According to the public record, Flat 168, The Oxygen 18, London is a modern leasehold apartment with 1,227 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in The Oxygen, Western Gateway, London, E16.
Western Gateway, London, E16 is located in the borough of Newham within the E16 postal district.
Flat 168, The Oxygen 18, London has 2 entries in the Land Registry database, most recently in December 2022 and a single entry in the EPC database dated May 2020.
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 Flat 168 The Oxygen 18 London as £607,255 and the rental value as £2,958 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of Flat 168 The Oxygen 18 London has decreased by £12,323 (2.0%) and its rental value has increased by £54 per month (1.8%).
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 168, The Oxygen 18, London is in very good condition we estimate a sale value of £637,618 and rental value of £3,106 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £564,747 and a rental value of £2,751 per month.
If you were able to purchase this property for the estimated value of £607,255, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,984 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, Flat 168, The Oxygen 18, London was last sold on 12 Dec 2022 for £771,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2022, the market for similar properties has dropped 1.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 168, The Oxygen 18, London within a radius of 280 metres over the last 2 years.
The most recent example is Flat 33, Aegean Apartments 19, Western Gateway, London, E16 1AR, a Leasehold flat which sold for £680,000 in Dec 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 within a 280 metres radius of Flat 168, The Oxygen 18, London 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.
Western Gateway, London, E16 has a total of 1398 addresses. According to our analysis of all the public data, Flat 168, The Oxygen 18, London is the 85th largest and the 105th most expensive property on the street.
When compared to the postcode district it is £219k more expensive than the average property in E16.
Flat 168, The Oxygen 18, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 26 May 2020.
The property is not connected to mains gas and has fully triple glazed windows. It is heated using a community scheme.
The closest station to Flat 168, The Oxygen 18, London is Royal Victoria station which is 100 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 Flat 168, The Oxygen 18, London, 76.5% of property is privately rented and 11.1% 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 Flat 168, The Oxygen 18, London, 10.6% of residents are recorded as possessing school level qualifications and 77.0% 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 Flat 168, The Oxygen 18, 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 Flat 168, The Oxygen 18, 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 Flat 168, The Oxygen 18, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.