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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Flat 505, Drift Court 1 is a modern leasehold apartment with 865 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 505, Drift Court 1 is £386,835 and the estimated rental value is £2,409 per month.
The apartment is within Drift Court, Basin Approach, London, E16.
Basin Approach, London, E16 is located in the borough of Newham within the E16 postal district.
Flat 505, Drift Court 1 has a single entry in the Land Registry from January 2011 and a single entry in the EPC database dated November 2010.
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.
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 505, Drift Court 1 is in very good condition we estimate a sale value of £406,177 and a rental value of £2,530 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £359,757 and a rental value of £2,241 per month.
Over the last 12 months the sale value of Flat 505 Drift Court 1 has decreased by an estimated £12,068 (3.1%) and its rental value has increased by an estimated £118 per month (4.9%), giving an expected gross yield of 7.5%.
Flat 505, Drift Court 1 has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Nov 2010.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 505, Drift Court 1 was last sold on 13th January 2011 for £300,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2011, the market for similar properties has risen 67.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 505, Drift Court 1 within a radius of 260 metres over the last 2 years.
The most recent example is Flat 202, Drift Court 1, Basin Approach, London, E16 2FE, a leasehold flat which sold for £355,000 on the 20th March 2026.
Read more about house prices in E16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Basin Approach, London, E16 has a total of 184 addresses. According to our analysis of all the public data, Flat 505, Drift Court 1 is the 57th largest and the 79th most expensive property on the street.
When compared to the postcode district it is £5k more expensive than the average property in E16.
The nearest school is London Design and Engineering UTC which is 500 metres away. The nearest train station is Gallions Reach which is 200 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
