Our Data Sources
Apartment 1502, Wellspring House 11 has a single entry in the Land Registry from September 2024 and a single entry in the EPC database dated June 2024.
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
In very good condition, we estimate Apartment 1502, Wellspring House 11 would be worth £461,533, with a potential rental value of £2,452 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £408,786, with a rental value of £2,172 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Energy Efficiency
Apartment 1502, Wellspring House 11 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 Jun 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Sold Prices
Apartment 1502, Wellspring House 11 last changed hands on 11th September 2024, selling for £453,482. 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 18.0% since September 2024.
- Sold Sep 2024£453,482
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 218 sales of comparable properties within 220 metres of Apartment 1502, Wellspring House 11 across the last 2 years.
Most recently, Apartment 904, Wellspring House 11, Seagull Lane, London, E16 1EY, a leasehold flat, sold at £437,095 on the 2nd October 2024.
Read more about house prices in E16.
- Sold Oct 2024£437,095 | 2 Bed FlatApartment 904, Wellspring House 11, Seagull Lane, London, E16 1EYApartment 904, Wellspring House 11, Seagull Lane, London, E16 1EY
- Sold Sep 2024£509,675 | 2 Bed FlatApartment 1404, Wellspring House 11, Seagull Lane, London, E16 1FLApartment 1404, Wellspring House 11, Seagull Lane, London, E16 1FL
- Sold Sep 2024£461,415 | 2 Bed FlatApartment 1504, Wellspring House 11, Seagull Lane, London, E16 1FLApartment 1504, Wellspring House 11, Seagull Lane, London, E16 1FL
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Apartment 1502, Wellspring House 11 as the 393rd largest and the 197th most expensive of the 565 addresses on Seagull Lane, London, E16.
Against the E16 postcode district average, it is £55k more expensive than the typical property.
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Schools Nearby
- Hallsville Primary School500 m away
- Britannia Village Primary School700 m away
- St Luke's Primary School700 m away
- Oasis Academy Silvertown600 m away
- Royal Docks Academy1.0 km away
- Rokeby School1.1 km away
More reading links
Public Transport Nearby
- Royal Victoria|200 m away
- Custom House for ExCel|300 m away
- Custom House (Elizabeth line)|300 m away
Risk of Flooding
Environment Agency data suggests this area has a Very Low risk of flooding.
