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According to the public record, Flat 3, K Warehouse 2 is a modern leasehold apartment with 1,732 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 3, K Warehouse 2 is £715,748 and the estimated rental value is £4,030 per month.
The apartment is within K Warehouse, Western Gateway, London, E16.
Western Gateway, London, E16 is located in the borough of Newham within the E16 postal district.
Flat 3, K Warehouse 2 has 21 entries in the Land Registry , most recently in March 2010 and a single entry in the EPC database dated September 2020.
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 3, K Warehouse 2 is in very good condition we estimate a sale value of £751,536 and a rental value of £4,231 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £665,646 and a rental value of £3,748 per month.
Over the last 12 months the sale value of Flat 3 K Warehouse 2 has decreased by an estimated £22,328 (3.1%) and its rental value has increased by an estimated £197 per month (4.9%), giving an expected gross yield of 6.8%.
Flat 3, K Warehouse 2 has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Sep 2020.
The property is not connected to mains gas and has partial double glazing. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 3, K Warehouse 2 was last sold on 24th March 2010 for £470,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since March 2010, the market for similar properties has risen 22.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, K Warehouse 2 within a radius of 350 metres over the last 2 years.
The most recent example is Flat 64, Coral Apartments 17, Western Gateway, London, E16 1AQ, a leasehold flat which sold for £920,000 on the 30th July 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 3, K Warehouse 2 is the 7th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £334k more expensive than the average property in E16.
The nearest school is St Joachim's Catholic Primary School which is 500 metres away. The nearest train station is Custom House (Elizabeth line) which is 100 metres away.
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