7, Discovery Tower, 1 Terry Spinks Place, London, E16 1YG is a leasehold flat The property offers approximately 775 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £542,638 , which equates to approximately £700 per square foot. It was last sold on 21 Feb 2018 for £495,000. Since then, the value has increased by £47,638, representing a 9.6% increase, or approximately 1.2% per year.

The current estimated value of £542,638 is:

  • 38.5% lower than the average property price on Terry Spinks Place
  • 54.6% lower than the average in the E16 1YG postcode area
  • and 38.0% lower than the average price for London as a whole

View sold house prices in E16 1YG

Building approximate location

About Property

Type
Flat
Built
Interior Size
775 sq ft
Tenure
Leasehold
Price (estimate)
£542,638
Price Per sq ft (estimate)
£700
Bedroom Count (estimate)
2 bedrooms

EPC Summary

7, Discovery Tower, 1 Terry Spinks Place, London, Newham, Greater London Authority, E16 1YG has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 18 Jul 2017.

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 high performance glazing.

Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Walls
Average thermal transmittance 0.21 W/m-¦K
Very Good
Windows
High performance glazing
Very Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E16 1YG

29 th / 90
Price Rank
55% lower than average
37 th / 86
Size Rank
6% bigger than average
59 th / 86
Price Per Sq FT Rank
57% lower than average

Compared to other properties in E16 1YG , this flat's estimated value ranks 29th out of 90. Based on price per square foot, it ranks 59th out of 86 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 37th out of 86 properties in its postcode area.

Sale History

Today
£542,638
streetscan.co.uk estimate
+10 %
21 Feb 2018
£495,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms:
size: 710 sq ft
sale price: £324,041
sale date: 7 Dec 2020
rooms:
size: 797 sq ft
sale price: £565,000
sale date: 8 Sep 2020
rooms:
size: 797 sq ft
sale price: £526,600
sale date: 5 Jul 2019
rooms:
size: 797 sq ft
sale price: £499,999
sale date: 1 Mar 2019
rooms:
size: 775 sq ft
sale price: £520,000
sale date: 16 Jan 2019

Data Sources

The property at 7, Discovery Tower, 1 Terry Spinks Place, London, Newham, Greater London Authority, E16 1YG appears once in the Land Registry records, with the transaction recorded on 21 Feb 2018. It also has a single Energy Performance Certificate (EPC) from 18 Jul 2017. 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.