Flat 701, Drift Court, 1 Basin Approach, London, E16 2FE is a leasehold flat built between 2007-2011. The property offers approximately 1,281 square feet of living space and is situated on the 7th floor. In this location, apartments of similar size usually have four bedrooms.

The estimated current market value of the property is £734,074 , which equates to approximately £573 per square foot. It was last sold on 13 May 2011 for £400,000. Since then, the value has increased by £334,074, representing a 83.5% increase, or approximately 5.7% per year.

The current estimated value of £734,074 is:

  • 11.6% higher than the average property price on Basin Approach
  • 56.9% higher than the average in the E16 2FE postcode area
  • and 16.1% lower than the average price for London as a whole

At the most recent EPC inspection on 24 June 2024, the property was recorded as rented.

View sold house prices in E16 2FE

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
1281 sq ft
Tenure
Leasehold
Floor level
7th floor
Price (estimate)
£734,074
Price Per sq ft (estimate)
£573
Bedroom Count (estimate)
4 bedrooms

EPC Summary

Flat 701, Drift Court, 1 Basin Approach, London, Newham, Greater London, E16 2FE has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 24 Jun 2024.

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.

The previous EPC assessment was conducted on 23 Nov 2010, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 46.5%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The roof construction or insulation changed from average thermal transmittance 0.20 w/m?k to flat, insulated (assumed), with no change in energy efficiency (good).
  • The wall construction or insulation changed from average thermal transmittance 0.26 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 57% of fixed outlets, with efficiency improving from average to good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Roof
Flat, insulated (assumed)
Good
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 57% of fixed outlets
Good

Compared to E16 2FE

2 nd / 40
Price Rank
57% higher than average
1 st / 40
Size Rank
56% bigger than average
25 th / 40
Price Per Sq FT Rank
1% higher than average

Compared to other properties in E16 2FE , this flat's estimated value ranks 2nd out of 40. Based on price per square foot, it ranks 25th out of 40 properties. In terms of size, this home ranks 1st out of 40 properties in its postcode area.

Sale History

Today
£734,074
streetscan.co.uk estimate
+84 %
13 May 2011
£400,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 701, Fathom Court, 2 Basin Approach, London, E16 2FF
rooms: 5
size: 1119 sq ft
sale price: £560,000
sale date: 1 Nov 2024
136 Basin Approach, London, E14 7JG
rooms: 3
size: 1098 sq ft
sale price: £782,500
sale date: 2 Feb 2024
144 Basin Approach, London, E14 7JG
rooms: 3
size: 1356 sq ft
sale price: £735,000
sale date: 26 May 2023
93 Basin Approach, London, E14 7JB
rooms: 4
size: 1238 sq ft
sale price: £950,000
sale date: 14 May 2021
91 Basin Approach, London, E14 7JB
rooms: 4
size: 1389 sq ft
sale price: £975,000
sale date: 14 Oct 2020

Data Sources

The property at Flat 701, Drift Court, 1 Basin Approach, London, Newham, Greater London, E16 2FE appears once in the Land Registry records, with the transaction recorded on 13 May 2011. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Jun 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.
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