Flat 7, The Grainstore 3
Flat 7, The Grainstore 3
Description & Estimates
According to the public record, Flat 7, The Grainstore 3 is a modern apartment with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 7, The Grainstore 3 is £260,357 and the estimated rental value is £1,616 per month.
The apartment is within The Grainstore, Seagull Lane, London, E16.
Seagull Lane, London, E16 is located in the borough of Newham within the E16 postal district.
Our Data Sources
Flat 7, The Grainstore 3 has no records in the the Land Registry and a single entry in the EPC database dated April 2018.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 7, The Grainstore 3 is in very good condition we estimate a sale value of £273,375 and a rental value of £1,696 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £242,132 and a rental value of £1,502 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 7, The Grainstore 3 has dropped by £9,399 (3.6%), while its estimated rental value has risen by £75 per month (4.6%). Based on current estimates, the property offers a gross rental yield of 7.4%.
Energy Efficiency
Flat 7, The Grainstore 3 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Apr 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
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 7, The Grainstore 3 within a radius of 300 metres over the last 2 years.
The most recent example is 108, Martindale Avenue, London, E16 3AB, a leasehold flat which sold for £325,000 on the 16th December 2022.
Read more about house prices in E16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Seagull Lane, London, E16 has a total of 565 addresses. According to our analysis of all the public data, Flat 7, The Grainstore 3 is the 221st largest and the 541st most expensive property on the street.
When compared to the postcode district it is £122k less expensive than the average property in E16.
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Schools Nearby
- 600mHallsville Primary School
- 600mBritannia Village Primary School
- 600mSt Joachim's Catholic Primary School
- 500mOasis Academy Silvertown
- 800mRoyal Docks Academy
- 1.2kmRokeby School
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Public Transport Nearby
The closest station to Flat 7, The Grainstore 3 is Royal Victoria station, which is 300 metres away.
- 200mCustom House for ExCel
- 200mCustom House (Elizabeth line)
- 300mRoyal Victoria
Available Internet Speeds
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
