Flat 403, The Galley, 3 Basin Approach, London, E16 2QW is a leasehold flat built in 2007 onwards. The property offers approximately 560 square feet of living space and is situated on the 4th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £323,981 , which equates to approximately £579 per square foot. It was last sold on 26 Mar 2009 for £170,000. Since then, the value has increased by £153,981, representing a 90.6% increase, or approximately 5.4% per year.

The current estimated value of £323,981 is:

  • 50.7% lower than the average property price on Basin Approach
  • 34.1% lower than the average in the E16 2QW postcode area
  • and 63.0% lower than the average price for London as a whole

View sold house prices in E16 2QW

Building approximate location

About Property

Type
Flat
Built
2007 onwards
Interior Size
560 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£323,981
Price Per sq ft (estimate)
£579
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 403, The Galley, 3 Basin Approach, London, Newham, Greater London Authority, E16 2QW has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 1 May 2019.

This property uses electric underfloor heating 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 6 Apr 2009, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 15.2%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from n/a to very poor, while the heating system type remained the same (electric underfloor heating).
  • The hot water energy efficiency improving from n/a to very poor, while the system remained as electric immersion, standard tariff.
  • 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 = 0.20 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 50% of fixed outlets, with efficiency improving from average to good.
Heating Type
Electric underfloor heating
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 50% of fixed outlets
Good

Compared to E16 2QW

44 th / 44
Price Rank
34% lower than average
31 st / 40
Size Rank
27% smaller than average
27 th / 40
Price Per Sq FT Rank
10% lower than average

Compared to other properties in E16 2QW , this flat's estimated value ranks 44th out of 44. Based on price per square foot, it ranks 27th 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 31th out of 40 properties in its postcode area.

Sale History

Today
£323,981
streetscan.co.uk estimate
+91 %
26 Mar 2009
£170,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 201, The Galley, 3 Basin Approach, London, E16 2QW
rooms: 3
size: 570 sq ft
sale price: £400,000
sale date: 7 Aug 2020
Flat 203, The Galley, 3 Basin Approach, London, E16 2QW
rooms: 2
size: 527 sq ft
sale price: £300,000
sale date: 18 Dec 2019
Flat 504, The Galley, 3 Basin Approach, London, E16 2QW
rooms: 2
size: 560 sq ft
sale price: £301,000
sale date: 14 Jun 2018
Flat 604, The Galley, 3 Basin Approach, London, E16 2QW
rooms: 2
size: 549 sq ft
sale price: £265,000
sale date: 21 Jul 2008
Flat 204, The Galley, 3 Basin Approach, London, E16 2QW
rooms: 2
size: 592 sq ft
sale price: £249,999
sale date: 22 May 2008

Data Sources

The property at Flat 403, The Galley, 3 Basin Approach, London, Newham, Greater London Authority, E16 2QW appears once in the Land Registry records, with the transaction recorded on 26 Mar 2009. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 1 May 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.
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