Flat 706, Iris House 12
Flat 706, Iris House 12
Description & Estimates
According to the public record, Flat 706, Iris House 12 is a modern leasehold apartment with 742 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 706, Iris House 12 is £517,705 and the estimated rental value is £2,956 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 706, Iris House 12 has a single entry in the Land Registry from September 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 706, Iris House 12 is in very good condition we estimate a sale value of £543,590 and a rental value of £3,104 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £481,465 and a rental value of £2,749 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 706, Iris House 12 has moved down by £20,757 (4.0%), while its estimated rental value has increased by £131 per month (4.4%). Based on current estimates, the property offers a gross rental yield of 6.9%.
Energy Efficiency
Flat 706, 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 706, Iris House 12 was last sold on 17th September 2024 for £587,951 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2024, the market for similar properties has dropped by 4.3%.
- Sold Sep 2024£587,951
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 706, Iris House 12 within a radius of 330 metres over the last 2 years.
The most recent example is Flat 507, Iris House 12, Hemlock Street, London, E14 0XY, a leasehold flat which sold for £575,900 on the 8th August 2024.
Read more about house prices in E14.
- Sold Aug 2024£575,900 | 2 Bed FlatIris House 12, Hemlock StreetFlat 507, Iris House 12, Hemlock Street, London, E14 0XY
- Sold Aug 2024£590,000 | 2 Bed FlatIris House 12, Hemlock StreetFlat 607, Iris House 12, Hemlock Street, London, E14 0XY
- Sold Aug 2024£610,060 | 2 Bed FlatIris House 12, Hemlock StreetFlat 806, 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 706, Iris House 12 is the 173rd largest and the 131st most expensive property on the street.
When compared to the postcode district it is £43k more 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 706, 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.
