Flat 40, Galyon Point 9
Flat 40, Galyon Point 9
Description & Estimates
Flat 40, Galyon Point 9 is recorded publicly as a modern leasehold apartment across 559 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 40, Galyon Point 9 is £357,458 and its rental estimate is £2,270 per month, given the available information and assuming reasonable condition.
Galyon Point, Gallions Road is a residential building on Gallions Road, London, E16 and falls within the E16 postal district and the London Borough of Newham.
Our Data Sources
Flat 40, Galyon Point 9 has a single entry in the Land Registry from July 2022 and a single entry in the EPC database dated May 2022.
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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 40, Galyon Point 9, we estimate a market value of £375,331 and a rental value of £2,384 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £332,436 and £2,111 per month respectively.
Recent Market Change
Over the last year, Flat 40, Galyon Point 9 has seen its estimated sale value decrease by £11,350 (3.2%) and its estimated rental value grow by £102 per month (4.5%). This results in an estimated gross rental yield of 7.6%.
Energy Efficiency
Flat 40, 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.
Sold Prices
The most recent sale of Flat 40, Galyon Point 9 completed on 1st July 2022 at £358,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 25.3% over the period since July 2022.
- Sold Jul 2022£358,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 40, Galyon Point 9 have sold within a radius of 300 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th November 2024, was Flat 29, Galyon Point 9, Gallions Road, London, E16 2AH, a leasehold flat which sold for £330,000.
Read more about house prices in E16.
- Sold Nov 2024£330,000 | 2 Bed FlatGalyon Point 9, Gallions RoadFlat 29, Galyon Point 9, Gallions Road, London, E16 2AH
- Sold Jul 2022£375,000 | 2 Bed FlatGalyon Point 9, Gallions RoadFlat 56, Galyon Point 9, Gallions Road, London, E16 2AH
- Sold Jun 2022£350,000 | 2 Bed FlatGalyon Point 9, Gallions RoadFlat 32, Galyon Point 9, Gallions Road, London, E16 2AH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 263 addresses on Gallions Road, London, E16, Flat 40, Galyon Point 9 comes out as the 231st largest and the 87th most expensive in our analysis of the public data.
It is also £25k less expensive than the average property across the E16 district.
More reading links
Schools Nearby
- 700mGallions Primary School
- 800mWinsor Primary School
- 1.5kmNorth Beckton Primary School
- 400mLondon Design and Engineering UTC
- 1.4kmKingsford Community School
- 2.5kmRoyal Greenwich Trust School
More reading links
Public Transport Nearby
From Flat 40, Galyon Point 9, the nearest station is Gallions Reach, 200 metres away.
- 200mGallions Reach
- 500mCyprus
- 800mKing George V
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
