22, Pinnacle House 4
22, Pinnacle House 4
Description & Estimates
22, Pinnacle House 4 is recorded publicly as a modern leasehold apartment across 398 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom with a balcony.
Our estimate of the sale value of 22, Pinnacle House 4 is £307,558 and its rental estimate is £1,702 per month, given the available information and assuming reasonable condition.
Pinnacle House, Schooner Road is a residential building on Schooner Road, London, E16 and falls within the E16 postal district and the London Borough of Newham.
Our Data Sources
22, Pinnacle House 4 has a single entry in the Land Registry from November 2020 and a single entry in the EPC database dated July 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 22, Pinnacle House 4, we estimate a market value of £322,936 and a rental value of £1,787 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £286,029 and £1,583 per month respectively.
Recent Market Change
Over the last year, 22, Pinnacle House 4 has seen its estimated sale value decline by £12,077 (3.9%) and its estimated rental value climb by £70 per month (4.1%). This results in an estimated gross rental yield of 6.6%.
Energy Efficiency
22, Pinnacle House 4 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Jul 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Sold Prices
The most recent sale of 22, Pinnacle House 4 completed on 11th November 2020 at £269,917 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 20.4% over the period since November 2020.
- Sold Nov 2020£269,917
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 22, Pinnacle House 4 have sold within a radius of 180 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th March 2023, was 111, Pinnacle House 4, Schooner Road, London, E16 2RF, a leasehold flat which sold for £325,000.
Read more about house prices in E16.
- Sold Mar 2023£325,000 | 1 Bed FlatPinnacle House 4, Schooner Road111, Pinnacle House 4, Schooner Road, London, E16 2RF
- Sold Jul 2022£320,000 | 1 Bed FlatPinnacle House 4, Schooner Road83, Pinnacle House 4, Schooner Road, London, E16 2RF
- Sold Feb 2022£300,000 | 1 Bed FlatPinnacle House 4, Schooner Road55, Pinnacle House 4, Schooner Road, London, E16 2RE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 344 addresses on Schooner Road, London, E16, 22, Pinnacle House 4 comes out as the 337th largest and the 339th most expensive in our analysis of the public data.
It is also £75k less expensive than the average property across the E16 district.
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Schools Nearby
- 100mRoyal Wharf Primary School
- 400mBritannia Village Primary School
- 1.3kmWindrush Charlton Primary School
- 500mOasis Academy Silvertown
- 1.3kmRoyal Docks Academy
- 1.4kmRoyal Greenwich Trust School
More reading links
Public Transport Nearby
From 22, Pinnacle House 4, the nearest station is Pontoon Dock, 500 metres away.
- 500mPontoon Dock
- 500mWest Silvertown
- 1.1kmCustom House (Elizabeth line)
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
