Flat 701, Birch House 1
Flat 701, Birch House 1
Description & Estimates
Flat 701, Birch House 1 is recorded publicly as a modern leasehold apartment across 979 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a balcony.
Our estimate of the sale value of Flat 701, Birch House 1 is £634,674 and its rental estimate is £2,508 per month, given the available information and assuming reasonable condition.
Birch House, Pegler Square is a residential building on Pegler Square, London, SE3 and falls within the SE3 postal district and the London Borough of Greenwich.
Our Data Sources
Flat 701, Birch House 1 has a single entry in the Land Registry from January 2020 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 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 701, Birch House 1, we estimate a market value of £666,407 and a rental value of £2,633 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £590,246 and £2,332 per month respectively.
Recent Market Change
Over the last year, Flat 701, Birch House 1 has seen its estimated sale value move down by £22,044 (3.5%) and its estimated rental value increase by £101 per month (4.0%). This results in an estimated gross rental yield of 4.7%.
Energy Efficiency
Flat 701, Birch House 1 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Jul 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Sold Prices
The most recent sale of Flat 701, Birch House 1 completed on 31st January 2020 at £600,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 10.2% over the period since January 2020.
- Sold Jan 2020£600,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 701, Birch House 1 have sold within a radius of 310 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th April 2020, was Flat 1001, Birch House 1, Pegler Square, London, SE3 9GL, a leasehold flat which sold for £659,000.
Read more about house prices in SE3.
- Sold Apr 2020£659,000 | 3 Bed FlatBirch House 1, Pegler SquareFlat 1001, Birch House 1, Pegler Square, London, SE3 9GL
- Sold Feb 2020£590,000 | 3 Bed FlatBirch House 1, Pegler SquareFlat 106, Birch House 1, Pegler Square, London, SE3 9GL
- Sold Feb 2020£600,000 | 3 Bed FlatBirch House 1, Pegler SquareFlat 801, Birch House 1, Pegler Square, London, SE3 9GL
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 284 addresses on Pegler Square, London, SE3, Flat 701, Birch House 1 comes out as the 32nd largest and the 21st most expensive in our analysis of the public data.
It is also £5k more expensive than the average property across the SE3 district.
More reading links
Schools Nearby
- 300mWingfield Primary School
- 700mBrooklands Primary School
- 700mEaldham Primary School
- 400mThomas Tallis School
- 1.3kmLeigh Academy Halley
- 1.4kmHarris Academy Greenwich
More reading links
Public Transport Nearby
From Flat 701, Birch House 1, the nearest station is Kidbrooke, 200 metres away.
- 200mKidbrooke
- 1.4kmBlackheath
- 1.6kmLee (London)
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
