Flat 505, Drift Court, 1 Basin Approach, London, E16 2FE is a leasehold flat The property offers approximately 865 square feet of living space. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £541,530 , which equates to approximately £629 per square foot. It was last sold on 13 Jan 2011 for £300,000. Since then, the value has increased by £241,530, representing a 80.5% increase, or approximately 5.4% per year.

The current estimated value of £541,530 is:

  • 17.7% lower than the average property price on Basin Approach
  • 15.7% higher than the average in the E16 2FE postcode area
  • and 38.1% 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
Interior Size
865 sq ft
Tenure
Leasehold
Price (estimate)
£541,530
Price Per sq ft (estimate)
£629
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 505, Drift Court, 1 Basin Approach, London, Newham, Greater London Authority, E16 2FE has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 23 Nov 2010.

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.

Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Average
Roof
Average thermal transmittance 0.20 W/m?K
Good
Walls
Average thermal transmittance 0.27 W/m?K
Very Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 38% of fixed outlets
Average

Compared to E16 2FE

5 th / 40
Price Rank
16% higher than average
13 th / 40
Size Rank
5% bigger than average
7 th / 40
Price Per Sq FT Rank
11% higher than average

Compared to other properties in E16 2FE , this flat's estimated value ranks 5th out of 40. Based on price per square foot, it ranks 7th 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 13th out of 40 properties in its postcode area.

Sale History

Today
£541,530
streetscan.co.uk estimate
+81 %
13 Jan 2011
£300,000
Leasehold

Area Insights

Similar Properties Sold Nearby

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: 3
size: 807 sq ft
sale price: £375,000
sale date: 1 Mar 2018
rooms: 3
size: 969 sq ft
sale price: £450,000
sale date: 17 Mar 2017
rooms:
size: 788 sq ft
sale price: £400,000
sale date: 24 Feb 2017

Data Sources

The property at Flat 505, Drift Court, 1 Basin Approach, London, Newham, Greater London Authority, E16 2FE appears once in the Land Registry records, with the transaction recorded on 13 Jan 2011. It also has a single Energy Performance Certificate (EPC) from 23 Nov 2010. 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.