Flat 33, The Oxygen, 18 Western Gateway, London, E16 1BL is a leasehold flat built between 2003-2006. The property offers approximately 646 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 £332,616 , which equates to approximately £515 per square foot. It was last sold on 17 Oct 2024 for £340,000. Since then, the value has decreased by £7,384, representing a 2.2% decrease, or approximately 1.9% per year.

The current estimated value of £332,616 is:

  • 48.9% lower than the average property price on Western Gateway
  • 31.8% lower than the average in the E16 1BL postcode area
  • and 62.0% lower than the average price for London as a whole

At the most recent EPC inspection on 1 September 2021, the property was recorded as rented.

View sold house prices in E16 1BL

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
646 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£332,616
Price Per sq ft (estimate)
£515
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 33, The Oxygen, 18 Western Gateway, London, Newham, Greater London, E16 1BL has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 1 Sep 2021.

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 6 Sep 2011, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 13.9%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric underfloor heating to community scheme, improving energy efficiency from very poor to good.
  • The hot water system was changed from electric immersion, standard tariff to community scheme, with its energy efficiency improving from very poor to good.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) 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 changed from low energy lighting in 57% of fixed outlets to low energy lighting in 64% of fixed outlets, with no change in efficiency (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 64% of fixed outlets
Good

Compared to E16 1BL

56 th / 91
Price Rank
32% lower than average
47 th / 88
Size Rank
6% smaller than average
67 th / 88
Price Per Sq FT Rank
27% lower than average

Compared to other properties in E16 1BL , this flat's estimated value ranks 56th out of 91. Based on price per square foot, it ranks 67th 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 47th out of 88 properties in its postcode area.

Sale History

Today
£332,616
streetscan.co.uk estimate
-2 %
17 Oct 2024
£340,000
Leasehold
-2.9 %
16 Feb 2018
£350,000
Leasehold
+27.3 %
6 May 2008
£275,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 581 sq ft
sale price: £320,000
sale date: 28 Apr 2023
rooms: 2
size: 549 sq ft
sale price: £285,000
sale date: 1 Mar 2023
rooms: 2
size: 624 sq ft
sale price: £320,500
sale date: 21 Jan 2022
rooms: 2
size: 603 sq ft
sale price: £340,000
sale date: 3 Sep 2021
rooms: 2
size: 635 sq ft
sale price: £384,950
sale date: 24 Mar 2016

Data Sources

The property at Flat 33, The Oxygen, 18 Western Gateway, London, E16 1BL appears three times in the Land Registry records, with the latest transaction recorded on 17 Oct 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 1 Sep 2021. 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.