56, Pier Way
56, Pier Way
Description & Estimates
56, Pier Way is described in the public record as a modern apartment with 452 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 56, Pier Way is £255,254 and its rental estimate is £1,665 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
56, Pier Way has no recent1 records in the the Land Registry and a single entry in the EPC database dated January 2013.
We combine this information with public data 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 56, Pier Way, we estimate a market value of £268,017 and a rental value of £1,748 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £237,386 and £1,548 per month respectively.
Recent Market Change
Over the last year, 56, Pier Way has seen its estimated sale value drop by £3,192 (1.3%) and its estimated rental value rise by £82 per month (4.9%). This results in an estimated gross rental yield of 7.8%.
Energy Efficiency
56, Pier Way has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Jan 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 56, Pier Way completed on 19th January 2005 at £165,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
- Sold Jan 2005£165,000
- Sold May 2002£114,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 56, Pier Way have sold within a radius of 390 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th February 2025, was 47, Erebus Drive, London, SE28 0GB, a leasehold flat which sold for £295,000.
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
Of the 69 addresses on Pier Way, London, SE28, 56, Pier Way comes out as the 69th largest and the 67th most expensive in our analysis of the public data.
It is also £56k less expensive than the average property across the SE28 district.
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Schools Nearby
- 400mHeronsgate Primary School
- 1.1kmSt Patrick's Catholic Primary School
- 1.1kmDiscovery Primary School
- 1.6kmLondon Design and Engineering UTC
- 1.6kmPlumstead Manor School
- 1.8kmSt Paul's Academy
More reading links
Public Transport Nearby
From 56, Pier Way, the nearest station is Woolwich (Elizabeth line), 800 metres away.
- 800mWoolwich (Elizabeth line)
- 800mPlumstead
- 800mWoolwich
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
