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According to the public record, Flat 706, The Galley 3 is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 1,102 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 706, The Galley 3 is £538,746 and the estimated rental value is £3,255 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 706, The Galley 3 has a single entry in the Land Registry from January 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 706, The Galley 3 is in very good condition we estimate a sale value of £565,684 and a rental value of £3,417 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £501,034 and a rental value of £3,027 per month.
Over the last 12 months the sale value of Flat 706 The Galley 3 has decreased by an estimated £16,807 (3.1%) and its rental value has increased by an estimated £159 per month (4.9%), giving an expected gross yield of 7.2%.
According to HM Land Registry, Flat 706, The Galley 3 was last sold on 31st January 2008 for £456,000 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 706, The Galley 3 within a radius of 280 metres over the last 2 years.
The most recent example is Flat 702, Fathom Court 2, Basin Approach, London, E16 2FF, a leasehold flat which sold for £460,000 on the 10th June 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 706, The Galley 3 is the 11th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £157k 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.
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