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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 6, Lambert House 2 is £640,445 and the estimated rental value is £3,209 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 6, Lambert House 2 has 21 entries in the Land Registry , most recently in November 2023 and a single entry in the EPC database dated July 2019.
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 6, Lambert House 2 is in very good condition we estimate a sale value of £672,468 and a rental value of £3,370 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £595,614 and a rental value of £2,985 per month.
Over the last 12 months the sale value of Flat 6 Lambert House 2 has decreased by an estimated £9,267 (1.4%) and its rental value has increased by an estimated £178 per month (5.5%), giving an expected gross yield of 6%.
Flat 6, Lambert House 2 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Jul 2019.
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 6, Lambert House 2 was last sold on 10th November 2023 for £750,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since November 2023, the market for similar properties has dropped 3.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 6, 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 6, Lambert House 2 is the 20th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £3k less 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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