302, Gateway Tower 28, London has a single entry in the Land Registry database from July 2018 and a single entry in the EPC database dated April 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
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 302, Gateway Tower 28, London is in very good condition we estimate a sale value of £580,964 and rental value of £2,446 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £514,568 and a rental value of £2,167 per month.
If you were able to purchase this property for the estimated value of £553,299, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,719 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 302, Gateway Tower 28, London was last sold on 27 Jul 2018 for £570,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2018, the market for similar properties has dropped 2.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 302, Gateway Tower 28, London within a radius of 340 metres over the last 2 years.
The most recent example is 2006, Gateway Tower 28, Western Gateway, London, E16 1YN, a Leasehold flat which sold for £550,000 in Mar 2023.
Read more about house prices in E16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let of a property similar to 302, Gateway Tower 28, London within a radius of 340 metres over the last 2 years.
Most recently 706, Gateway Tower 28, Western Gateway, London, E16 1YL, a Leasehold flat let by Saint Andrews Bureau in Mar 2024.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Western Gateway, London, E16 has a total of 1398 addresses. According to our analysis of all the public data, 302, Gateway Tower 28, London is the 385th largest and the 314th most expensive property on the street.
When compared to the postcode district it is £165k more expensive than the average property in E16.
302, Gateway Tower 28, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Apr 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
According to the public record, 302, Gateway Tower 28, London is a modern leasehold apartment with 925 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Gateway Tower, Western Gateway, London, E16.
Western Gateway, London, E16 is located in the borough of Newham within the E16 postal district.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 302 Gateway Tower 28 London as £553,299 and the rental value as £2,330 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 302 Gateway Tower 28 London has decreased by £9,440 (1.7%) and its rental value has increased by £47 per month (2.0%).
The closest station to 302, Gateway Tower 28, London is Royal Victoria station which is 200 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 302, Gateway Tower 28, London, 40.5% of property is privately rented and 33.3% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 302, Gateway Tower 28, London, 24.6% of residents are recorded as possessing school level qualifications and 31.7% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 302, Gateway Tower 28, London, the average age was 33.3 and the most common age was 27.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 302, Gateway Tower 28, London, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 302, Gateway Tower 28, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.