Flat 23, The Oxygen, 18 Western Gateway, London, E16 1BL is a leasehold flat built in 2007 onwards. The property offers approximately 570 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £412,917 , which equates to approximately £724 per square foot. It was last sold on 27 May 2008 for £250,000. Since then, the value has increased by £162,917, representing a 65.2% increase, or approximately 3.7% per year.

The current estimated value of £412,917 is:

  • 36.6% lower than the average property price on Western Gateway
  • 15.3% lower than the average in the E16 1BL postcode area
  • and 52.8% lower than the average price for London as a whole

View sold house prices in E16 1BL

Building approximate location

About Property

Type
Flat
Built
2007 onwards
Interior Size
570 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£412,917
Price Per sq ft (estimate)
£724
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 23, The Oxygen, 18 Western Gateway, London, Newham, Greater London Authority, E16 1BL has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 7 Nov 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 28 Aug 2009, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 10.7%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric underfloor heating to community scheme, improving energy efficiency from poor to good.
  • The hot water system was changed from electric instantaneous at point of use to community scheme, with its energy efficiency improving from very poor to good.
  • The windows were upgraded from fully double glazed to fully triple glazed.
  • The lighting was updated from no low energy lighting to low energy lighting in 71% of fixed outlets, with efficiency improving from very poor to very good.
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 71% of fixed outlets
Very Good

Compared to E16 1BL

71 st / 91
Price Rank
15% lower than average
59 th / 88
Size Rank
17% smaller than average
60 th / 88
Price Per Sq FT Rank
2% higher than average

Compared to other properties in E16 1BL , this flat's estimated value ranks 71th out of 91. Based on price per square foot, it ranks 60th out of 88 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 59th out of 88 properties in its postcode area.

Sale History

Today
£412,917
streetscan.co.uk estimate
+65 %
27 May 2008
£250,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 646 sq ft
sale price: £340,000
sale date: 17 Oct 2024
rooms: 2
size: 581 sq ft
sale price: £320,000
sale date: 28 Apr 2023
rooms: 2
size: 538 sq ft
sale price: £310,000
sale date: 30 Mar 2023
rooms: 2
size: 527 sq ft
sale price: £300,000
sale date: 1 Mar 2023
rooms: 2
size: 538 sq ft
sale price: £300,000
sale date: 1 Mar 2023

Data Sources

The property at Flat 23, The Oxygen, 18 Western Gateway, London, Newham, Greater London Authority, E16 1BL appears once in the Land Registry records, with the transaction recorded on 27 May 2008. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 7 Nov 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.