Flat 405, The Galley, 3 Basin Approach, London, E16 2QW is a leasehold flat built between 1996-2002. The property offers approximately 1,076 square feet of living space and is situated on the 4th floor. In this location, apartments of similar size usually have four bedrooms.

The estimated current market value of the property is £498,491 , which equates to approximately £463 per square foot. It was last sold on 29 May 2009 for £250,000. Since then, the value has increased by £248,491, representing a 99.4% increase, or approximately 6.0% per year.

The current estimated value of £498,491 is:

  • 24.2% lower than the average property price on Basin Approach
  • 1.4% higher than the average in the E16 2QW postcode area
  • and 43.0% 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
1996-2002
Interior Size
1076 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£498,491
Price Per sq ft (estimate)
£463
Bedroom Count (estimate)
4 bedrooms

EPC Summary

Flat 405, The Galley, 3 Basin Approach, London, Newham, Greater London Authority, E16 2QW has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 13 Jul 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 17 Jun 2009, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 20.4%.

Since the previous assessment, several changes were observed:

  • 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 33% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very 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
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E16 2QW

17 th / 44
Price Rank
1% higher than average
4 th / 40
Size Rank
40% bigger than average
40 th / 40
Price Per Sq FT Rank
28% lower than average

Compared to other properties in E16 2QW , this flat's estimated value ranks 17th out of 44. Based on price per square foot, it ranks 40th 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 4th out of 40 properties in its postcode area.

Sale History

Today
£498,491
streetscan.co.uk estimate
+99 %
29 May 2009
£250,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 969 sq ft
sale price: £425,000
sale date: 31 Oct 2023
rooms: 3
size: 980 sq ft
sale price: £400,000
sale date: 8 Jan 2015
rooms: 4
size: 1216 sq ft
sale price: £320,000
sale date: 30 Sep 2009
rooms: 3
size: 980 sq ft
sale price: £250,000
sale date: 10 Sep 2009
rooms: 4
size: 1141 sq ft
sale price: £300,000
sale date: 28 Aug 2009

Data Sources

The property at Flat 405, The Galley, 3 Basin Approach, London, Newham, Greater London Authority, E16 2QW appears once in the Land Registry records, with the transaction recorded on 29 May 2009. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 13 Jul 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.