Flat 402, Drift Court, 1 Basin Approach, London, E16 2FE is a leasehold flat built in 2007 onwards. The property offers approximately 883 square feet of living space and is situated on the 4th floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £419,089 , which equates to approximately £475 per square foot. It was last sold on 15 Feb 2024 for £447,000. Since then, the value has decreased by £27,911, representing a 6.2% decrease, or approximately 3.4% per year.

The current estimated value of £419,089 is:

  • 36.3% lower than the average property price on Basin Approach
  • 10.4% lower than the average in the E16 2FE postcode area
  • and 52.1% lower than the average price for London as a whole

View sold house prices in E16 2FE

Building approximate location

About Property

Type
Flat
Built
2007 onwards
Interior Size
883 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£419,089
Price Per sq ft (estimate)
£475
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 402, Drift Court, 1 Basin Approach, London, Newham, Greater London Authority, E16 2FE has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 28 Jul 2020.

This property uses electric room heaters 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 23 Nov 2010, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 19.7%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The roof construction or insulation changed from average thermal transmittance 0.02 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), with no change in energy efficiency (very 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, off-peak
Poor
Walls
System built, as built, insulated (assumed)
Very Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E16 2FE

19 th / 40
Price Rank
10% lower than average
11 th / 40
Size Rank
7% bigger than average
35 th / 40
Price Per Sq FT Rank
17% lower than average

Compared to other properties in E16 2FE , this flat's estimated value ranks 19th out of 40. Based on price per square foot, it ranks 35th 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 11th out of 40 properties in its postcode area.

Sale History

Today
£419,089
streetscan.co.uk estimate
-6 %
15 Feb 2024
£447,000
Leasehold
+78.8 %
3 Dec 2010
£250,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 105, Drift Court, 1 Basin Approach, London, E16 2FE
rooms: 3
size: 797 sq ft
sale price: £370,000
sale date: 13 Mar 2025
Flat 401, Drift Court, 1 Basin Approach, London, E16 2FE
rooms: 3
size: 807 sq ft
sale price: £375,000
sale date: 1 Mar 2018
Flat 502, Drift Court, 1 Basin Approach, London, E16 2FE
rooms: 3
size: 969 sq ft
sale price: £450,000
sale date: 17 Mar 2017
Flat 103, Drift Court, 1 Basin Approach, London, E16 2FE
rooms: 3
size: 764 sq ft
sale price: £405,000
sale date: 3 Oct 2016
Flat 405, Drift Court, 1 Basin Approach, London, E16 2FE
rooms: 3
size: 807 sq ft
sale price: £395,000
sale date: 15 Feb 2016

Data Sources

The property at Flat 402, Drift Court, 1 Basin Approach, London, E16 2FE appears two times in the Land Registry records, with the latest transaction recorded on 15 Feb 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 28 Jul 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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