12, Pier Way
12, Pier Way
Description & Estimates
Public records show 12, Pier Way to be a modern leasehold apartment with 1,227 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
12, Pier Way has an estimated sale value of £513,057 and an estimated rental value of £2,791 per month, assuming reasonable condition and based on the information available.
Pier Way, London, SE28 lies in the borough of Greenwich, within the SE28 postal district.
Our Data Sources
12, Pier Way has a single entry in the Land Registry from December 2023 and a single entry in the EPC database dated December 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 12, Pier Way would be worth £538,710, with a potential rental value of £2,930 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £477,143, with a rental value of £2,595 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 12, Pier Way has moved down by £20,711 (4.0%) over the last year. During the same period, its estimated monthly rental value has increased by £77 (2.8%). The property's estimated gross yield is currently 6.5%.
Energy Efficiency
12, Pier Way has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Dec 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Sold Prices
12, Pier Way last changed hands on 21st December 2023, selling for £550,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 35.7% since December 2023.
- Sold Dec 2023£550,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 340 metres of 12, Pier Way across the last 2 years.
Most recently, 22, Vousden Grove, London, SE28 0PG, a leasehold flat, sold at £530,000 on the 29th February 2024.
Read more about house prices in SE28.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 12, Pier Way as the largest and the most expensive of the 69 addresses on Pier Way, London, SE28.
Against the SE28 postcode district average, it is £201k more expensive than the typical property.
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Schools Nearby
- 100mHeronsgate Primary School
- 800mSt Patrick's Catholic Primary School
- 1.0kmSouth Rise Primary School
- 1.3kmPlumstead Manor School
- 1.7kmSt Paul's Academy
- 1.8kmLondon Design and Engineering UTC
More reading links
Public Transport Nearby
Plumstead station is the nearest stop to 12, Pier Way at 600 metres away.
- 600mPlumstead
- 800mWoolwich (Elizabeth line)
- 800mWoolwich
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
