16 Gales Gardens, London, E2 0EJ is a leasehold flat built between 1976-1982. The property offers approximately 764 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £352,416 , which equates to approximately £461 per square foot. It was last sold on 14 Nov 2003 for £165,000. Since then, the value has increased by £187,416, representing a 113.6% increase, or approximately 5.1% per year.

The current estimated value of £352,416 is:

  • 6.8% lower than the average property price on Gales Gardens
  • 11.1% lower than the average in the E2 0EJ postcode area
  • and 59.7% lower than the average price for London as a whole

View sold house prices in E2 0EJ

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
764 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£352,416
Price Per sq ft (estimate)
£461
Bedroom Count (estimate)
2 bedrooms

EPC Summary

16 Gales Gardens, London, Tower Hamlets, Greater London Authority, E2 0EJ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 13 Dec 2019.

This property is heated by a shared community system (community scheme). Community heating means the heat is supplied from a central source serving multiple homes. A community heating scheme is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 17 Sep 2009. The rating of C is unchanged, though the energy efficiency score decreased by 4.1%.

Since the previous assessment, several changes were observed:

  • The heating system changed from community scheme with chp to community scheme, with no change in energy efficiency (good).
  • The hot water system changed from from main system to community scheme, with no change in energy efficiency (good).
  • The wall construction or insulation changed from cavity wall, as built, partial insulation (assumed) to cavity wall, filled cavity, improving energy efficiency from average to good.
  • The lighting was updated from low energy lighting in 66% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Roof
Flat, limited insulation (assumed)
Poor
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E2 0EJ

14 th / 18
Price Rank
11% lower than average
12 th / 16
Size Rank
8% smaller than average
7 th / 16
Price Per Sq FT Rank
4% lower than average

Compared to other properties in E2 0EJ , this flat's estimated value ranks 14th out of 18. Based on price per square foot, it ranks 7th out of 16 properties. In terms of size, this home ranks 12th out of 16 properties in its postcode area.

Sale History

Today
£352,416
streetscan.co.uk estimate
+114 %
14 Nov 2003
£165,000
Leasehold

Area Insights

Similar Properties Sold Nearby

39 Gales Gardens, London, E2 0EJ
rooms: 4
size: 721 sq ft
sale price: £410,000
sale date: 14 Jul 2015
42 Gales Gardens, London, E2 0EJ
rooms: 3
size: 764 sq ft
sale price: £180,000
sale date: 31 Mar 2003
5 Gales Gardens, London, E2 0EJ
rooms: 4
size: 759 sq ft
sale price: £180,000
sale date: 20 Mar 2003

Data Sources

The property at 16 Gales Gardens, London, Tower Hamlets, Greater London Authority, E2 0EJ appears once in the Land Registry records, with the transaction recorded on 14 Nov 2003. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 13 Dec 2019. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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