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According to the public record, Flat 40, Iron Works 58 is a modern leasehold apartment with 1,124 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 40, Iron Works 58 is £548,344 and the estimated rental value is £3,330 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 40, Iron Works 58 has 21 entries in the Land Registry , most recently in September 2010 and a single entry in the EPC database dated June 2009.
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 40, Iron Works 58 is in very good condition we estimate a sale value of £575,761 and a rental value of £3,496 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £509,960 and a rental value of £3,097 per month.
Over the last 12 months the sale value of Flat 40 Iron Works 58 has decreased by an estimated £11,194 (2.0%) and its rental value has increased by an estimated £169 per month (5.1%), giving an expected gross yield of 7.3%.
Flat 40, Iron Works 58 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Jun 2009.
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 40, Iron Works 58 was last sold on 30th September 2010 for £274,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since September 2010, the market for similar properties has risen 39.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 40, Iron Works 58 within a radius of 390 metres over the last 2 years.
The most recent example is Flat 310, Ink Court 419, Wick Lane, London, E3 2PW, a leasehold flat which sold for £520,000 on the 12th February 2026.
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 40, Iron Works 58 is the 11th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £103k more expensive than the average property in E3.
The nearest school is Mulberry UTC which is 500 metres away. The nearest train station is Pudding Mill Lane which is 700 metres away.
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