, the property offers a gross rental yield of 7.0%.
Energy Efficiency
Flat 705, 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 705, Iris House 12 was last sold on 24th May 2024 for £364,560 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2024, the market for similar properties has dropped by 4.6%.
- Sold May 2024£364,560
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 705, Iris House 12 within a radius of 330 metres over the last 2 years.
The most recent example is Flat 308, Iris House 12, Hemlock Street, London, E14 0XY, a leasehold flat which sold for £395,000 on the 12th November 2024.
Read more about house prices in E14.
- Sold Nov 2024£395,000 | 1 Bed FlatIris House 12, Hemlock StreetFlat 308, Iris House 12, Hemlock Street, London, E14 0XY
- Sold Sep 2024£367,010 | 1 Bed FlatIris House 12, Hemlock StreetFlat 805, Iris House 12, Hemlock Street, London, E14 0XY
- Sold May 2024£358,415 | 1 Bed FlatIris House 12, Hemlock StreetFlat 605, 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 705, Iris House 12 is the 339th largest and the 278th most expensive property on the street.
When compared to the postcode district it is £117k 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 705, 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.
