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Flat 41, Galyon Point 9 is described in the public record as a modern apartment with 947 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat 41, Galyon Point 9 is £495,283 and its rental estimate is £3,041 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.
Flat 41, 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.
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 41, Galyon Point 9, we estimate a market value of £520,047 and a rental value of £3,193 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £460,613 and £2,828 per month respectively.
Over the last year, Flat 41, Galyon Point 9 has seen its estimated sale value decline by £9,090 (1.8%) and its estimated rental value climb by £156 per month (5.1%). This results in an estimated gross rental yield of 7.4%.
Flat 41, 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.
Over the past 2 years 3 properties similar to Flat 41, 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 27th June 2022, was Flat 49, Galyon Point 9, Gallions Road, London, E16 2AH, a leasehold flat which sold for £600,000.
Read more about house prices in E16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 263 addresses on Gallions Road, London, E16, Flat 41, Galyon Point 9 comes out as the 52nd largest and the 4th most expensive in our analysis of the public data.
It is also £113k more expensive than the average property across the E16 district.
From Flat 41, Galyon Point 9, the nearest station is Gallions Reach, 200 metres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 41, Galyon Point 9, % of property is and % is .
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 41, Galyon Point 9, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 41, Galyon Point 9, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 41, Galyon Point 9, there are an average of 0.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.