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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
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According to the public record, Flat 902, 12, Western Gateway is a modern leasehold apartment with 742 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 902, 12, Western Gateway is £486,810 and the estimated rental value is £2,459 per month.
The apartment is within 12, Western Gateway, London, E16.
Western Gateway, London, E16 is located in the borough of Newham within the E16 postal district.
Flat 902, 12, Western Gateway has a single entry in the Land Registry from November 2018 and a single entry in the EPC database dated September 2018.
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 902, 12, Western Gateway is in very good condition we estimate a sale value of £511,150 and a rental value of £2,582 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £452,733 and a rental value of £2,287 per month.
Over the last 12 months the sale value of Flat 902 12 Western Gateway has decreased by an estimated £15,480 (3.2%) and its rental value has increased by an estimated £142 per month (5.8%), giving an expected gross yield of 6.1%.
Flat 902, 12, Western Gateway has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Sep 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
According to HM Land Registry, Flat 902, 12, Western Gateway was last sold on 29th November 2018 for £605,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since November 2018, the market for similar properties has dropped 21.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 902, 12, Western Gateway within a radius of 260 metres over the last 2 years.
The most recent example is Apartment 406, Galleria House 12B, Western Gateway, London, E16 1BB, a leasehold flat which sold for £525,450 on the 4th July 2023.
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 902, 12, Western Gateway is the 712th largest and the 439th most expensive property on the street.
When compared to the postcode district it is £107k more expensive than the average property in E16.
The nearest school is Oasis Academy Silvertown which is 524 metres away. The nearest train station is Royal Victoria which is 300 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.
