Flat 206, The Galley, 3 Basin Approach, London, E16 2QW is a leasehold flat built between 2003-2006. The property offers approximately 980 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £552,859 , which equates to approximately £564 per square foot. It was last sold on 8 Jan 2015 for £400,000. Since then, the value has increased by £152,859, representing a 38.2% increase, or approximately 3.5% per year.

The current estimated value of £552,859 is:

  • 15.9% lower than the average property price on Basin Approach
  • 12.4% higher than the average in the E16 2QW postcode area
  • and 36.8% lower than the average price for London as a whole

View sold house prices in E16 2QW

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
980 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£552,859
Price Per sq ft (estimate)
£564
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 206, The Galley, 3 Basin Approach, London, Newham, Greater London Authority, E16 2QW has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 19 May 2020.

This property uses electric underfloor heating as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 13 Feb 2009, when the property was rated D. Since then, the rating has improved to B, with the energy efficiency score increasing by 20.9%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from very poor to poor, while the heating system type remained the same (electric underfloor heating).
  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to average.
  • The lighting was updated from low energy lighting in 10% of fixed outlets to low energy lighting in 71% of fixed outlets, with efficiency improving from poor to very good.
Heating Type
Electric underfloor heating
Poor
Hot Water
Electric immersion, off-peak
Average
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 71% of fixed outlets
Very Good

Compared to E16 2QW

4 th / 44
Price Rank
12% higher than average
6 th / 40
Size Rank
28% bigger than average
18 th / 40
Price Per Sq FT Rank
12% lower than average

Compared to other properties in E16 2QW , this flat's estimated value ranks 4th out of 44. Based on price per square foot, it ranks 18th out of 40 properties. In terms of size, this home ranks 6th out of 40 properties in its postcode area.

Sale History

Today
£552,859
streetscan.co.uk estimate
+38 %
8 Jan 2015
£400,000
Leasehold
-8 %
5 Feb 2008
£435,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 103, The Galley, 3 Basin Approach, London, E16 2QW
rooms: 3
size: 969 sq ft
sale price: £425,000
sale date: 31 Oct 2023
Flat 701, The Galley, 3 Basin Approach, London, E16 2QW
rooms: 3
size: 893 sq ft
sale price: £380,000
sale date: 22 Jun 2018
Flat 406, The Galley, 3 Basin Approach, London, E16 2QW
rooms: 3
size: 850 sq ft
sale price: £275,000
sale date: 13 Nov 2013
Flat 506, The Galley, 3 Basin Approach, London, E16 2QW
rooms: 3
size: 905 sq ft
sale price: £260,000
sale date: 17 Sep 2010
Flat 205, The Galley, 3 Basin Approach, London, E16 2QW
rooms: 3
size: 980 sq ft
sale price: £250,000
sale date: 10 Sep 2009

Data Sources

The property at Flat 206, The Galley, 3 Basin Approach, London, E16 2QW appears two times in the Land Registry records, with the latest transaction recorded on 8 Jan 2015. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 19 May 2020. 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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