According to the public record, 61, Pier Way, London is a modern apartment with 592 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Pier Way, London, SE28 is located in the borough of Greenwich within the SE28 postal district.
61, Pier Way, London has no recent1 records in the Land Registry database and a single entry in the EPC database dated June 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 61 Pier Way London as £289,168 and the rental value as £1,631 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 61 Pier Way London has increased by £5,465 (1.9%) and its rental value has increased by £99 per month (6.1%).
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 61, Pier Way, London is in very good condition we estimate a sale value of £303,626 and rental value of £1,712 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £268,926 and a rental value of £1,517 per month.
If you were able to purchase this property for the estimated value of £289,168, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,421 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 61, Pier Way, London was last sold on 14 Feb 2003 for £150,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 61, Pier Way, London within a radius of 410 metres over the last 2 years.
The most recent example is 71, Pier Way, London, SE28 0GQ, a Leasehold flat which sold for £314,000 in Nov 2022.
Read more about house prices in SE28.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pier Way, London, SE28 has a total of 66 addresses. According to our analysis of all the public data, 61, Pier Way, London is the 39th largest and the 52nd most expensive property on the street.
When compared to the postcode district it is £17k less expensive than the average property in SE28.
61, Pier Way, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Jun 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 61, Pier Way, London is Plumstead station which is 800 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 61, Pier Way, London, 54.4% of property is privately rented and 22.8% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 61, Pier Way, London, 30.4% of residents are recorded as possessing school level qualifications and 45.6% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 61, Pier Way, London, the average age was 35.2 and the most common age was 32.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 61, Pier Way, London, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 61, Pier Way, London, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.