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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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Public records show Flat 603, The Galley 3 to be a modern leasehold apartment with 527 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom with a balcony.
Flat 603, The Galley 3 has an estimated sale value of £338,149 and an estimated rental value of £2,098 per month, assuming reasonable condition and based on the information available.
The apartment sits within The Galley, Basin Approach, London, E16.
Basin Approach, London, E16 lies in the borough of Newham, within the E16 postal district.
Flat 603, The Galley 3 has a single entry in the Land Registry from February 2008 and a single entry in the EPC database dated May 2019.
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.
In very good condition, we estimate Flat 603, The Galley 3 would be worth £355,056, with a potential rental value of £2,203 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £314,478, with a rental value of £1,951 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 603, The Galley 3 has declined by £13,278 (3.9%) over the last year. During the same period, its estimated monthly rental value has climbed by £87 (4.1%). The property's estimated gross yield is currently 7.4%.
Flat 603, The Galley 3 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 May 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric underfloor heating.
Flat 603, The Galley 3 last changed hands on 20th February 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 28.4% since February 2008.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 280 metres of Flat 603, The Galley 3 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.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 603, The Galley 3 as the 179th largest and the 151st most expensive of the 184 addresses on Basin Approach, London, E16.
Against the E16 postcode district average, it is £44k less expensive than the typical property.
Gallions Reach station is the nearest stop to Flat 603, The Galley 3 at 200 metres away.
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.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 603, The Galley 3, % 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 603, The Galley 3, 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 603, The Galley 3, 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 603, The Galley 3, 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.
