Apartment 204, Eastern Building 2
Apartment 204, Eastern Building 2
Description & Estimates
Apartment 204, Eastern Building 2 is recorded publicly as a modern leasehold apartment across 548 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Apartment 204, Eastern Building 2 is £886,535 and its rental estimate is £2,574 per month, given the available information and assuming reasonable condition.
Eastern Building, Triptych Place is a residential building on Triptych Place, London, SE1 and falls within the SE1 postal district and the London Borough of Southwark.
Our Data Sources
Apartment 204, Eastern Building 2 has a single entry in the Land Registry from August 2023 and a single entry in the EPC database dated June 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 Apartment 204, Eastern Building 2, we estimate a market value of £930,862 and a rental value of £2,703 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £824,478 and £2,394 per month respectively.
Recent Market Change
Over the last year, Apartment 204, Eastern Building 2 has seen its estimated sale value drop by £11,309 (1.3%) and its estimated rental value rise by £144 per month (5.6%). This results in an estimated gross rental yield of 3.5%.
Energy Efficiency
Apartment 204, Eastern Building 2 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Jun 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 Apartment 204, Eastern Building 2 completed on 18th August 2023 at £1,025,000 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 45.9% over the period since August 2023.
- Sold Aug 2023£1,025,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Apartment 204, Eastern Building 2 have sold within a radius of 370 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th November 2023, was Apartment 302, Eastern Building 2, Triptych Place, London, SE1 9RD, a leasehold flat which sold for £938,847.
Read more about house prices in SE1.
- Sold Nov 2023£938,847 | 2 Bed FlatEastern Building 2, Triptych PlaceApartment 302, Eastern Building 2, Triptych Place, London, SE1 9RD
- Sold Nov 2023£956,902 | 2 Bed FlatEastern Building 2, Triptych PlaceApartment 304, Eastern Building 2, Triptych Place, London, SE1 9RD
- Sold Sep 2023£979,200 | 2 Bed FlatEastern Building 2, Triptych PlaceApartment 104, Eastern Building 2, Triptych Place, London, SE1 9RD
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 170 addresses on Triptych Place, London, SE1, Apartment 204, Eastern Building 2 comes out as the 153rd largest and the 158th most expensive in our analysis of the public data.
It is also £258k more expensive than the average property across the SE1 district.
More reading links
Schools Nearby
- 500mThe Cathedral School of St Saviour and St Mary Overie
- 600mSaint Joseph's Catholic Primary School, the Borough
- 600mCharles Dickens Primary School
- 600mHaberdashers' Borough Academy
- 800mLondon Nautical, City of London Academy
- 1.3kmNotre Dame Catholic Girls' School
More reading links
Public Transport Nearby
From Apartment 204, Eastern Building 2, the nearest station is London Cannon Street, 600 metres away.
- 600mLondon Cannon Street
- 600mMansion House
- 600mBlackfriars
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
