Flat 404 Drift Court, 1 Basin Approach

    FLAT 404 DRIFT COURT, 1, BASIN APPROACH, LONDON, E16 2FE

    This flat/maisonette leasehold property on Basin Approach last sold in January 2011 for £250,000. Based on price growth in the E16 district since then, its estimated current value is £488,623 — placing it in the 78th percentile nationally and the 61st percentile within E16. The property covers 82 m² (883 sq ft), giving an estimated value of £5,959 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    883 sq ft

    82 m²

    Last Sale Price

    £250,000

    Jan 2011

    Estimated Valuation

    £488,623

    Est. £/sq ft

    £554/sq ft

    £5,959/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area883 sq ft (82 m²)
    EPC dateAug 2020
    WallsSystem built, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    14 Jan 2011

    New build

    £250,000

    Key Metrics

    Estimated valuation£488,623
    Value per sq ft / m²£554/sq ft (£5,959/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    E16 district percentile61st percentile
    National percentile78th 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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