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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Flat 1802, 12, Western Gateway is a modern leasehold apartment with 441 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1802, 12, Western Gateway is £339,633 and the estimated rental value is £1,752 per month.
The apartment is within 12, Western Gateway, London, E16.
Western Gateway, London, E16 is located in the borough of Newham within the E16 postal district.
Flat 1802, 12, Western Gateway has a single entry in the Land Registry from December 2018 and a single entry in the EPC database dated September 2018.
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.
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 1802, 12, Western Gateway is in very good condition we estimate a sale value of £356,614 and a rental value of £1,840 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £315,858 and a rental value of £1,629 per month.
Over the last 12 months the sale value of Flat 1802 12 Western Gateway has decreased by an estimated £13,336 (3.9%) and its rental value has increased by an estimated £72 per month (4.1%), giving an expected gross yield of 6.2%.
Flat 1802, 12, Western Gateway has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Sep 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
According to HM Land Registry, Flat 1802, 12, Western Gateway was last sold on 3rd December 2018 for £420,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2018, the market for similar properties has dropped 10.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1802, 12, Western Gateway within a radius of 260 metres over the last 2 years.
The most recent example is Apartment 1503, Galleria House 12B, Western Gateway, London, E16 1DA, a leasehold flat which sold for £368,640 on the 8th August 2023.
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 1802, 12, Western Gateway is the 1367th largest and the 1118th most expensive property on the street.
When compared to the postcode district it is £43k less expensive than the average property in E16.
The nearest school is Oasis Academy Silvertown which is 500 metres away. The nearest train station is Royal Victoria which is 300 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
