8, Pier Way
8, Pier Way
Description & Estimates
Public records show 8, Pier Way to be a modern leasehold apartment with 1,011 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
8, Pier Way has an estimated sale value of £460,995 and an estimated rental value of £2,508 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
8, Pier Way has a single entry in the Land Registry from February 2024 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 8, Pier Way would be worth £484,045, with a potential rental value of £2,633 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £428,725, with a rental value of £2,332 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 8, Pier Way has declined by £18,609 (4.0%) over the last year. During the same period, its estimated monthly rental value has climbed by £70 (2.8%). The property's estimated gross yield is currently 6.5%.
Energy Efficiency
8, 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
8, Pier Way last changed hands on 6th February 2024, selling for £505,000. 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 36.0% since February 2024.
- Sold Feb 2024£505,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 340 metres of 8, Pier Way across the last 2 years.
Most recently, Flat 401, Jutsum House 24, Vousden Grove, London, SE28 0PG, a leasehold flat, sold at £520,000 on the 7th June 2024.
Read more about house prices in SE28.
- Sold Jun 2024£520,000 | 3 Bed FlatJutsum House 24, Vousden GroveFlat 401, Jutsum House 24, Vousden Grove, London, SE28 0PG
- Sold Mar 2024£500,000 | 3 Bed FlatJutsum House 24, Vousden GroveFlat 301, Jutsum House 24, Vousden Grove, London, SE28 0PG
- Sold Feb 2024£530,000 | 3 Bed FlatVousden Grove22, Vousden Grove, London, SE28 0PG
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 8, Pier Way as the 4th largest and the 4th most expensive of the 69 addresses on Pier Way, London, SE28.
Against the SE28 postcode district average, it is £149k more expensive than the typical property.
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
Plumstead station is the nearest stop to 8, 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.
