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By comparing it to neighbours, we estimate that it is a modern apartment with 1,005 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 243, Wards Wharf Approach is £474,416 and the estimated rental value is £2,864 per month.
Wards Wharf Approach, London, E16 is located in the borough of Newham within the E16 postal district.
243, Wards Wharf Approach has 21 entries in the Land Registry , most recently in September 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 243, Wards Wharf Approach is in very good condition we estimate a sale value of £498,137 and a rental value of £3,008 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £441,207 and a rental value of £2,664 per month.
Over the last 12 months the sale value of 243 Wards Wharf Approach has decreased by an estimated £11,979 (2.5%) and its rental value has increased by an estimated £166 per month (5.8%), giving an expected gross yield of 7.2%.
According to HM Land Registry, 243, Wards Wharf Approach was last sold on 18th September 2007 for £480,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since September 2007, the market for similar properties has risen 8.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 243, Wards Wharf Approach within a radius of 510 metres over the last 2 years.
The most recent example is 251, Wards Wharf Approach, London, E16 2EQ, a leasehold flat which sold for £390,000 on the 13th September 2024.
Read more about house prices in E16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wards Wharf Approach, London, E16 has a total of 251 addresses. According to our analysis of all the public data, 243, Wards Wharf Approach is the 46th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £94k more expensive than the average property in E16.
The nearest school is Drew Primary School which is 680 metres away. The nearest train station is Pontoon Dock which is 400 metres away.
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