Flat 308, Drift Court, 1 Basin Approach, London, E16 2FE is a leasehold flat built between 2007-2011. The property offers approximately 840 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £457,948 , which equates to approximately £545 per square foot. It was last sold on 25 Feb 2011 for £250,000. Since then, the value has increased by £207,948, representing a 83.2% increase, or approximately 5.6% per year.

The current estimated value of £457,948 is:

  • 30.4% lower than the average property price on Basin Approach
  • 2.1% lower than the average in the E16 2FE postcode area
  • and 47.7% lower than the average price for London as a whole

At the most recent EPC inspection on 16 September 2024, the property was recorded as rented.

View sold house prices in E16 2FE

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
840 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£457,948
Price Per sq ft (estimate)
£545
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 308, Drift Court, 1 Basin Approach, London, Newham, Greater London, E16 2FE has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 16 Sep 2024.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 23 Nov 2010, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 10.3%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from average to very poor.
  • The roof construction or insulation changed from average thermal transmittance 0.06 w/m?k to (another dwelling above), changing energy efficiency from very good to n/a.
  • The wall construction or insulation changed from average thermal transmittance 0.25 w/m?k to system built, as built, insulated (assumed), changing energy efficiency from very good to good.
  • The lighting was updated from low energy lighting in 38% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E16 2FE

17 th / 40
Price Rank
2% lower than average
17 th / 40
Size Rank
2% bigger than average
31 st / 40
Price Per Sq FT Rank
4% lower than average

Compared to other properties in E16 2FE , this flat's estimated value ranks 17th out of 40. Based on price per square foot, it ranks 31th out of 40 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 17th out of 40 properties in its postcode area.

Sale History

Today
£457,948
streetscan.co.uk estimate
+83 %
25 Feb 2011
£250,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 797 sq ft
sale price: £370,000
sale date: 13 Mar 2025
rooms: 3
size: 883 sq ft
sale price: £447,000
sale date: 15 Feb 2024
rooms: 4
size: 732 sq ft
sale price: £381,000
sale date: 30 Apr 2018
rooms: 3
size: 807 sq ft
sale price: £375,000
sale date: 1 Mar 2018
rooms: 3
size: 764 sq ft
sale price: £405,000
sale date: 3 Oct 2016

Data Sources

The property at Flat 308, Drift Court, 1 Basin Approach, London, Newham, Greater London, E16 2FE appears once in the Land Registry records, with the transaction recorded on 25 Feb 2011. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Sep 2024. 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.


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