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According to the public record, Flat 68, The Grainstore 4 is a modern leasehold apartment with 2,045 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 68, The Grainstore 4 is £685,298 and the estimated rental value is £4,140 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 68, The Grainstore 4 has 21 entries in the Land Registry , most recently in September 2014 and a single entry in the EPC database dated February 2024.
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 68, The Grainstore 4 is in very good condition we estimate a sale value of £719,563 and a rental value of £4,347 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £637,327 and a rental value of £3,850 per month.
Over the last 12 months the sale value of Flat 68 The Grainstore 4 has decreased by an estimated £21,378 (3.1%) and its rental value has increased by an estimated £202 per month (4.9%), giving an expected gross yield of 7.2%.
Flat 68, The Grainstore 4 has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Feb 2024.
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 68, The Grainstore 4 was last sold on 25th September 2014 for £650,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since September 2014, the market for similar properties has dropped 11.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 68, The Grainstore 4 within a radius of 320 metres over the last 2 years.
The most recent example is Flat 65, The Grainstore 4, Western Gateway, London, E16 1BA, a leasehold flat which sold for £940,000 on the 12th August 2016.
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 68, The Grainstore 4 is the 2nd largest and the 30th most expensive property on the street.
When compared to the postcode district it is £303k 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.
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