Flat 401, The Mast 2
Flat 401, The Mast 2
Description & Estimates
According to the public record, Flat 401, The Mast 2 is a modern leasehold apartment with 645 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 401, The Mast 2 is £342,651 and the estimated rental value is £2,146 per month.
The apartment is within The Mast, Albert Basin Way, London, E16.
Albert Basin Way, London, E16 is located in the borough of Newham within the E16 postal district.
Our Data Sources
Flat 401, The Mast 2 has a single entry in the Land Registry from August 2009 and a single entry in the EPC database dated July 2023.
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
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 401, The Mast 2 is in very good condition we estimate a sale value of £359,784 and a rental value of £2,253 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £318,666 and a rental value of £1,995 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 401, The Mast 2 has dropped by £12,370 (3.6%), while its estimated rental value has risen by £100 per month (4.6%). Based on current estimates, the property offers a gross rental yield of 7.5%.
Energy Efficiency
Flat 401, The Mast 2 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Jul 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric underfloor heating.
Sold Prices
According to HM Land Registry, Flat 401, The Mast 2 was last sold on 3rd August 2009 for £235,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2009, the market for similar properties has risen by 78.1%.
- Sold Aug 2009£235,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 401, The Mast 2 within a radius of 270 metres over the last 2 years.
The most recent example is Flat 601, The Helm 4, Basin Approach, London, E16 2QX, a leasehold flat which sold for £273,000 on the 20th March 2026.
Read more about house prices in E16.
- Sold Mar 2026£273,000 | 2 Bed FlatThe Helm 4, Basin ApproachFlat 601, The Helm 4, Basin Approach, London, E16 2QX
- Sold Mar 2026£220,000 | 2 Bed FlatThe Galley 3, Basin ApproachFlat 604, The Galley 3, Basin Approach, London, E16 2QW
- Sold Mar 2025£366,500 | 2 Bed FlatDrift Court 1, Basin ApproachFlat 106, Drift Court 1, Basin Approach, London, E16 2FE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Albert Basin Way, London, E16 has a total of 145 addresses. According to our analysis of all the public data, Flat 401, The Mast 2 is the 119th largest and the 130th most expensive property on the street.
When compared to the postcode district it is £39k less expensive than the average property in E16.
More reading links
Schools Nearby
- 800mGallions Primary School
- 1.0kmWinsor Primary School
- 1.5kmHeronsgate Primary School
- 600mLondon Design and Engineering UTC
- 1.5kmKingsford Community School
- 2.4kmWoolwich Polytechnic School
More reading links
Public Transport Nearby
The closest station to Flat 401, The Mast 2 is Gallions Reach station, which is 300 metres away.
- 300mGallions Reach
- 700mCyprus
- 900mKing George V
Available Internet Speeds
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
