Flat 5, The Grainstore 3
Flat 5, The Grainstore 3
Description & Estimates
The public record describes Flat 5, The Grainstore 3 as a modern apartment with 430 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom with a balcony.
Flat 5, The Grainstore 3 has an estimated sale value of £197,795 and an estimated rental value of £1,235 per month, assuming reasonable condition and based on the information available.
The apartment sits within The Grainstore, Seagull Lane, London, E16.
Seagull Lane, London, E16 lies in the borough of Newham, within the E16 postal district.
Our Data Sources
Flat 5, The Grainstore 3 has no records in the the Land Registry and a single entry in the EPC database dated December 2021.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate Flat 5, The Grainstore 3 would be worth £207,684, with a potential rental value of £1,297 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £183,949, with a rental value of £1,149 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 5, The Grainstore 3 has fallen by £7,767 (3.9%) over the last year. During the same period, its estimated monthly rental value has moved up by £51 (4.1%). The property's estimated gross yield is currently 7.5%.
Energy Efficiency
Flat 5, The Grainstore 3 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Dec 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 300 metres of Flat 5, The Grainstore 3 across the last 2 years.
Most recently, Flat 11, The Grainstore 3, Seagull Lane, London, E16 1AZ, a leasehold flat, sold at £287,500 on the 11th November 2022.
Read more about house prices in E16.
- Sold Nov 2022£287,500 | 1 Bed FlatThe Grainstore 3, Seagull LaneFlat 11, The Grainstore 3, Seagull Lane, London, E16 1AZ
- Sold Jul 2018£126,000 | 1 Bed FlatThe Grainstore 3, Seagull LaneFlat 16, The Grainstore 3, Seagull Lane, London, E16 1AZ
- Sold Aug 2017£298,000 | 1 Bed FlatThe Grainstore 3, Seagull LaneFlat 21, The Grainstore 3, Seagull Lane, London, E16 1AZ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 5, The Grainstore 3 as the 532nd largest and the 559th most expensive of the 565 addresses on Seagull Lane, London, E16.
Against the E16 postcode district average, it is £184k less expensive than the typical property.
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Schools Nearby
- 600mHallsville Primary School
- 600mBritannia Village Primary School
- 600mSt Joachim's Catholic Primary School
- 500mOasis Academy Silvertown
- 800mRoyal Docks Academy
- 1.2kmRokeby School
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Public Transport Nearby
Royal Victoria station is the nearest stop to Flat 5, The Grainstore 3 at 300 metres away.
- 200mCustom House for ExCel
- 200mCustom House (Elizabeth line)
- 300mRoyal Victoria
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
