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By comparing it to neighbours, we estimate that it is a modern apartment with 890 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 22, Iron Works 58 is £470,775 and the estimated rental value is £2,870 per month.
The apartment is within Iron Works, Dace Road, London, E3.
Dace Road, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Flat 22, Iron Works 58 has 31 entries in the Land Registry , most recently in October 2014 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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 22, Iron Works 58 is in very good condition we estimate a sale value of £494,314 and a rental value of £3,013 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £437,821 and a rental value of £2,669 per month.
Over the last 12 months the sale value of Flat 22 Iron Works 58 has decreased by an estimated £9,611 (2.0%) and its rental value has increased by an estimated £146 per month (5.1%), giving an expected gross yield of 7.3%.
According to HM Land Registry, Flat 22, Iron Works 58 was last sold on 17th October 2014 for £485,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since October 2014, the market for similar properties has dropped 3.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 22, Iron Works 58 within a radius of 390 metres over the last 2 years.
The most recent example is Flat 8, Iron Works 58, Dace Road, London, E3 2NX, a leasehold flat which sold for £555,000 on the 1st July 2025.
Read more about house prices in E3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Dace Road, London, E3 has a total of 197 addresses. According to our analysis of all the public data, Flat 22, Iron Works 58 is the 71st largest and the 67th most expensive property on the street.
When compared to the postcode district it is £26k more expensive than the average property in E3.
The nearest school is Mulberry UTC which is 500 metres away. The nearest train station is Pudding Mill Lane which is 700 metres away.
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