Flat 49, The Oxygen, 18 Western Gateway, London, E16 1BL is a leasehold flat built between 2003-2006. The property offers approximately 549 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 £451,575 , which equates to approximately £823 per square foot. It was last sold on 29 May 2014 for £293,000. Since then, the value has increased by £158,575, representing a 54.1% increase, or approximately 4.7% per year.

The current estimated value of £451,575 is:

  • 30.6% lower than the average property price on Western Gateway
  • 7.4% lower than the average in the E16 1BL postcode area
  • and 48.4% lower than the average price for London as a whole

View sold house prices in E16 1BL

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
549 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£451,575
Price Per sq ft (estimate)
£823
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 49, The Oxygen, 18 Western Gateway, London, Newham, Greater London Authority, E16 1BL has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 19 Jul 2019.

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 Jul 2009, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 3.7%.

Since the previous assessment, several changes were observed:

  • The hot water system changed from from community scheme to community scheme, with no change in energy efficiency (good).
  • The roof construction or insulation changed from average thermal transmittance 0.00 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 0.36 w/m?k 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 28% fixed outlets to low energy lighting in 42% of fixed outlets, with no change in efficiency (average).
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 42% of fixed outlets
Average

Compared to E16 1BL

57 th / 91
Price Rank
7% lower than average
67 th / 88
Size Rank
20% smaller than average
31 st / 88
Price Per Sq FT Rank
16% higher than average

Compared to other properties in E16 1BL , this flat's estimated value ranks 57th out of 91. Based on price per square foot, it ranks 31th out of 88 properties. In terms of size, this home ranks 67th out of 88 properties in its postcode area.

Sale History

Today
£451,575
streetscan.co.uk estimate
+54 %
29 May 2014
£293,000
Leasehold
+10.6 %
19 May 2008
£265,000
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: 538 sq ft
sale price: £310,000
sale date: 30 Mar 2023
rooms: 2
size: 527 sq ft
sale price: £300,000
sale date: 1 Mar 2023
rooms: 2
size: 538 sq ft
sale price: £300,000
sale date: 1 Mar 2023
rooms: 2
size: 549 sq ft
sale price: £285,000
sale date: 1 Mar 2023

Data Sources

The property at Flat 49, The Oxygen, 18 Western Gateway, London, E16 1BL appears two times in the Land Registry records, with the latest transaction recorded on 29 May 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 19 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.