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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, Flat 1, Lambert House 2 is a modern leasehold apartment with 666 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1, Lambert House 2 is £655,257 and the estimated rental value is £3,273 per month.
The apartment is within Lambert House, Ludgate Square, London, EC4.
Ludgate Square, London, EC4 is located in the borough of City and County of the City of London within the EC4 postal district.
Flat 1, Lambert House 2 has 31 entries in the Land Registry , most recently in October 2009 and a single entry in the EPC database dated April 2009.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 Flat 1, Lambert House 2 is in very good condition we estimate a sale value of £688,020 and a rental value of £3,437 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £609,389 and a rental value of £3,044 per month.
Over the last 12 months the sale value of Flat 1 Lambert House 2 has decreased by an estimated £9,481 (1.4%) and its rental value has increased by an estimated £181 per month (5.5%), giving an expected gross yield of 6%.
Flat 1, Lambert House 2 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Apr 2009.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, Flat 1, Lambert House 2 was last sold on 26th October 2009 for £425,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since October 2009, the market for similar properties has risen 53.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Lambert House 2 within a radius of 580 metres over the last 2 years.
The most recent example is Flat 11, 3, Ludgate Square, London, EC4M 7AS, a leasehold flat which sold for £700,000 on the 17th April 2024.
Read more about house prices in EC4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ludgate Square, London, EC4 has a total of 52 addresses. According to our analysis of all the public data, Flat 1, Lambert House 2 is the 16th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £12k more expensive than the average property in EC4.
The nearest school is London Nautical, City of London Academy which is 900 metres away. The nearest train station is City Thameslink which is 100 metres away.
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