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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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According to the public record, Apartment 902, 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 902, 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.
Apartment 902, 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 902, 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.
Over the last 12 months the sale value of Apartment 902 Eastern Building 2 has decreased by an estimated £11,309 (1.3%) and its rental value has increased by an estimated £144 per month (5.6%), giving an expected gross yield of 3.5%.
Apartment 902, 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 902, 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.
•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 902, Eastern Building 2 is the 140th largest and the 145th most expensive property on the street.
When compared to the postcode district it is £258k more expensive than the average property in SE1.
The closest station to Apartment 902, 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.
The recent census recorded whether a resident owned or rented their home.
In the area around Apartment 902, 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 902, 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 902, 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 902, 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 902, 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.
