Flat 52, Galyon Point 9
Flat 52, Galyon Point 9
Description & Estimates
According to the public record, Flat 52, Galyon Point 9 is a modern leasehold apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 52, Galyon Point 9 is £385,232 and the estimated rental value is £2,416 per month.
The apartment is within Galyon Point, Gallions Road, London, E16.
Gallions Road, London, E16 is located in the borough of Newham within the E16 postal district.
Our Data Sources
Flat 52, Galyon Point 9 has a single entry in the Land Registry from June 2022 and a single entry in the EPC database dated May 2022.
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 52, Galyon Point 9 is in very good condition we estimate a sale value of £404,494 and a rental value of £2,537 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £358,266 and a rental value of £2,247 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 52, Galyon Point 9 has fallen by £12,231 (3.2%), while its estimated rental value has moved up by £109 per month (4.5%). Based on current estimates, the property offers a gross rental yield of 7.5%.
Energy Efficiency
Flat 52, 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.
Sold Prices
According to HM Land Registry, Flat 52, Galyon Point 9 was last sold on 20th June 2022 for £405,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2022, the market for similar properties has dropped by 24.9%.
- Sold Jun 2022£405,500
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 52, Galyon Point 9 within a radius of 300 metres over the last 2 years.
The most recent example is Flat 4, Grain Apartments 10, Silley Weir Promenade, London, E16 2AQ, a leasehold flat which sold for £420,000 on the 16th December 2022.
Read more about house prices in E16.
- Sold Dec 2022£420,000 | 2 Bed FlatGrain Apartments 10, Silley Weir PromenadeFlat 4, Grain Apartments 10, Silley Weir Promenade, London, E16 2AQ
- Sold Aug 2022£386,000 | 2 Bed FlatGalyon Point 9, Gallions RoadFlat 36, Galyon Point 9, Gallions Road, London, E16 2AH
- Sold Jul 2022£385,000 | 2 Bed FlatGalyon Point 9, Gallions RoadFlat 44, Galyon Point 9, Gallions Road, London, E16 2AH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Gallions Road, London, E16 has a total of 263 addresses. According to our analysis of all the public data, Flat 52, Galyon Point 9 is the 193rd largest and the 28th most expensive property on the street.
When compared to the postcode district it is £3k more expensive than the average property in E16.
More reading links
Schools Nearby
- 700mGallions Primary School
- 800mWinsor Primary School
- 1.5kmNorth Beckton Primary School
- 400mLondon Design and Engineering UTC
- 1.4kmKingsford Community School
- 2.5kmRoyal Greenwich Trust School
More reading links
Public Transport Nearby
The closest station to Flat 52, Galyon Point 9 is Gallions Reach station, which is 200 metres away.
- 200mGallions Reach
- 500mCyprus
- 800mKing George V
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
