Flat 506, The Mast, 2 Albert Basin Way, London, E16 2QZ is a leasehold flat built between 2003-2006. The property offers approximately 958 square feet of living space and is situated on the 5th floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £501,524 , which equates to approximately £524 per square foot. It was last sold on 25 Jun 2009 for £250,000. Since then, the value has increased by £251,524, representing a 100.6% increase, or approximately 6.1% per year.

The current estimated value of £501,524 is:

  • 6.7% lower than the average property price on Albert Basin Way
  • 0.2% higher than the average in the E16 2QZ postcode area
  • and 40.0% lower than the average price for London as a whole

At the most recent EPC inspection on 14 April 2021, the property was recorded as rented.

View sold house prices in E16 2QZ

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
958 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£501,524
Price Per sq ft (estimate)
£524
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 506, The Mast, 2 Albert Basin Way, London, Newham, Greater London, E16 2QZ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 14 Apr 2021.

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 C, with the energy efficiency score increasing by 41.5%.

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 0.35 w/m?k to cavity wall, as built, insulated (assumed), with no change in energy efficiency (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
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E16 2QZ

15 th / 39
Price Rank
0% same as average
7 th / 34
Size Rank
19% bigger than average
29 th / 34
Price Per Sq FT Rank
16% lower than average

Compared to other properties in E16 2QZ , this flat's estimated value ranks 15th out of 39. Based on price per square foot, it ranks 29th out of 34 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 7th out of 34 properties in its postcode area.

Sale History

Today
£501,524
streetscan.co.uk estimate
+101 %
25 Jun 2009
£250,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 829 sq ft
sale price: £395,000
sale date: 13 Nov 2015
rooms: 3
size: 936 sq ft
sale price: £401,000
sale date: 31 Oct 2014
rooms: 3
size: 942 sq ft
sale price: £365,000
sale date: 18 Jul 2014
rooms: 3
size: 850 sq ft
sale price: £363,000
sale date: 9 Jun 2014
rooms: 3
size: 1012 sq ft
sale price: £350,000
sale date: 14 Mar 2014

Data Sources

The property at Flat 506, The Mast, 2 Albert Basin Way, London, Newham, Greater London, E16 2QZ appears once in the Land Registry records, with the transaction recorded on 25 Jun 2009. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Apr 2021. 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.