Flat 702, Birch House 1
Flat 702, Birch House 1
Description & Estimates
Public records show Flat 702, Birch House 1 to be a modern leasehold apartment with 947 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms with a balcony.
Flat 702, Birch House 1 has an estimated sale value of £620,456 and an estimated rental value of £2,469 per month, assuming reasonable condition and based on the information available.
The apartment sits within Birch House, Pegler Square, London, SE3.
Pegler Square, London, SE3 lies in the borough of Greenwich, within the SE3 postal district.
Our Data Sources
Flat 702, 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
In very good condition, we estimate Flat 702, Birch House 1 would be worth £651,478, with a potential rental value of £2,592 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £577,024, with a rental value of £2,296 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 702, Birch House 1 has fallen by £21,550 (3.5%) over the last year. During the same period, its estimated monthly rental value has moved up by £100 (4.0%). The property's estimated gross yield is currently 4.8%.
Energy Efficiency
Flat 702, 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
Flat 702, Birch House 1 last changed hands on 30th January 2020, selling for £610,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 10.2% since January 2020.
- Sold Jan 2020£610,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 310 metres of Flat 702, Birch House 1 across the last 2 years.
Most recently, Flat 1001, Birch House 1, Pegler Square, London, SE3 9GL, a leasehold flat, sold at £659,000 on the 9th April 2020.
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£660,000 | 3 Bed FlatBirch House 1, Pegler SquareFlat 1002, 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
Our analysis of the public data ranks Flat 702, Birch House 1 as the 35th largest and the 27th most expensive of the 284 addresses on Pegler Square, London, SE3.
Against the SE3 postcode district average, it is £9k less expensive than the typical property.
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
Kidbrooke station is the nearest stop to Flat 702, Birch House 1 at 200 metres away.
- 200mKidbrooke
- 1.4kmBlackheath
- 1.6kmLee (London)
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
