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Wellspring House Seagull Lane is a residential building situated on Seagull Lane, London, E16 with 101 addresses.
It ranks as the 693rd largest and 701st most expensive of the 741 buildings in the E16 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 101 properties: 101 flats.
Wellspring House Seagull Lane is a residential building situated on Seagull Lane, London, E16 with 101 addresses.
It ranks as the 693rd largest and 701st most expensive of the 741 buildings in the E16 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 101 properties: 101 flats.
Sale prices range from £341,282 for 1 bedroom leasehold flats with a balcony (403 ft2) to £694,110 for 3 bedroom leasehold flats with a balcony (1,097 ft2) .
Monthly rental prices range from £1,760 pcm for 1 bed flats to £3,464 pcm for 3 bed flats.
The gross rental yield is between 6.0% and 6.3%.
The average value per square foot is £734.
The last sale in Wellspring House Seagull Lane sold for £138,000 on 28th March 2025. Since then prices are down an average of 4.3%.
The current average value in the building is £476,516.
The Wellspring House Seagull Lane Sales Market has decreased by 10.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -3.7% | £476,516 |
| May 2025 | -3.5% | £494,607 |
| May 2024 | -1.1% | £512,722 |
| May 2023 | -1.7% | £518,437 |
| May 2022 | -0.2% | £527,138 |
| May 2021 | -0.5% | £528,321 |
| May 2020 | -0.8% | £531,225 |
| May 2019 | 0.6% | £535,499 |
| May 2018 | -0.3% | £532,243 |
| May 2017 | 0.6% | £533,695 |
| May 2016 | 8.4% | £530,438 |
| May 2015 | 11.3% | £489,270 |
| May 2014 | 24.4% | £439,406 |
| May 2013 | 0.2% | £353,330 |
| May 2012 | 2.7% | £352,664 |
| May 2011 | -1% | £343,283 |
| May 2010 | 10.9% | £346,726 |
| May 2009 | -19.4% | £312,559 |
| May 2008 | 3.8% | £387,988 |
| May 2007 | 0% | £373,799 |
The current average rental value in the building is £2,455.
The Wellspring House Seagull Lane Rental Market has increased by 40.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 4.7% | £2,455pcm |
| May 2025 | 0.4% | £2,345pcm |
| May 2024 | 4.7% | £2,335pcm |
| May 2023 | 18.4% | £2,229pcm |
| May 2022 | 12.9% | £1,883pcm |
| May 2021 | -6% | £1,668pcm |
| May 2020 | 0.5% | £1,776pcm |
| May 2019 | 3.5% | £1,768pcm |
| May 2018 | 0.3% | £1,708pcm |
| May 2017 | -2.6% | £1,703pcm |
| May 2016 | -1.4% | £1,749pcm |
| May 2015 | 5.4% | £1,773pcm |
| May 2014 | 0.7% | £1,682pcm |
| May 2013 | -2.9% | £1,671pcm |
| May 2012 | 8.6% | £1,722pcm |
| May 2011 | 7.8% | £1,585pcm |
| May 2010 | 3.5% | £1,470pcm |
| May 2009 | -10.2% | £1,421pcm |
| May 2008 | 11.2% | £1,582pcm |
| May 2007 | 0% | £1,423pcm |
The last sale was on 28th March 2025 for £138,000 and since then the market in the area has decreased by 4.3%. The building has had a total of 94 sales since 1995.
Wellspring House, Seagull Lane, London, E16 1EY has seen 94 sales in the last three years and no sales in the last twelve months.
The closest station to Wellspring House, Seagull Lane, London, E16 1EY is Royal Victoria station which is 200 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Wellspring House, Seagull Lane, London, E16 1EY, % of property is and % is .
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Wellspring House, Seagull Lane, London, E16 1EY, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Wellspring House, Seagull Lane, London, E16 1EY, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Wellspring House, Seagull Lane, London, E16 1EY, there are an average of 0.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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