Apartment 506, Eastern Building 2
Apartment 506, Eastern Building 2
Description & Estimates
The public record describes Apartment 506, Eastern Building 2 as a modern apartment with 925 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a balcony.
Apartment 506, Eastern Building 2 has an estimated sale value of £1,495,760 and an estimated rental value of £3,940 per month, assuming reasonable condition and based on the information available.
The apartment sits within Eastern Building, Triptych Place, London, SE1.
Triptych Place, London, SE1 lies in the borough of Southwark, within the SE1 postal district.
Our Data Sources
Apartment 506, 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
In very good condition, we estimate Apartment 506, Eastern Building 2 would be worth £1,570,548, with a potential rental value of £4,137 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £1,391,056, with a rental value of £3,664 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 Apartment 506, Eastern Building 2 has declined by £19,081 (1.3%) over the last year. During the same period, its estimated monthly rental value has climbed by £220 (5.6%). The property's estimated gross yield is currently 3.2%.
Energy Efficiency
Apartment 506, 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
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 370 metres of Apartment 506, Eastern Building 2 across the last 2 years.
Most recently, Apartment 806, Eastern Building 2, Triptych Place, London, SE1 9RD, a leasehold flat, sold at £1,650,000 on the 2nd August 2024.
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
Our analysis of the public data ranks Apartment 506, Eastern Building 2 as the 98th largest and the 101st most expensive of the 170 addresses on Triptych Place, London, SE1.
Against the SE1 postcode district average, it is £868k more expensive than the typical property.
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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
London Cannon Street station is the nearest stop to Apartment 506, Eastern Building 2 at 600 metres away.
- 600mLondon Cannon Street
- 600mMansion House
- 600mBlackfriars
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
