Flat 601, The Galley, 3 Basin Approach, London, E16 2QW is a leasehold flat built between 2003-2006. The property offers approximately 807 square feet of living space and is situated on the 6th floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £433,363 , which equates to approximately £537 per square foot. It was last sold on 29 Sep 2016 for £408,000. Since then, the value has increased by £25,363, representing a 6.2% increase, or approximately 0.7% per year.

The current estimated value of £433,363 is:

  • 34.1% lower than the average property price on Basin Approach
  • 11.9% lower than the average in the E16 2QW postcode area
  • and 50.5% lower than the average price for London as a whole

At the most recent EPC inspection on 18 September 2024, the property was recorded as rented.

View sold house prices in E16 2QW

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
807 sq ft
Tenure
Leasehold
Floor level
6th floor
Price (estimate)
£433,363
Price Per sq ft (estimate)
£537
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 601, The Galley, 3 Basin Approach, London, Newham, Greater London, E16 2QW has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 18 Sep 2024.

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 24 Aug 2009, when the property was rated E. Since then, the rating has improved to C, with the energy efficiency score increasing by 41.2%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from average thermal transmittance 0.07 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 0.20 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 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
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 2QW

27 th / 44
Price Rank
12% lower than average
20 th / 40
Size Rank
5% bigger than average
28 th / 40
Price Per Sq FT Rank
16% lower than average

Compared to other properties in E16 2QW , this flat's estimated value ranks 27th out of 44. Based on price per square foot, it ranks 28th 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 20th out of 40 properties in its postcode area.

Sale History

Today
£433,363
streetscan.co.uk estimate
+6 %
29 Sep 2016
£408,000
Leasehold
+73.6 %
18 Sep 2009
£235,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 893 sq ft
sale price: £380,000
sale date: 22 Jun 2018
rooms: 3
size: 850 sq ft
sale price: £275,000
sale date: 13 Nov 2013
rooms: 3
size: 905 sq ft
sale price: £260,000
sale date: 17 Sep 2010
rooms: 3
size: 807 sq ft
sale price: £240,000
sale date: 27 Nov 2009
rooms: 3
size: 797 sq ft
sale price: £235,000
sale date: 4 Nov 2009

Data Sources

The property at Flat 601, The Galley, 3 Basin Approach, London, E16 2QW appears two times in the Land Registry records, with the latest transaction recorded on 29 Sep 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 18 Sep 2024. 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.