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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 48, Iron Works 58 is £508,416 and the estimated rental value is £3,087 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 48, Iron Works 58 has 21 entries in the Land Registry , most recently in March 2015 and a single entry in the EPC database dated September 2024.
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 48, Iron Works 58 is in very good condition we estimate a sale value of £533,837 and a rental value of £3,242 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £472,827 and a rental value of £2,871 per month.
Over the last 12 months the sale value of Flat 48 Iron Works 58 has decreased by an estimated £10,379 (2.0%) and its rental value has increased by an estimated £157 per month (5.1%), giving an expected gross yield of 7.3%.
Flat 48, Iron Works 58 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Sep 2024.
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 48, Iron Works 58 was last sold on 6th March 2015 for £420,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since March 2015, the market for similar properties has dropped 6.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 48, Iron Works 58 within a radius of 390 metres over the last 2 years.
The most recent example is Apartment 408, 417, Wick Lane, London, E3 2JJ, a leasehold flat which sold for £460,000 on the 21st November 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 48, Iron Works 58 is the 27th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £63k 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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