Flat 175, The Oxygen, 18 Western Gateway, London, E16 1BQ is a leasehold flat built in 2012 onwards. The property offers approximately 506 square feet of living space and is situated on the 16th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £641,142 , which equates to approximately £1,267 per square foot. It was last sold on 10 Jul 2008 for £405,000. Since then, the value has increased by £236,142, representing a 58.3% increase, or approximately 3.3% per year.

The current estimated value of £641,142 is:

  • 1.5% lower than the average property price on Western Gateway
  • 14.0% higher than the average in the E16 1BQ postcode area
  • and 26.8% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 4 December 2023, the property was recorded as rented.

View sold house prices in E16 1BQ

Building approximate location

About Property

Type
Flat
Built
2012 onwards
Interior Size
506 sq ft
Tenure
Leasehold
Floor level
16th floor
Price (estimate)
£641,142
Price Per sq ft (estimate)
£1,267
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 175, The Oxygen, 18 Western Gateway, London, Newham, Greater London, E16 1BQ has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 4 Dec 2023.

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 1 Oct 2012, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 8%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from boiler and underfloor heating, electric to community scheme, improving energy efficiency from very poor to good.
  • The wall construction or insulation changed from system built, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), improving energy efficiency from good to very good.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Walls
Cavity wall, as built, insulated (assumed)
Very Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E16 1BQ

34 th / 84
Price Rank
14% higher than average
76 th / 79
Size Rank
36% smaller than average
1 st / 79
Price Per Sq FT Rank
78% higher than average

Compared to other properties in E16 1BQ , this flat's estimated value ranks 34th out of 84. Based on price per square foot, it ranks 1st out of 79 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 76th out of 79 properties in its postcode area.

Sale History

Today
£641,142
streetscan.co.uk estimate
+58 %
10 Jul 2008
£405,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 474 sq ft
sale price: £315,000
sale date: 20 Sep 2024
rooms: 2
size: 570 sq ft
sale price: £325,000
sale date: 15 Aug 2023
rooms: 2
size: 474 sq ft
sale price: £320,000
sale date: 12 Dec 2022
rooms: 2
size: 538 sq ft
sale price: £320,000
sale date: 16 Jan 2015
rooms: 2
size: 538 sq ft
sale price: £295,000
sale date: 7 May 2014

Data Sources

The property at Flat 175, The Oxygen, 18 Western Gateway, London, Newham, Greater London, E16 1BQ appears once in the Land Registry records, with the transaction recorded on 10 Jul 2008. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 4 Dec 2023. 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.