Flat 504, The Mast 2
Flat 504, The Mast 2
Description & Estimates
Public records show Flat 504, The Mast 2 to be a modern leasehold apartment with 516 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom with a balcony.
Flat 504, The Mast 2 has an estimated sale value of £296,557 and an estimated rental value of £1,843 per month, assuming reasonable condition and based on the information available.
The apartment sits within The Mast, Albert Basin Way, London, E16.
Albert Basin Way, London, E16 lies in the borough of Newham, within the E16 postal district.
Our Data Sources
Flat 504, The Mast 2 has a single entry in the Land Registry from January 2008 and a single entry in the EPC database dated August 2020.
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
In very good condition, we estimate Flat 504, The Mast 2 would be worth £311,385, with a potential rental value of £1,935 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £275,798, with a rental value of £1,714 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 504, The Mast 2 has declined by £11,645 (3.9%) over the last year. During the same period, its estimated monthly rental value has climbed by £76 (4.1%). The property's estimated gross yield is currently 7.5%.
Energy Efficiency
Flat 504, The Mast 2 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Aug 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric underfloor heating.
Sold Prices
Flat 504, The Mast 2 last changed hands on 2nd January 2008, selling for £250,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 27.8% since January 2008.
- Sold Jan 2008£250,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 270 metres of Flat 504, The Mast 2 across the last 2 years.
Most recently, Flat 601, The Helm 4, Basin Approach, London, E16 2QX, a leasehold flat, sold at £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 Feb 2026£260,000 | 2 Bed FlatDrift Court 1, Basin ApproachFlat 403, Drift Court 1, Basin Approach, London, E16 2FE
- Sold Oct 2024£290,000 | 1 Bed FlatThe Mast 2, Albert Basin WayFlat 603, The Mast 2, Albert Basin Way, London, E16 2QZ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 504, The Mast 2 as the 142nd largest and the 145th most expensive of the 145 addresses on Albert Basin Way, London, E16.
Against the E16 postcode district average, it is £86k less expensive than the typical property.
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
Gallions Reach station is the nearest stop to Flat 504, The Mast 2 at 300 metres away.
- 300mGallions Reach
- 700mCyprus
- 900mKing George V
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.
