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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 2, The Grainstore 3 is a modern apartment with 559 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, The Grainstore 3 is £231,513 and the estimated rental value is £1,470 per month.
The apartment is within The Grainstore, Seagull Lane, London, E16.
Seagull Lane, London, E16 is located in the borough of Newham within the E16 postal district.
Flat 2, The Grainstore 3 has no records in the the Land Registry and a single entry in the EPC database dated November 2014.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 2, The Grainstore 3 is in very good condition we estimate a sale value of £243,089 and a rental value of £1,544 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £215,307 and a rental value of £1,368 per month.
Over the last 12 months the sale value of Flat 2 The Grainstore 3 has decreased by an estimated £8,358 (3.6%) and its rental value has increased by an estimated £68 per month (4.6%), giving an expected gross yield of 7.6%.
Flat 2, The Grainstore 3 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Nov 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, The Grainstore 3 within a radius of 300 metres over the last 2 years.
The most recent example is Flat 15, The Grainstore 3, Seagull Lane, London, E16 1AZ, a leasehold flat which sold for £290,000 on the 13th November 2023.
Read more about house prices in E16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Seagull Lane, London, E16 has a total of 565 addresses. According to our analysis of all the public data, Flat 2, The Grainstore 3 is the 427th largest and the 548th most expensive property on the street.
When compared to the postcode district it is £151k 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.
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