2 Sark Tower Erebus Drive

    2 SARK TOWER, EREBUS DRIVE, LONDON, SE28 0GG

    This flat/maisonette leasehold property on Erebus Drive last sold in November 2016 for £240,000. Based on price growth in the SE28 district since then, its estimated current value is £347,911 — placing it in the 59th percentile nationally and the 50th percentile within SE28. The property covers 45 m² (484 sq ft), giving an estimated value of £7,731 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    484 sq ft

    45 m²

    Last Sale Price

    £240,000

    Nov 2016

    Estimated Valuation

    £347,911

    Est. £/sq ft

    £718/sq ft

    £7,731/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area484 sq ft (45 m²)
    EPC dateMar 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Nov 2016

    £240,000

    3 Dec 2013

    £154,995

    31 Oct 2003

    New build

    £166,995

    Key Metrics

    Estimated valuation£347,911
    Value per sq ft / m²£718/sq ft (£7,731/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SE28 district percentile50th percentile
    National percentile59th percentile

    District Context — SE28

    SE28 covers Thamesmead and surrounding areas in south-east London, positioned on the Thames south of Woolwich. It is a diverse, densely populated district with strong family communities and a significant rental market.

    Average Property Price - SE28

    £348,848

    56

    National percentile

    Average Net Household Income - SE28

    £51,952

    92

    National percentile

    10-Year Annualised Price Growth - SE28

    4.2%

    72

    National percentile

    10-Year Annualised Rent Growth - SE

    3.6%

    31

    National percentile

    View full analysis for SE28

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