Wellspring House, Seagull Lane
Key Building Insights
Wellspring House, Seagull Lane is a residential building situated on Seagull Lane, London, E16 with 101 addresses.
It ranks as the 694th largest and 668th most expensive of the 742 buildings in the E16 area. The most common property type is a modern flat built after 1980.
The building contains a total of 101 properties: 101 flats.
- Ave. Sale Price
- £459,736
- 10 Year change
- down 11.0%
- Ave. Rental Price
- £2,417pcm
- 10 Year change
- up 39.8%
- Ave. £ per ft²
- £761/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Key Building Insights
Wellspring House, Seagull Lane is a residential building situated on Seagull Lane, London, E16 with 101 addresses.
It ranks as the 694th largest and 668th most expensive of the 742 buildings in the E16 area. The most common property type is a modern flat built after 1980.
The building contains a total of 101 properties: 101 flats.
- Ave. Sale Price
- £459,736
- 10 Year change
- down 11.0%
- Ave. Rental Price
- £2,417pcm
- 10 Year change
- up 39.8%
- Ave. £ per ft²
- £761/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Explore Propertieson Seagull Lane, London, E16
Sales Market Trends
The last sale in Wellspring House, Seagull Lane sold for £138,000 on 28th March 2025. Since then prices are down an average of 5.2%.
The current average value in the building is £459,736.
The Wellspring House, Seagull Lane Sales Market has decreased by 11.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.2% | £459,736 |
| June 2025 | -3.7% | £479,961 |
| June 2024 | -1.4% | £498,651 |
| June 2023 | -1.9% | £505,947 |
| June 2022 | 0.2% | £515,626 |
| June 2021 | -0.8% | £514,681 |
| June 2020 | -0.5% | £518,817 |
| June 2019 | 0.6% | £521,663 |
| June 2018 | -1.1% | £518,705 |
| June 2017 | 1.5% | £524,369 |
| June 2016 | 7.7% | £516,738 |
| June 2015 | 9.9% | £479,696 |
| June 2014 | 25.5% | £436,522 |
| June 2013 | 1.1% | £347,799 |
| June 2012 | 2% | £343,977 |
| June 2011 | -0.7% | £337,120 |
| June 2010 | 11.6% | £339,408 |
| June 2009 | -18.7% | £304,071 |
| June 2008 | 0.6% | £374,156 |
| June 2007 | 0% | £372,082 |
Rental Market Trends
The current average rental value in the building is £2,417.
The Wellspring House, Seagull Lane Rental Market has increased by 39.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.1% | £2,417pcm |
| June 2025 | 0.1% | £2,321pcm |
| June 2024 | 4.1% | £2,319pcm |
| June 2023 | 17.5% | £2,227pcm |
| June 2022 | 14% | £1,896pcm |
| June 2021 | -5% | £1,664pcm |
| June 2020 | -0.3% | £1,752pcm |
| June 2019 | 3.6% | £1,757pcm |
| June 2018 | 0.5% | £1,695pcm |
| June 2017 | -2.5% | £1,687pcm |
| June 2016 | -1.8% | £1,729pcm |
| June 2015 | 5% | £1,761pcm |
| June 2014 | 1.6% | £1,678pcm |
| June 2013 | -3.3% | £1,651pcm |
| June 2012 | 7.6% | £1,708pcm |
| June 2011 | 8.3% | £1,588pcm |
| June 2010 | 4.9% | £1,466pcm |
| June 2009 | -11.2% | £1,397pcm |
| June 2008 | 10.4% | £1,573pcm |
| June 2007 | 0% | £1,424pcm |
Sales History
The last sale was on 28th March 2025 for £138,000 and since then the market in the area has decreased by 5.2%. 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.
- Sold Mar 2025£138,000 | 1 Bed FlatApartment 305, Wellspring House 11, Seagull Lane, London, E16 1EYApartment 305, Wellspring House 11, Seagull Lane, London, E16 1EY
- Sold Feb 2025£451,980 | 2 Bed FlatApartment 1104, Wellspring House 11, Seagull Lane, London, E16 1FLApartment 1104, Wellspring House 11, Seagull Lane, London, E16 1FL
- Sold Dec 2024£485,000 | 2 Bed FlatApartment 1001, Wellspring House 11, Seagull Lane, London, E16 1FLApartment 1001, Wellspring House 11, Seagull Lane, London, E16 1FL
- Sold Nov 2024£553,350 | 2 Bed FlatApartment 1206, Wellspring House 11, Seagull Lane, London, E16 1FLApartment 1206, Wellspring House 11, Seagull Lane, London, E16 1FL
- Sold Oct 2024£555,000 | 2 Bed FlatApartment 1306, Wellspring House 11, Seagull Lane, London, E16 1FLApartment 1306, Wellspring House 11, Seagull Lane, London, E16 1FL
Property Types
- 38 modern flats built after 1980
- 32 flats of an unknown age
- 31 other addresses of unknown type
- modern flat (38)
- flat (32)
- Unknown (31)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 38 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (38)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (63)
Top 3 Most Expensive Sales
- Sold Sep 2024£709,125 | 3 Bed FlatApartment 1403, Wellspring House 11, Seagull Lane, London, E16 1FLApartment 1403, Wellspring House 11, Seagull Lane, London, E16 1FL
- Sold Sep 2023£706,000 | 3 Bed FlatApartment 1101, Botanist House 7, Seagull Lane, London, E16 1DBApartment 1101, Botanist House 7, Seagull Lane, London, E16 1DB
- Sold Jun 2023£683,550 | 3 Bed FlatApartment 1401, Botanist House 7, Seagull Lane, London, E16 1DBApartment 1401, Botanist House 7, Seagull Lane, London, E16 1DB
Schools Nearby
- Hallsville Primary School500 m away
- Britannia Village Primary School700 m away
- St Luke's Primary School700 m away
- Oasis Academy Silvertown600 m away
- Royal Docks Academy1.0 km away
- Rokeby School1.1 km away
More reading links
Public Transport Nearby
The closest station to Wellspring House, Seagull Lane, London, E16 1EY is Royal Victoria station, which is 200 metres away.
- Royal Victoria|200 m away
- Custom House for ExCel|300 m away
- Custom House (Elizabeth line)|300 m away
- Canary Wharf (Elizabeth line)|500 m away
