Flat 15, Iron Works 58
Flat 15, Iron Works 58
Description & Estimates
Public records show Flat 15, Iron Works 58 to be a modern leasehold apartment with 990 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms with a balcony.
Flat 15, Iron Works 58 has an estimated sale value of £504,914 and an estimated rental value of £3,066 per month, assuming reasonable condition and based on the information available.
The apartment sits within Iron Works, Dace Road, London, E3.
Dace Road, London, E3 lies in the borough of Tower Hamlets, within the E3 postal district.
Our Data Sources
Flat 15, Iron Works 58 has 21 entries in the Land Registry , most recently in May 2010 and a single entry in the EPC database dated June 2020.
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 15, Iron Works 58 would be worth £530,159, with a potential rental value of £3,219 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £469,570, with a rental value of £2,851 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 15, Iron Works 58 has moved down by £10,308 (2.0%) over the last year. During the same period, its estimated monthly rental value has increased by £156 (5.1%). The property's estimated gross yield is currently 7.3%.
Energy Efficiency
Flat 15, Iron Works 58 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Jun 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric underfloor heating.
Sold Prices
Flat 15, Iron Works 58 last changed hands on 7th May 2010, selling for £218,500. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 39.9% since May 2010.
- Sold May 2010£218,500
- Sold Sep 2005£261,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 390 metres of Flat 15, Iron Works 58 across the last 2 years.
Most recently, Flat 8, Iron Works 58, Dace Road, London, E3 2NX, a leasehold flat, sold at £555,000 on the 1st July 2025.
Read more about house prices in E3.
- Sold Jul 2025£555,000 | 3 Bed FlatIron Works 58, Dace RoadFlat 8, Iron Works 58, Dace Road, London, E3 2NX
- Sold Mar 2025£510,000 | 3 Bed FlatIron Works 58, Dace RoadFlat 16, Iron Works 58, Dace Road, London, E3 2NX
- Sold Oct 2024£250,000 | 3 Bed FlatIron Works 58, Dace RoadFlat 71, Iron Works 58, Dace Road, London, E3 2NX
•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 15, Iron Works 58 as the 32nd largest and the 31st most expensive of the 197 addresses on Dace Road, London, E3.
Against the E3 postcode district average, it is £60k more expensive than the typical property.
More reading links
Schools Nearby
- 800mOld Ford Primary - A Paradigm Academy
- 900mMossbourne Riverside Academy
- 1.0kmGainsborough Primary School
- 500mMulberry UTC
- 1.2kmCentral Foundation Girls' School
- 1.4kmMossbourne Victoria Park Academy
More reading links
Public Transport Nearby
Pudding Mill Lane station is the nearest stop to Flat 15, Iron Works 58 at 700 metres away.
- 700mPudding Mill Lane
- 700mHackney Wick
- 1.0kmBow Church
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.
