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According to the public record, Flat 16A, The Grainstore 4 is a modern leasehold apartment with 968 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 16A, The Grainstore 4 is £438,094 and the estimated rental value is £2,680 per month.
The apartment is within The Grainstore, Western Gateway, London, E16.
Western Gateway, London, E16 is located in the borough of Newham within the E16 postal district.
Flat 16A, The Grainstore 4 has a single entry in the Land Registry from March 2014 and a single entry in the EPC database dated November 2019.
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.
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 Flat 16A, The Grainstore 4 is in very good condition we estimate a sale value of £459,999 and a rental value of £2,814 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £407,428 and a rental value of £2,492 per month.
Over the last 12 months the sale value of Flat 16A The Grainstore 4 has decreased by an estimated £13,667 (3.1%) and its rental value has increased by an estimated £131 per month (4.9%), giving an expected gross yield of 7.3%.
Flat 16A, The Grainstore 4 has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 Nov 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 16A, The Grainstore 4 was last sold on 21st March 2014 for £379,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2014, the market for similar properties has dropped 2.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 16A, The Grainstore 4 within a radius of 320 metres over the last 2 years.
The most recent example is Flat 32A, The Grainstore 4, Western Gateway, London, E16 1BA, a leasehold flat which sold for £395,000 on the 12th June 2024.
Read more about house prices in E16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Western Gateway, London, E16 has a total of 1467 addresses. According to our analysis of all the public data, Flat 16A, The Grainstore 4 is the 312th largest and the 643rd most expensive property on the street.
When compared to the postcode district it is £56k more expensive than the average property in E16.
The nearest school is Oasis Academy Silvertown which is 500 metres away. The nearest train station is Custom House (Elizabeth line) which is 200 metres away.
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