Flat 2 K Warehouse, 2 Western Gateway

    FLAT 2 K WAREHOUSE, 2, WESTERN GATEWAY, LONDON, E16 1DR

    This flat/maisonette leasehold property on Western Gateway last sold in August 2009 for £250,000. Based on price growth in the E16 district since then, its estimated current value is £509,018 — placing it in the 80th percentile nationally and the 66th percentile within E16. The property covers 148 m² (1,593 sq ft), giving an estimated value of £3,439 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,593 sq ft

    148 m²

    Last Sale Price

    £250,000

    Aug 2009

    Estimated Valuation

    £509,018

    Est. £/sq ft

    £319/sq ft

    £3,439/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms4
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialC
    Floor area1,593 sq ft (148 m²)
    EPC dateFeb 2019
    WallsSolid brick, as built, no insulation (assumed)
    HeatingRoom heaters, electric

    Transaction History

    12 Aug 2009

    £250,000

    26 Nov 2004

    New build

    £218,000

    Key Metrics

    Estimated valuation£509,018
    Value per sq ft / m²£319/sq ft (£3,439/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    E16 district percentile66th percentile
    National percentile80th percentile

    District Context — E16

    E16 covers Canning Town, Custom House, and the wider docklands area of east London. It is a rapidly transforming neighbourhood with significant new residential development, appealing particularly to younger professionals and families seeking proximity to central London.

    Average Property Price - E16

    £477,152

    78

    National percentile

    Average Net Household Income - E16

    £35,151

    32

    National percentile

    10-Year Annualised Price Growth - E16

    3.3%

    38

    National percentile

    10-Year Annualised Rent Growth - E

    3.3%

    19

    National percentile

    View full analysis for E16

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