14, Pier Way
14, Pier Way
Description & Estimates
14, Pier Way is recorded publicly as a modern leasehold apartment across 1,184 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 14, Pier Way is £502,490 and its rental estimate is £2,733 per month, given the available information and assuming reasonable condition.
Pier Way, London, SE28 falls within the SE28 postal district, in the borough of Greenwich.
Our Data Sources
14, 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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 14, Pier Way, we estimate a market value of £527,615 and a rental value of £2,870 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £467,316 and £2,542 per month respectively.
Recent Market Change
Over the last year, 14, Pier Way has seen its estimated sale value decrease by £20,284 (4.0%) and its estimated rental value grow by £76 per month (2.8%). This results in an estimated gross rental yield of 6.5%.
Energy Efficiency
14, 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
The most recent sale of 14, Pier Way completed on 21st December 2023 at £518,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 35.7% over the period since December 2023.
- Sold Dec 2023£518,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 14, Pier Way have sold within a radius of 340 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd February 2024, was 26, Vousden Grove, London, SE28 0PG, a leasehold flat which sold for £535,000.
Read more about house prices in SE28.
- Sold Feb 2024£535,000 | 3 Bed Flat26, Vousden Grove, London, SE28 0PG26, Vousden Grove, London, SE28 0PG
- Sold Dec 2023£540,000 | 3 Bed Flat18, Pier Way, London, SE28 0FH18, Pier Way, London, SE28 0FH
- Sold Dec 2023£510,000 | 3 Bed FlatFlat 301, Bevis House 2, Vousden Grove, London, SE28 0PGFlat 301, Bevis House 2, Vousden Grove, London, SE28 0PG
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 69 addresses on Pier Way, London, SE28, 14, Pier Way comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £191k more expensive than the average property across the SE28 district.
More reading links
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
From 14, Pier Way, the nearest station is Plumstead, 600 metres away.
- 600mPlumstead
- 800mWoolwich (Elizabeth line)
- 800mWoolwich
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
