Flat 503, Drift Court, 1 Basin Approach, London, E16 2FE is a leasehold flat built between 2003-2006. The property offers approximately 775 square feet of living space and is situated on the 5th floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £538,981 , which equates to approximately £695 per square foot. It was last sold on 10 Jun 2011 for £297,500. Since then, the value has increased by £241,481, representing a 81.2% increase, or approximately 5.6% per year.

The current estimated value of £538,981 is:

  • 18.0% lower than the average property price on Basin Approach
  • 15.2% higher than the average in the E16 2FE postcode area
  • and 38.4% lower than the average price for London as a whole

At the most recent EPC inspection on 23 November 2020, the property was recorded as owner-occupied.

View sold house prices in E16 2FE

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
775 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£538,981
Price Per sq ft (estimate)
£695
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 503, 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 23 Nov 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. The rating of C remains the same, but the energy efficiency score improved by 12.7%.

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 (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 0.25 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 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)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E16 2FE

7 th / 40
Price Rank
15% higher than average
28 th / 40
Size Rank
6% smaller than average
2 nd / 40
Price Per Sq FT Rank
22% higher than average

Compared to other properties in E16 2FE , this flat's estimated value ranks 7th out of 40. Based on price per square foot, it ranks 2nd out of 40 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 28th out of 40 properties in its postcode area.

Sale History

Today
£538,981
streetscan.co.uk estimate
+81 %
10 Jun 2011
£297,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 678 sq ft
sale price: £366,500
sale date: 28 Mar 2025
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: 807 sq ft
sale price: £375,000
sale date: 1 Mar 2018

Data Sources

The property at Flat 503, Drift Court, 1 Basin Approach, London, Newham, Greater London, E16 2FE appears once in the Land Registry records, with the transaction recorded on 10 Jun 2011. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 23 Nov 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.