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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
According to the public record, Flat 3, Pullman Building 88 is a modern leasehold apartment with 710 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 Flat 3, Pullman Building 88 is £458,051 and the estimated rental value is £2,458 per month.
The apartment is within Pullman Building, Spa Road, London, SE16.
Spa Road, London, SE16 is located in the borough of Southwark within the SE16 postal district.
Flat 3, Pullman Building 88 has a single entry in the Land Registry from December 2015 and a single entry in the EPC database dated June 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 3, Pullman Building 88 is in very good condition we estimate a sale value of £480,953 and a rental value of £2,581 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £425,987 and a rental value of £2,286 per month.
Over the last 12 months the sale value of Flat 3 Pullman Building 88 has decreased by an estimated £19,158 (4.2%) and its rental value has increased by an estimated £144 per month (5.9%), giving an expected gross yield of 6.4%.
Flat 3, Pullman Building 88 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Jun 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 3, Pullman Building 88 was last sold on 18th December 2015 for £408,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2015, the market for similar properties has dropped 20.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, Pullman Building 88 within a radius of 240 metres over the last 2 years.
The most recent example is Flat 19, Pullman Building 88, Spa Road, London, SE16 3QT, a leasehold flat which sold for £550,000 on the 25th August 2023.
Read more about house prices in SE16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spa Road, London, SE16 has a total of 645 addresses. According to our analysis of all the public data, Flat 3, Pullman Building 88 is the 282nd largest and the 299th most expensive property on the street.
When compared to the postcode district it is £5k more expensive than the average property in SE16.
The nearest school is Boutcher Church of England Primary School which is 300 metres away. The nearest train station is Bermondsey which is 700 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
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