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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 4, Galyon Point 9 is £385,232 and the estimated rental value is £2,416 per month.
The apartment is within Galyon Point, Gallions Road, London, E16.
Gallions Road, London, E16 is located in the borough of Newham within the E16 postal district.
Flat 4, Galyon Point 9 has no records in the the Land Registry and a single entry in the EPC database dated May 2022.
We combine this information with public data 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 4, Galyon Point 9 is in very good condition we estimate a sale value of £404,494 and a rental value of £2,537 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £358,266 and a rental value of £2,247 per month.
Over the last 12 months the sale value of Flat 4 Galyon Point 9 has decreased by an estimated £12,231 (3.2%) and its rental value has increased by an estimated £109 per month (4.5%), giving an expected gross yield of 7.5%.
Flat 4, Galyon Point 9 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 May 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Galyon Point 9 within a radius of 300 metres over the last 2 years.
The most recent example is Flat 36, Galyon Point 9, Gallions Road, London, E16 2AH, a leasehold flat which sold for £386,000 on the 30th August 2022.
Read more about house prices in E16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gallions Road, London, E16 has a total of 263 addresses. According to our analysis of all the public data, Flat 4, Galyon Point 9 is the 195th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £3k more expensive than the average property in E16.
The nearest school is London Design and Engineering UTC which is 400 metres away. The nearest train station is Gallions Reach which is 200 metres away.
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