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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
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The public record describes Apartment 704, Eastern Building 2 as a modern apartment with 548 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a balcony.
Apartment 704, Eastern Building 2 has an estimated sale value of £886,535 and an estimated rental value of £2,574 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.
Apartment 704, 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.
In very good condition, we estimate Apartment 704, Eastern Building 2 would be worth £930,862, with a potential rental value of £2,703 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £824,478, with a rental value of £2,394 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Apartment 704, Eastern Building 2 has declined by £11,309 (1.3%) over the last year. During the same period, its estimated monthly rental value has climbed by £144 (5.6%). The property's estimated gross yield is currently 3.5%.
Apartment 704, 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.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 370 metres of Apartment 704, Eastern Building 2 across the last 2 years.
Most recently, Apartment 302, Eastern Building 2, Triptych Place, London, SE1 9RD, a leasehold flat, sold at £938,847 on the 27th November 2023.
Read more about house prices in SE1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Apartment 704, Eastern Building 2 as the 143rd largest and the 148th most expensive of the 170 addresses on Triptych Place, London, SE1.
Against the SE1 postcode district average, it is £258k more expensive than the typical property.
London Cannon Street station is the nearest stop to Apartment 704, Eastern Building 2 at 600 metres away.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around Apartment 704, 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 704, 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 704, 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 704, 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 704, 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.
