Flat 704, The Galley, 3 Basin Approach, London, E16 2QW is a leasehold flat built between 2007-2011. The property offers approximately 538 square feet of living space and is situated on the 7th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £391,046 , which equates to approximately £727 per square foot. It was last sold on 1 Feb 2008 for £250,000. Since then, the value has increased by £141,046, representing a 56.4% increase, or approximately 3.2% per year.

The current estimated value of £391,046 is:

  • 39.4% lower than the average property price on Basin Approach
  • 20.5% lower than the average in the E16 2QW postcode area
  • and 53.2% lower than the average price for London as a whole

At the most recent EPC inspection on 16 August 2023, the property was recorded as rented.

View sold house prices in E16 2QW

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
538 sq ft
Tenure
Leasehold
Floor level
7th floor
Price (estimate)
£391,046
Price Per sq ft (estimate)
£727
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 704, The Galley, 3 Basin Approach, London, Newham, Greater London, E16 2QW has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 16 Aug 2023.

This property uses electric underfloor heating 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 30 Aug 2013, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 14.9%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from very poor to average, while the heating system type remained the same (electric underfloor heating).
  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to average.
  • The lighting was changed from low energy lighting in 70% of fixed outlets to low energy lighting in 75% of fixed outlets, with no change in efficiency (very good).
Heating Type
Electric underfloor heating
Average
Hot Water
Electric immersion, off-peak
Average
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 75% of fixed outlets
Very Good

Compared to E16 2QW

38 th / 44
Price Rank
20% lower than average
37 th / 40
Size Rank
30% smaller than average
13 th / 40
Price Per Sq FT Rank
13% higher than average

Compared to other properties in E16 2QW , this flat's estimated value ranks 38th out of 44. Based on price per square foot, it ranks 13th out of 40 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 37th out of 40 properties in its postcode area.

Sale History

Today
£391,046
streetscan.co.uk estimate
+56 %
1 Feb 2008
£250,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 570 sq ft
sale price: £400,000
sale date: 7 Aug 2020
rooms: 2
size: 527 sq ft
sale price: £300,000
sale date: 18 Dec 2019
rooms: 2
size: 560 sq ft
sale price: £301,000
sale date: 14 Jun 2018
rooms: 2
size: 560 sq ft
sale price: £170,000
sale date: 26 Mar 2009
rooms: 2
size: 549 sq ft
sale price: £265,000
sale date: 21 Jul 2008

Data Sources

The property at Flat 704, The Galley, 3 Basin Approach, London, Newham, Greater London, E16 2QW appears once in the Land Registry records, with the transaction recorded on 1 Feb 2008. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Aug 2023. 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.