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Apartments of this size in this area normally have 3 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 26, Iron Works 58 is £501,395 and the estimated rental value is £3,045 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 26, Iron Works 58 has 31 entries in the Land Registry , most recently in October 2016 and a single entry in the EPC database dated May 2016.
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.
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 26, Iron Works 58 is in very good condition we estimate a sale value of £526,465 and a rental value of £3,198 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £466,297 and a rental value of £2,832 per month.
Over the past 12 months, the estimated sale value of Flat 26, Iron Works 58 has declined by £10,236 (2.0%), while its estimated rental value has climbed by £155 per month (5.1%). Based on current estimates, the property offers a gross rental yield of 7.3%.
Flat 26, Iron Works 58 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 May 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric underfloor heating.
According to HM Land Registry, Flat 26, Iron Works 58 was last sold on 6th October 2016 for £585,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since October 2016, the market for similar properties has dropped by 16.0%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 26, Iron Works 58 within a radius of 390 metres over the last 2 years.
The most recent example is Flat 16, Iron Works 58, Dace Road, London, E3 2NX, a leasehold flat which sold for £510,000 on the 19th March 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 26, Iron Works 58 is the 33rd largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £56k more expensive than the average property in E3.
The closest station to Flat 26, Iron Works 58 is Pudding Mill Lane station, which is 700 metres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be medium.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 26, 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 26, 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 26, 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 26, 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.