Apartment 502, Eastern Building 2
Apartment 502, Eastern Building 2
Description & Estimates
According to the public record, Apartment 502, Eastern Building 2 is a modern apartment with 548 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 502, Eastern Building 2 is £886,535 and the estimated rental value is £2,574 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.
Our Data Sources
Apartment 502, 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
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 502, Eastern Building 2 is in very good condition we estimate a sale value of £930,862 and a rental value of £2,703 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £824,478 and a rental value of £2,394 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Apartment 502, Eastern Building 2 has decreased by £11,309 (1.3%), while its estimated rental value has grown by £144 per month (5.6%). Based on current estimates, the property offers a gross rental yield of 3.5%.
Energy Efficiency
Apartment 502, 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.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 502, Eastern Building 2 within a radius of 370 metres over the last 2 years.
The most recent example is Apartment 302, Eastern Building 2, Triptych Place, London, SE1 9RD, a leasehold flat which sold for £938,847 on the 27th November 2023.
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.
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Location Comparison
Triptych Place, London, SE1 has a total of 170 addresses. According to our analysis of all the public data, Apartment 502, Eastern Building 2 is the 148th largest and the 153rd most expensive property on the street.
When compared to the postcode district it is £258k more expensive than the average property in SE1.
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
The closest station to Apartment 502, Eastern Building 2 is London Cannon Street station, which is 600 metres away.
- 600mLondon Cannon Street
- 600mMansion House
- 600mBlackfriars
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
