According to the public record, Flat 32, The Oxygen 17, London is a modern leasehold apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in The Oxygen, Seagull Lane, London, E16.
Seagull Lane, London, E16 is located in the borough of Newham within the E16 postal district.
Flat 32, The Oxygen 17, London has a single entry in the Land Registry database from March 2022 and a single entry in the EPC database dated June 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 Flat 32 The Oxygen 17 London as £376,382 and the rental value as £2,164 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of Flat 32 The Oxygen 17 London has decreased by £1,189 (0.3%) and its rental value has increased by £75 per month (3.5%).
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 32, The Oxygen 17, London is in very good condition we estimate a sale value of £395,201 and rental value of £2,272 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £350,036 and a rental value of £2,013 per month.
If you were able to purchase this property for the estimated value of £376,382, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,850 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 32, The Oxygen 17, London was last sold on 11 Mar 2022 for £177,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2022, the market for similar properties has dropped 2.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 32, The Oxygen 17, London within a radius of 280 metres over the last 2 years.
The most recent example is Flat 44, The Oxygen 17, Seagull Lane, London, E16 1BH, a Leasehold flat which sold for £165,000 in Sep 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 32, The Oxygen 17, 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.
Seagull Lane, London, E16 has a total of 270 addresses. According to our analysis of all the public data, Flat 32, The Oxygen 17, London is the 63rd largest and the 99th most expensive property on the street.
When compared to the postcode district it is £12k less expensive than the average property in E16.
Flat 32, The Oxygen 17, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Jun 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 32, The Oxygen 17, 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 32, The Oxygen 17, London, 44.6% of property is shared ownership and 26.1% 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 Flat 32, The Oxygen 17, London, 14.3% of residents are recorded as possessing school level qualifications and 70.0% 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 32, The Oxygen 17, 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 32, The Oxygen 17, London, 1.7% 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 32, The Oxygen 17, 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.