Flat 401, Drift Court, 1 Basin Approach, London, E16 2FE is a leasehold flat built between 2007-2011. The property offers approximately 807 square feet of living space and is situated on the 4th floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £404,380 , which equates to approximately £501 per square foot. It was last sold on 1 Mar 2018 for £375,000. Since then, the value has increased by £29,380, representing a 7.8% increase, or approximately 1.0% per year.

The current estimated value of £404,380 is:

  • 38.5% lower than the average property price on Basin Approach
  • 13.6% lower than the average in the E16 2FE postcode area
  • and 53.8% lower than the average price for London as a whole

At the most recent EPC inspection on 19 July 2021, 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
807 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£404,380
Price Per sq ft (estimate)
£501
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 401, 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 19 Jul 2021.

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 9.2%.

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 (other premises above) to (another dwelling above), with no change in energy efficiency (n/a).
  • The wall construction or insulation changed from average thermal transmittance 0.32 w/m?k to system built, as built, insulated (assumed), with no change in energy efficiency (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

31 st / 40
Price Rank
14% lower than average
21 st / 40
Size Rank
2% smaller than average
29 th / 40
Price Per Sq FT Rank
12% lower than average

Compared to other properties in E16 2FE , this flat's estimated value ranks 31th out of 40. Based on price per square foot, it ranks 29th 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 21th out of 40 properties in its postcode area.

Sale History

Today
£404,380
streetscan.co.uk estimate
+8 %
1 Mar 2018
£375,000
Leasehold
+50 %
19 Sep 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: 764 sq ft
sale price: £405,000
sale date: 3 Oct 2016
rooms: 3
size: 807 sq ft
sale price: £395,000
sale date: 15 Feb 2016

Data Sources

The property at Flat 401, Drift Court, 1 Basin Approach, London, E16 2FE appears two times in the Land Registry records, with the latest transaction recorded on 1 Mar 2018. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 19 Jul 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.