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In this area, apartments of this size normally have 3 bedrooms with a balcony.
Flat 28, Iron Works 58 has an estimated sale value of £483,552 and an estimated rental value of £2,943 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.
Flat 28, Iron Works 58 has no recent1 records in the the Land Registry and a single entry in the EPC database dated June 2019.
We combine this information with public data 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.
In very good condition, we estimate Flat 28, Iron Works 58 would be worth £507,729, with a potential rental value of £3,091 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £449,703, with a rental value of £2,737 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 28, Iron Works 58 has dropped by £9,872 (2.0%) over the last year. During the same period, its estimated monthly rental value has risen by £149 (5.1%). The property's estimated gross yield is currently 7.3%.
Flat 28, Iron Works 58 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Jun 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric underfloor heating.
Flat 28, Iron Works 58 last changed hands on 27th May 2005, selling for £222,640. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 390 metres of Flat 28, 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.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 28, Iron Works 58 as the 65th largest and the 61st most expensive of the 197 addresses on Dace Road, London, E3.
Against the E3 postcode district average, it is £38k more expensive than the typical property.
Pudding Mill Lane station is the nearest stop to Flat 28, Iron Works 58 at 700 metres away.
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.
Environment Agency data suggests this area has a medium risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 28, 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 28, 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 28, 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 28, 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.