Flat 404 The Galley, 3 Basin Approach

    FLAT 404 THE GALLEY, 3, BASIN APPROACH, LONDON, LONDON, E16 2QW

    This flat/maisonette leasehold property on Basin Approach last sold in February 2008 for £250,000. Based on price growth in the E16 district since then, its estimated current value is £398,403 — placing it in the 67th percentile nationally and the 32nd percentile within E16. The property covers 50 m² (538 sq ft), giving an estimated value of £7,968 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    538 sq ft

    50 m²

    Last Sale Price

    £250,000

    Feb 2008

    Estimated Valuation

    £398,403

    Est. £/sq ft

    £740/sq ft

    £7,968/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area538 sq ft (50 m²)
    EPC dateAug 2019
    WallsSystem built, as built, insulated (assumed)
    HeatingElectric underfloor heating

    Transaction History

    29 Feb 2008

    New build

    £250,000

    Key Metrics

    Estimated valuation£398,403
    Value per sq ft / m²£740/sq ft (£7,968/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    E16 district percentile32nd percentile
    National percentile67th 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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