According to the public record, Apartment 126, Westgate Apartments 14, London 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.
The apartment is in Westgate Apartments, Western Gateway, London, E16.
Western Gateway, London, E16 is located in the borough of Newham within the E16 postal district.
Apartment 126, Westgate Apartments 14, London has 2 entries in the Land Registry database, most recently in April 2022 and a single entry in the EPC database dated September 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Apartment 126 Westgate Apartments 14 London as £392,005 and the rental value as £2,201 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of Apartment 126 Westgate Apartments 14 London has decreased by £1,917 (0.5%) and its rental value has increased by £76 per month (3.4%).
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 Apartment 126, Westgate Apartments 14, London is in very good condition we estimate a sale value of £411,605 and rental value of £2,311 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £364,564 and a rental value of £2,047 per month.
If you were able to purchase this property for the estimated value of £392,005, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,927 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, Apartment 126, Westgate Apartments 14, London was last sold on 22 Apr 2022 for £390,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2022, the market for similar properties has dropped 1.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 126, Westgate Apartments 14, London within a radius of 360 metres over the last 2 years.
The most recent example is Apartment 180, Westgate Apartments 14, Western Gateway, London, E16 1BN, a Leasehold flat which sold for £383,000 in Oct 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 1398 addresses. According to our analysis of all the public data, Apartment 126, Westgate Apartments 14, London is the 676th largest and the 916th most expensive property on the street.
When compared to the postcode district it is £4k more expensive than the average property in E16.
Apartment 126, Westgate Apartments 14, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Sep 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using elecric underfloor heating.
The closest station to Apartment 126, Westgate Apartments 14, 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 Apartment 126, Westgate Apartments 14, London, 53.2% of property is socially rented and 28.1% is privately rented.
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 Apartment 126, Westgate Apartments 14, London, 34.1% of residents are recorded as possessing school level qualifications and 45.9% 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 Apartment 126, Westgate Apartments 14, 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 Apartment 126, Westgate Apartments 14, 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 Apartment 126, Westgate Apartments 14, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.