Flat 802, The Galley, 3 Basin Approach, London, E16 2QW is a leasehold flat built between 2003-2006. The property offers approximately 1,130 square feet of living space and is situated on the 8th floor. In this location, apartments of similar size usually have four bedrooms.

The estimated current market value of the property is £604,268 , which equates to approximately £535 per square foot. It was last sold on 30 Jun 2009 for £300,000. Since then, the value has increased by £304,268, representing a 101.4% increase, or approximately 6.2% per year.

The current estimated value of £604,268 is:

  • 8.1% lower than the average property price on Basin Approach
  • 22.9% higher than the average in the E16 2QW postcode area
  • and 31.0% lower than the average price for London as a whole

At the most recent EPC inspection on 13 December 2019, the property was recorded as owner-occupied.

View sold house prices in E16 2QW

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
1130 sq ft
Tenure
Leasehold
Floor level
8th floor
Price (estimate)
£604,268
Price Per sq ft (estimate)
£535
Bedroom Count (estimate)
4 bedrooms

EPC Summary

Flat 802, The Galley, 3 Basin Approach, London, Newham, Greater London Authority, E16 2QW has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 13 Dec 2019.

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 21 Jul 2009, when the property was rated E. Since then, the rating has improved to C, with the energy efficiency score increasing by 69%.

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 roof construction or insulation changed from average thermal transmittance 0.17 w/m?k to flat, insulated (assumed), with no change in energy efficiency (good).
  • The wall construction or insulation changed from average thermal transmittance 0.20 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 40% of fixed outlets to low energy lighting in 52% of fixed outlets, with efficiency improving from average to good.
Heating Type
Electric underfloor heating
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Flat, insulated (assumed)
Good
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 52% of fixed outlets
Good

Compared to E16 2QW

9 th / 44
Price Rank
23% higher than average
3 rd / 40
Size Rank
47% bigger than average
32 nd / 40
Price Per Sq FT Rank
17% lower than average

Compared to other properties in E16 2QW , this flat's estimated value ranks 9th out of 44. Based on price per square foot, it ranks 32th 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 3rd out of 40 properties in its postcode area.

Sale History

Today
£604,268
streetscan.co.uk estimate
+101 %
30 Jun 2009
£300,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 969 sq ft
sale price: £425,000
sale date: 31 Oct 2023
rooms: 3
size: 980 sq ft
sale price: £400,000
sale date: 8 Jan 2015
rooms: 4
size: 1216 sq ft
sale price: £320,000
sale date: 30 Sep 2009
rooms: 3
size: 980 sq ft
sale price: £250,000
sale date: 10 Sep 2009
rooms: 4
size: 1141 sq ft
sale price: £300,000
sale date: 28 Aug 2009

Data Sources

The property at Flat 802, The Galley, 3 Basin Approach, London, Newham, Greater London Authority, E16 2QW appears once in the Land Registry records, with the transaction recorded on 30 Jun 2009. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 13 Dec 2019. 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.


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