According to the public record, Flat 4, The Grainstore 4, London is a modern apartment with 775 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in The Grainstore, Western Gateway, London, E16.
Western Gateway, London, E16 is located in the borough of Newham within the E16 postal district.
Flat 4, The Grainstore 4, London has no recent1 records in the Land Registry database and a single entry in the EPC database dated May 2019.
We combine this information with public data 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 4 The Grainstore 4 London as £386,469 and the rental value as £2,221 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of Flat 4 The Grainstore 4 London has decreased by £1,890 (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 Flat 4, The Grainstore 4, London is in very good condition we estimate a sale value of £405,793 and rental value of £2,332 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £359,417 and a rental value of £2,065 per month.
If you were able to purchase this property for the estimated value of £386,469, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,899 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 4, The Grainstore 4, London was last sold on 06 Dec 2005 for £288,133 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, The Grainstore 4, London within a radius of 370 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, Flat 4, The Grainstore 4, London is the 604th largest and the 950th most expensive property on the street.
When compared to the postcode district it is £2k less expensive than the average property in E16.
Flat 4, The Grainstore 4, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 May 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 4, The Grainstore 4, London is Custom House (Elizabeth line) 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 Flat 4, The Grainstore 4, London, 58.1% of property is privately rented and 16.2% 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 4, The Grainstore 4, London, 7.3% of residents are recorded as possessing school level qualifications and 65.6% 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 4, The Grainstore 4, 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 4, The Grainstore 4, London, 1.9% 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 4, The Grainstore 4, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.