55, Pinnacle House 4
55, Pinnacle House 4
Description & Estimates
55, 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 55, 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
55, Pinnacle House 4 has 2 entries in the Land Registry , most recently in February 2022 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 55, 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, 55, Pinnacle House 4 has seen its estimated sale value decrease by £12,077 (3.9%) and its estimated rental value grow by £70 per month (4.1%). This results in an estimated gross rental yield of 6.6%.
Energy Efficiency
55, Pinnacle House 4 has an Energy Performance Rating (EPC) of C. 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 55, Pinnacle House 4 completed on 22nd February 2022 at £300,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 19.7% over the period since February 2022.
- Sold Feb 2022£300,000
- Sold Sep 2020£277,516
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 55, 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 Nov 2020£269,917 | 1 Bed FlatPinnacle House 4, Schooner Road22, 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, 55, Pinnacle House 4 comes out as the 334th largest and the 336th 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 55, 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.
