Flat 506, The Galley, 3 Basin Approach, London, E16 2QW is a leasehold flat built in 2007 onwards. The property offers approximately 905 square feet of living space and is situated on the 5th floor of a 8-storey building. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £469,326 , which equates to approximately £519 per square foot. It was last sold on 17 Sep 2010 for £260,000. Since then, the value has increased by £209,326, representing a 80.5% increase, or approximately 5.3% per year.

The current estimated value of £469,326 is:

  • 28.6% lower than the average property price on Basin Approach
  • 4.5% lower than the average in the E16 2QW postcode area
  • and 46.4% lower than the average price for London as a whole

At the most recent EPC inspection on 12 May 2010, the property was recorded as owner-occupied.

View sold house prices in E16 2QW

Building approximate location

About Property

Type
Flat
Built
2007 onwards
Interior Size
905 sq ft
Tenure
Leasehold
Floor level
5th floor of 8
Price (estimate)
£469,326
Price Per sq ft (estimate)
£519
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 506, 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 12 May 2010.

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 4 Jun 2009, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 24.1%.

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 changed from low energy lighting in 33% of fixed outlets to low energy lighting in 30% of fixed outlets, with no change in efficiency (average).
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 30% of fixed outlets
Average

Compared to E16 2QW

15 th / 44
Price Rank
5% lower than average
13 th / 40
Size Rank
18% bigger than average
30 th / 40
Price Per Sq FT Rank
19% lower than average

Compared to other properties in E16 2QW , this flat's estimated value ranks 15th out of 44. Based on price per square foot, it ranks 30th 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 13th out of 40 properties in its postcode area.

Sale History

Today
£469,326
streetscan.co.uk estimate
+81 %
17 Sep 2010
£260,000
Leasehold
+4 %
3 Jul 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: 893 sq ft
sale price: £380,000
sale date: 22 Jun 2018
rooms: 3
size: 807 sq ft
sale price: £408,000
sale date: 29 Sep 2016
rooms: 3
size: 980 sq ft
sale price: £400,000
sale date: 8 Jan 2015
rooms: 3
size: 850 sq ft
sale price: £275,000
sale date: 13 Nov 2013

Data Sources

The property at Flat 506, The Galley, 3 Basin Approach, London, E16 2QW appears two times in the Land Registry records, with the latest transaction recorded on 17 Sep 2010. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 12 May 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.