Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
|
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
According to the public record, Flat 705, The Galley 3 is a modern leasehold apartment with 947 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 705, The Galley 3 is £491,672 and the estimated rental value is £3,019 per month.
The apartment is within The Galley, Basin Approach, London, E16.
Basin Approach, London, E16 is located in the borough of Newham within the E16 postal district.
Flat 705, The Galley 3 has a single entry in the Land Registry from January 2008 and a single entry in the EPC database dated May 2024.
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.
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 705, The Galley 3 is in very good condition we estimate a sale value of £516,255 and a rental value of £3,170 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £457,255 and a rental value of £2,808 per month.
Over the last 12 months the sale value of Flat 705 The Galley 3 has decreased by an estimated £15,338 (3.1%) and its rental value has increased by an estimated £147 per month (4.9%), giving an expected gross yield of 7.4%.
Flat 705, The Galley 3 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 May 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric underfloor heating.
According to HM Land Registry, Flat 705, The Galley 3 was last sold on 31st January 2008 for £450,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2008, the market for similar properties has risen 45.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 705, The Galley 3 within a radius of 280 metres over the last 2 years.
The most recent example is Flat 406, The Mast 2, Albert Basin Way, London, E16 2QZ, a leasehold flat which sold for £395,000 on the 14th November 2025.
Read more about house prices in E16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Basin Approach, London, E16 has a total of 184 addresses. According to our analysis of all the public data, Flat 705, The Galley 3 is the 40th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £110k more expensive than the average property in E16.
The nearest school is London Design and Engineering UTC which is 500 metres away. The nearest train station is Gallions Reach 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.
