88, Discovery Tower 1
88, Discovery Tower 1
Description & Estimates
88, Discovery Tower 1 is recorded publicly as a modern leasehold apartment across 559 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of 88, Discovery Tower 1 is £380,968 and its rental estimate is £2,165 per month, given the available information and assuming reasonable condition.
Discovery Tower, Terry Spinks Place is a residential building on Terry Spinks Place, London, E16 and falls within the E16 postal district and the London Borough of Newham.
Our Data Sources
88, Discovery Tower 1 has a single entry in the Land Registry from March 2018 and a single entry in the EPC database dated August 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.
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 88, Discovery Tower 1, we estimate a market value of £400,016 and a rental value of £2,273 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £354,300 and £2,013 per month respectively.
Recent Market Change
Over the last year, 88, Discovery Tower 1 has seen its estimated sale value decrease by £13,754 (3.6%) and its estimated rental value grow by £101 per month (4.6%). This results in an estimated gross rental yield of 6.8%.
Energy Efficiency
88, Discovery Tower 1 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Aug 2017.
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 88, Discovery Tower 1 completed on 20th March 2018 at £389,075 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 23.2% over the period since March 2018.
- Sold Mar 2018£389,075
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 88, Discovery Tower 1 have sold within a radius of 240 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th August 2025, was 53, Discovery Tower 1, Terry Spinks Place, London, E16 1YG, a leasehold flat which sold for £370,000.
Read more about house prices in E16.
- Sold Aug 2025£370,000 | 2 Bed FlatDiscovery Tower 1, Terry Spinks Place53, Discovery Tower 1, Terry Spinks Place, London, E16 1YG
- Sold Jan 2025£412,000 | 1 Bed FlatCharles Darwin House 17, Minnie Baldock Street54, Charles Darwin House 17, Minnie Baldock Street, London, E16 1YE
- Sold Nov 2024£350,000 | 2 Bed FlatDiscovery Tower 1, Terry Spinks Place48, Discovery Tower 1, Terry Spinks Place, London, E16 1YG
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 160 addresses on Terry Spinks Place, London, E16, 88, Discovery Tower 1 comes out as the 146th largest and the 150th most expensive in our analysis of the public data.
It is also £1k less expensive than the average property across the E16 district.
More reading links
Schools Nearby
- 400mSt Luke's Primary School
- 600mHallsville Primary School
- 700mStar Primary School
- 600mRokeby School
- 800mEastlea Community School
- 1.5kmLangdon Park Community School
More reading links
Public Transport Nearby
From 88, Discovery Tower 1, the nearest station is Star Lane, 400 metres away.
- 200mCanning Town
- 700mStar Lane
- 900mRoyal Victoria
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
