Flat 26, Iron Works 58
Flat 26, Iron Works 58
Description & Estimates
According to the public record, Flat 26, Iron Works 58 is a modern leasehold apartment with 979 ft2 of internal area.
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.
Our Data Sources
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.
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 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.
Recent Market Change
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%.
Energy Efficiency
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.
Sold Prices
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%.
- Sold Oct 2016£585,000
- Sold Jul 2007£305,000
- Sold Jul 2005£196,000
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 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.
- Sold Mar 2025£510,000 | 3 Bed FlatIron Works 58, Dace RoadFlat 16, Iron Works 58, Dace Road, London, E3 2NX
- Sold Feb 2025£540,000 | 3 Bed Flat417, Wick LaneApartment 603, 417, Wick Lane, London, E3 2JJ
- 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.
More reading links
Location Comparison
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.
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
The closest station to Flat 26, Iron Works 58 is Pudding Mill Lane station, which is 700 metres away.
- 700mPudding Mill Lane
- 700mHackney Wick
- 1.0kmBow Church
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be medium.
