Flat 62, The Oxygen, 18 Western Gateway, London, E16 1BL is a leasehold flat built between 2003-2006. The property offers approximately 570 square feet of living space and is situated on the 5th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £399,597 , which equates to approximately £700 per square foot. It was last sold on 4 Jun 2008 for £250,000. Since then, the value has increased by £149,597, representing a 59.8% increase, or approximately 3.4% per year.

The current estimated value of £399,597 is:

  • 38.6% lower than the average property price on Western Gateway
  • 18.1% lower than the average in the E16 1BL postcode area
  • and 54.3% lower than the average price for London as a whole

At the most recent EPC inspection on 27 April 2022, the property was recorded as rented.

View sold house prices in E16 1BL

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
570 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£399,597
Price Per sq ft (estimate)
£700
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 62, The Oxygen, 18 Western Gateway, London, Newham, Greater London, E16 1BL has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 27 Apr 2022.

This property is heated by a shared community system (community scheme). Community heating means the heat is supplied from a central source serving multiple homes. A community heating scheme is used to provide hot water. The windows are fully triple glazed.

The previous EPC assessment was conducted on 21 Feb 2012, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 2.5%.

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 0.40 w/m?k to system built, as built, insulated (assumed), with no change in energy efficiency (good).
  • The windows were upgraded from fully double glazed to fully triple glazed.
  • The lighting was updated from low energy lighting in 23% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully triple glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E16 1BL

81 st / 91
Price Rank
18% lower than average
58 th / 88
Size Rank
17% smaller than average
68 th / 88
Price Per Sq FT Rank
1% lower than average

Compared to other properties in E16 1BL , this flat's estimated value ranks 81th out of 91. Based on price per square foot, it ranks 68th out of 88 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 58th out of 88 properties in its postcode area.

Sale History

Today
£399,597
streetscan.co.uk estimate
+60 %
4 Jun 2008
£250,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 646 sq ft
sale price: £340,000
sale date: 17 Oct 2024
rooms: 2
size: 581 sq ft
sale price: £320,000
sale date: 28 Apr 2023
rooms: 2
size: 538 sq ft
sale price: £310,000
sale date: 30 Mar 2023
rooms: 2
size: 527 sq ft
sale price: £300,000
sale date: 1 Mar 2023
rooms: 2
size: 538 sq ft
sale price: £300,000
sale date: 1 Mar 2023

Data Sources

The property at Flat 62, The Oxygen, 18 Western Gateway, London, Newham, Greater London, E16 1BL appears once in the Land Registry records, with the transaction recorded on 4 Jun 2008. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 27 Apr 2022. 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.