According to the public record, Flat 8, The Oxygen 18, London is a modern leasehold apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom 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 8, The Oxygen 18, London has 4 entries in the Land Registry database, most recently in November 2021 and a single entry in the EPC database dated December 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 8 The Oxygen 18 London as £350,225 and the rental value as £1,799 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of Flat 8 The Oxygen 18 London has increased by £1,109 (0.3%) and its rental value has increased by £77 per month (4.3%).
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 8, The Oxygen 18, London is in very good condition we estimate a sale value of £367,736 and rental value of £1,889 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £325,709 and a rental value of £1,673 per month.
If you were able to purchase this property for the estimated value of £350,225, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,721 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 8, The Oxygen 18, London was last sold on 29 Nov 2021 for £317,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Nov 2021, the market for similar properties has dropped 0.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, The Oxygen 18, London within a radius of 280 metres over the last 2 years.
The most recent example is Flat 28, The Oxygen 17, Seagull Lane, London, E16 1BH, a Leasehold flat which sold for £305,000 in Mar 2024.
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 8, 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 8, The Oxygen 18, London is the 1107th largest and the 1090th most expensive property on the street.
When compared to the postcode district it is £38k less expensive than the average property in E16.
Flat 8, The Oxygen 18, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Dec 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 8, 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 8, 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 8, 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 8, 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 8, 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 8, 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.