Flat 178, The Oxygen, 18 Western Gateway, London, E16 1BQ is a leasehold flat built between 2003-2006. The property offers approximately 646 square feet of living space and is situated on the 16th floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £379,532 , which equates to approximately £588 per square foot. It was last sold on 24 Dec 2008 for £198,000. Since then, the value has increased by £181,532, representing a 91.7% increase, or approximately 5.4% per year.

The current estimated value of £379,532 is:

  • 41.7% lower than the average property price on Western Gateway
  • 32.5% lower than the average in the E16 1BQ postcode area
  • and 56.6% lower than the average price for London as a whole

View sold house prices in E16 1BQ

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
646 sq ft
Tenure
Leasehold
Floor level
16th floor
Price (estimate)
£379,532
Price Per sq ft (estimate)
£588
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 178, The Oxygen, 18 Western Gateway, London, Newham, Greater London Authority, E16 1BQ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 9 Oct 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 triple glazed.

The previous EPC assessment was conducted on 12 Oct 2009, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 2.4%.

Since the previous assessment, several changes were observed:

  • The hot water system changed from from community scheme to community scheme, with no change in energy efficiency (good).
  • The roof construction or insulation changed from average thermal transmittance 0.20 w/m?k to (another dwelling above), changing energy efficiency from good to n/a.
  • The wall construction or insulation changed from average thermal transmittance 0.35 w/m?k to system built, as built, insulated (assumed), with no change in energy efficiency (good).
  • The windows were upgraded from fully double glazed to fully triple glazed.
  • The lighting was updated from low energy lighting in 26% fixed outlets to low energy lighting in 14% of fixed outlets, with efficiency changing from average to poor.
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully triple glazed
Good
Lighting
Low energy lighting in 14% of fixed outlets
Poor

Compared to E16 1BQ

79 th / 84
Price Rank
33% lower than average
62 nd / 79
Size Rank
18% smaller than average
60 th / 79
Price Per Sq FT Rank
17% lower than average

Compared to other properties in E16 1BQ , this flat's estimated value ranks 79th out of 84. Based on price per square foot, it ranks 60th out of 79 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 62th out of 79 properties in its postcode area.

Sale History

Today
£379,532
streetscan.co.uk estimate
+92 %
24 Dec 2008
£198,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 657 sq ft
sale price: £445,000
sale date: 21 Oct 2024
rooms: 2
size: 570 sq ft
sale price: £325,000
sale date: 15 Aug 2023
rooms: 3
size: 667 sq ft
sale price: £410,000
sale date: 15 Nov 2019
rooms: 3
size: 603 sq ft
sale price: £350,000
sale date: 3 Aug 2018
rooms: 3
size: 624 sq ft
sale price: £490,000
sale date: 3 Oct 2016

Data Sources

The property at Flat 178, The Oxygen, 18 Western Gateway, London, Newham, Greater London Authority, E16 1BQ appears once in the Land Registry records, with the transaction recorded on 24 Dec 2008. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 9 Oct 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.