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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 8, Lambert House 2 is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 589 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 8, Lambert House 2 is £594,677 and the estimated rental value is £2,896 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 8, Lambert House 2 has 21 entries in the Land Registry , most recently in February 2018 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 8, Lambert House 2 is in very good condition we estimate a sale value of £624,411 and a rental value of £3,040 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £553,050 and a rental value of £2,693 per month.
Over the last 12 months the sale value of Flat 8 Lambert House 2 has decreased by an estimated £18,016 (3.0%) and its rental value has increased by an estimated £176 per month (6.1%), giving an expected gross yield of 5.8%.
According to HM Land Registry, Flat 8, Lambert House 2 was last sold on 23rd February 2018 for £590,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since February 2018, the market for similar properties has dropped 11.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, Lambert House 2 within a radius of 580 metres over the last 2 years.
The most recent example is Flat 6, Lambert House 2, Ludgate Square, London, EC4M 7AS, a leasehold flat which sold for £750,000 on the 10th November 2023.
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 8, Lambert House 2 is the 24th largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £40k less expensive than the average property in EC4.
The nearest school is London Nautical, City of London Academy which is 910 metres away. The nearest train station is City Thameslink which is 100 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.
