Flat 705, The Galley, 3 Basin Approach, London, E16 2QW is a leasehold flat built in 2012 onwards. The property offers approximately 947 square feet of living space and is situated on the 7th floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £696,160 , which equates to approximately £735 per square foot. It was last sold on 31 Jan 2008 for £450,000. Since then, the value has increased by £246,160, representing a 54.7% increase, or approximately 3.1% per year.

The current estimated value of £696,160 is:

  • 8.0% higher than the average property price on Basin Approach
  • 41.6% higher than the average in the E16 2QW postcode area
  • and 16.7% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 4 May 2024, the property was recorded as rented.

View sold house prices in E16 2QW

Building approximate location

About Property

Type
Flat
Built
2012 onwards
Interior Size
947 sq ft
Tenure
Leasehold
Floor level
7th floor
Price (estimate)
£696,160
Price Per sq ft (estimate)
£735
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 705, 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 4 May 2024.

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 20 Jan 2011, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 11%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric ceiling heating to electric underfloor heating, improving energy efficiency from very poor to poor.
  • The hot water energy efficiency changing from very good to average, while the system remained as electric immersion, off-peak.
  • The wall energy efficiency improving from good to very good, with the construction or insulation remaining system built, as built, insulated (assumed).
  • The lighting was updated from low energy lighting in 40% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Electric underfloor heating
Poor
Hot Water
Electric immersion, off-peak
Average
Walls
System built, as built, insulated (assumed)
Very Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E16 2QW

2 nd / 44
Price Rank
42% higher than average
11 th / 40
Size Rank
24% bigger than average
9 th / 40
Price Per Sq FT Rank
15% higher than average

Compared to other properties in E16 2QW , this flat's estimated value ranks 2nd out of 44. Based on price per square foot, it ranks 9th 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 11th out of 40 properties in its postcode area.

Sale History

Today
£696,160
streetscan.co.uk estimate
+55 %
31 Jan 2008
£450,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 915 sq ft
sale price: £442,500
sale date: 11 Sep 2025
rooms: 3
size: 969 sq ft
sale price: £425,000
sale date: 31 Oct 2023
rooms: 3
size: 893 sq ft
sale price: £380,000
sale date: 22 Jun 2018
rooms: 3
size: 807 sq ft
sale price: £408,000
sale date: 29 Sep 2016
rooms: 3
size: 980 sq ft
sale price: £400,000
sale date: 8 Jan 2015

Data Sources

The property at Flat 705, The Galley, 3 Basin Approach, London, Newham, Greater London, E16 2QW appears once in the Land Registry records, with the transaction recorded on 31 Jan 2008. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 4 May 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.