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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 38, Iron Works 58 is recorded publicly as a modern leasehold apartment across 968 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a balcony.
Our estimate of the sale value of Flat 38, Iron Works 58 is £497,860 and its rental estimate is £3,025 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 38, Iron Works 58 has 21 entries in the Land Registry , most recently in August 2011 and a single entry in the EPC database dated February 2010.
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 38, Iron Works 58, we estimate a market value of £522,753 and a rental value of £3,176 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £463,010 and £2,813 per month respectively.
Over the last year, Flat 38, Iron Works 58 has seen its estimated sale value decrease by £10,164 (2.0%) and its estimated rental value grow by £154 per month (5.1%). This results in an estimated gross rental yield of 7.3%.
Flat 38, Iron Works 58 has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 23 Feb 2010.
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 38, Iron Works 58 completed on 11th August 2011 at £230,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 34.2% over the period since August 2011.
Over the past 2 years 3 properties similar to Flat 38, 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 38, Iron Works 58 comes out as the 38th largest and the 36th most expensive in our analysis of the public data.
It is also £53k more expensive than the average property across the E3 district.
From Flat 38, 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 38, 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 38, 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 38, 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 38, 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.
