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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Public records show 157, Discovery Tower 1 to be a modern leasehold apartment with 775 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a balcony.
157, Discovery Tower 1 has an estimated sale value of £469,938 and an estimated rental value of £2,576 per month, assuming reasonable condition and based on the information available.
The apartment sits within Discovery Tower, Terry Spinks Place, London, E16.
Terry Spinks Place, London, E16 lies in the borough of Newham, within the E16 postal district.
157, Discovery Tower 1 has a single entry in the Land Registry from May 2018 and a single entry in the EPC database dated October 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
In very good condition, we estimate 157, Discovery Tower 1 would be worth £493,435, with a potential rental value of £2,704 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £437,042, with a rental value of £2,395 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 157, Discovery Tower 1 has moved down by £16,966 (3.6%) over the last year. During the same period, its estimated monthly rental value has increased by £120 (4.6%). The property's estimated gross yield is currently 6.6%.
157, Discovery Tower 1 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Oct 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
157, Discovery Tower 1 last changed hands on 11th May 2018, selling for £550,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 22.9% since May 2018.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 240 metres of 157, Discovery Tower 1 across the last 2 years.
Most recently, 122, Discovery Tower 1, Terry Spinks Place, London, E16 1YH, a leasehold flat, sold at £500,000 on the 13th October 2025.
Read more about house prices in E16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 157, Discovery Tower 1 as the 75th largest and the 67th most expensive of the 160 addresses on Terry Spinks Place, London, E16.
Against the E16 postcode district average, it is £88k more expensive than the typical property.
Star Lane station is the nearest stop to 157, Discovery Tower 1 at 400 metres away.
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 157, Discovery Tower 1, % 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 157, Discovery Tower 1, 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 157, Discovery Tower 1, 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 157, Discovery Tower 1, 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.
