Apartment 406, Eastern Building 2
Apartment 406, Eastern Building 2
Description & Estimates
Apartment 406, Eastern Building 2 is described in the public record as a modern apartment with 925 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Apartment 406, Eastern Building 2 is £1,495,760 and its rental estimate is £3,940 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 406, 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.
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 406, Eastern Building 2, we estimate a market value of £1,570,548 and a rental value of £4,137 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £1,391,056 and £3,664 per month respectively.
Recent Market Change
Over the last year, Apartment 406, Eastern Building 2 has seen its estimated sale value fall by £19,081 (1.3%) and its estimated rental value move up by £220 per month (5.6%). This results in an estimated gross rental yield of 3.2%.
Energy Efficiency
Apartment 406, Eastern Building 2 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Jun 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Apartment 406, 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 2nd August 2024, was Apartment 806, Eastern Building 2, Triptych Place, London, SE1 9RD, a leasehold flat which sold for £1,650,000.
Read more about house prices in SE1.
- Sold Aug 2024£1,650,000 | 2 Bed FlatEastern Building 2, Triptych PlaceApartment 806, Eastern Building 2, Triptych Place, London, SE1 9RD
- Sold Apr 2024£1,530,000 | 2 Bed FlatEastern Building 2, Triptych PlaceApartment 106, Eastern Building 2, Triptych Place, London, SE1 9RD
- Sold Aug 2023£1,540,000 | 2 Bed FlatEastern Building 2, Triptych PlaceApartment 306, Eastern Building 2, Triptych Place, London, SE1 9RD
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 170 addresses on Triptych Place, London, SE1, Apartment 406, Eastern Building 2 comes out as the 99th largest and the 102nd most expensive in our analysis of the public data.
It is also £868k more expensive than the average property across the SE1 district.
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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
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Public Transport Nearby
From Apartment 406, 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.
