Flat 501 Iris Court, 16 Thames Reach

    FLAT 501 IRIS COURT, 16, THAMES REACH, LONDON, SE28 0FR

    This flat/maisonette leasehold property on Thames Reach last sold in November 2022 for £335,000. Based on price growth in the SE28 district since then, its estimated current value is £439,338 — placing it in the 73rd percentile nationally and the 84th percentile within SE28. The property covers 66 m² (710 sq ft), giving an estimated value of £6,657 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    710 sq ft

    66 m²

    Last Sale Price

    £335,000

    Nov 2022

    Estimated Valuation

    £439,338

    Est. £/sq ft

    £618/sq ft

    £6,657/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction age2019
    Habitable roomsNot available
    Main fuelNot available
    EPC currentB
    EPC potentialB
    Floor area710 sq ft (66 m²)
    EPC dateJul 2019
    WallsAverage thermal transmittance 0.18 W/m
    HeatingCommunity scheme

    Transaction History

    24 Nov 2022

    £335,000

    Key Metrics

    Estimated valuation£439,338
    Value per sq ft / m²£618/sq ft (£6,657/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SE28 district percentile84th percentile
    National percentile73rd 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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