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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Flat 23, Iron Works 58 is recorded publicly as a modern leasehold apartment across 947 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a balcony.
Our estimate of the sale value of Flat 23, Iron Works 58 is £490,740 and its rental estimate is £2,985 per month, given the available information and assuming reasonable condition.
Iron Works, Dace Road is a residential building on Dace Road, London, E3 and falls within the E3 postal district and the London Borough of Tower Hamlets.
Flat 23, Iron Works 58 has 31 entries in the Land Registry , most recently in January 2014 and a single entry in the EPC database dated October 2023.
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.
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 23, Iron Works 58, we estimate a market value of £515,277 and a rental value of £3,134 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £456,388 and £2,776 per month respectively.
Over the last year, Flat 23, Iron Works 58 has seen its estimated sale value move down by £10,018 (2.0%) and its estimated rental value increase by £152 per month (5.1%). This results in an estimated gross rental yield of 7.3%.
Flat 23, Iron Works 58 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Oct 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric underfloor heating.
The most recent sale of Flat 23, Iron Works 58 completed on 3rd January 2014 at £363,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 10.1% over the period since January 2014.
Over the past 2 years 3 properties similar to Flat 23, Iron Works 58 have sold within a radius of 390 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st July 2025, was Flat 8, Iron Works 58, Dace Road, London, E3 2NX, a leasehold flat which sold for £555,000.
Read more about house prices in E3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 197 addresses on Dace Road, London, E3, Flat 23, Iron Works 58 comes out as the 52nd largest and the 50th most expensive in our analysis of the public data.
It is also £46k more expensive than the average property across the E3 district.
From Flat 23, Iron Works 58, the nearest station is Pudding Mill Lane, 700 metres away.
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
The flood risk here is rated medium, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 23, Iron Works 58, % of property is and % is .
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 23, Iron Works 58, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 23, Iron Works 58, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 23, Iron Works 58, there are an average of 0.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
