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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
According to the public record, Flat 65, The Grainstore 4 is a modern leasehold apartment with 1,829 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 65, The Grainstore 4 is £642,336 and the estimated rental value is £3,880 per month.
The apartment is within The Grainstore, Western Gateway, London, E16.
Western Gateway, London, E16 is located in the borough of Newham within the E16 postal district.
Flat 65, The Grainstore 4 has 21 entries in the Land Registry , most recently in August 2016 and a single entry in the EPC database dated August 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 65, The Grainstore 4 is in very good condition we estimate a sale value of £674,452 and a rental value of £4,075 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £597,372 and a rental value of £3,609 per month.
Over the last 12 months the sale value of Flat 65 The Grainstore 4 has decreased by an estimated £20,038 (3.1%) and its rental value has increased by an estimated £189 per month (4.9%), giving an expected gross yield of 7.2%.
Flat 65, The Grainstore 4 has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Aug 2022.
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 65, The Grainstore 4 was last sold on 12th August 2016 for £940,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since August 2016, the market for similar properties has dropped 20.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 65, The Grainstore 4 within a radius of 320 metres over the last 2 years.
The most recent example is Flat 68, The Grainstore 4, Western Gateway, London, E16 1BA, a leasehold flat which sold for £650,000 on the 25th September 2014.
Read more about house prices in E16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Western Gateway, London, E16 has a total of 1467 addresses. According to our analysis of all the public data, Flat 65, The Grainstore 4 is the 5th largest and the 43rd most expensive property on the street.
When compared to the postcode district it is £260k more expensive than the average property in E16.
The nearest school is Oasis Academy Silvertown which is 500 metres away. The nearest train station is Custom House (Elizabeth line) 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.
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