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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, Apartment 403, Eastern Building 2 is a modern apartment with 710 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Apartment 403, Eastern Building 2 is £1,150,673 and the estimated rental value is £3,209 per month.
The apartment is within Eastern Building, Triptych Place, London, SE1.
Triptych Place, London, SE1 is located in the borough of Southwark within the SE1 postal district.
Apartment 403, Eastern Building 2 has no records in the the Land Registry and a single entry in the EPC database dated June 2023.
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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Apartment 403, Eastern Building 2 is in very good condition we estimate a sale value of £1,208,207 and a rental value of £3,369 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,070,126 and a rental value of £2,984 per month.
Over the last 12 months the sale value of Apartment 403 Eastern Building 2 has decreased by an estimated £14,679 (1.3%) and its rental value has increased by an estimated £180 per month (5.6%), giving an expected gross yield of 3.3%.
Apartment 403, Eastern Building 2 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Jun 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 403, Eastern Building 2 within a radius of 370 metres over the last 2 years.
The most recent example is Apartment 303, Eastern Building 2, Triptych Place, London, SE1 9RD, a leasehold flat which sold for £1,038,148 on the 27th November 2023.
Read more about house prices in SE1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Triptych Place, London, SE1 has a total of 170 addresses. According to our analysis of all the public data, Apartment 403, Eastern Building 2 is the 112th largest and the 111th most expensive property on the street.
When compared to the postcode district it is £522k more expensive than the average property in SE1.
The closest station to Apartment 403, Eastern Building 2 is London Cannon Street station which is 600 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Apartment 403, Eastern Building 2, 53.9% of property is socially rented and 27.0% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Apartment 403, Eastern Building 2, 24.3% of residents are recorded as possessing school level qualifications and 53.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Apartment 403, Eastern Building 2, the average age was 34.4 and the most common age was 27.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Apartment 403, Eastern Building 2, 0.9% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Apartment 403, Eastern Building 2, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
