Flats/Maisonettes 2 sales on record

1 FLAT 604 PEPYS STREET

LONDON, CITY OF LONDON, GREATER LONDON, EC3N 2NU

£665,000

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Train station London Fenchurch Street 0.0 miles
Shop Ladbrokes 0.0 miles
Bus stop Tower Gateway Station 0.1 miles
University BPP Business School 0.3 miles
Hospital Medlabs Diagnostics 1.7 miles

Property details

Tenure

Leasehold

Property type

Flat

Bedrooms

2

Bathrooms

2

Last sold

£665,000 Feb 2026

Local average

£555,833 (3 sales)

Street crime

2217 incidents within 1 mile (Apr 2026)

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Price history

Event Date Price Type % change Today’s value (HPI) Action
Sold 20/02/2026 £665,000 Flat +23.1% £569,642 to March 2026 View transaction
Sold 08/06/2009 £540,000 Flat £930,987 to March 2026 View transaction

Historic listings

Listing and sale events only where we matched the listing page to a Land Registry sale already on record for this address.

Event Date Price
sold 01/01/2026 £665,000
listed 30/06/2025 £680,000
sold 01/01/2009 £540,000
sold 01/01/2003 £468,000

Sold comparables

Same street and nearby sales within 0.25 miles (last 5 years). Land Registry Price Paid Data.

Address Price Date Type
1 FLAT 603 PEPYS STREET, LONDON, CITY OF LONDON, GREATER LONDON, EC3N 2NU £520,000 12/02/2026 Flat
1 FLAT 502 PEPYS STREET, LONDON, CITY OF LONDON, GREATER LONDON, EC3N 2NU £482,500 26/01/2026 Flat
1 FLAT 111 PEPYS STREET, LONDON, CITY OF LONDON, GREATER LONDON, EC3N 2NU £487,500 10/11/2023 Flat
1 FLAT 504 PEPYS STREET, LONDON, CITY OF LONDON, GREATER LONDON, EC3N 2NU £737,500 21/10/2022 Flat
1 FLAT 508 PEPYS STREET, LONDON, CITY OF LONDON, GREATER LONDON, EC3N 2NU £535,000 22/07/2022 Flat
1 FLAT 408 PEPYS STREET, LONDON, CITY OF LONDON, GREATER LONDON, EC3N 2NU £550,000 01/04/2022 Flat
1 FLAT G08 PEPYS STREET, LONDON, CITY OF LONDON, GREATER LONDON, EC3N 2NU £725,000 28/02/2022 Flat
1 FLAT 308 PEPYS STREET, LONDON, CITY OF LONDON, GREATER LONDON, EC3N 2NU £530,000 30/06/2021 Flat

Area average: £570,938 (8 sales)

For sale comparables

Active for-sale listings within 1 mile, matched to the same property type (all bedroom counts shown — none matched the 2-bedroom count for this property).

Address Price Beds Type Distance
Western Building, Triptych Bankside, Southbank, SE1 £695,000 Flat 0.88 mi

Capital growth trend

House Price Index (HM Land Registry — official index, not sold-price averages): City of London. Series: Flats and maisonettes. As of March 2026.

1y (index) -20.3%
5y (index) -14.6%
10y (index) -24.3%

Rental Range

Estimated market rent for London. Low = conservative, Realistic = average, Optimistic = best case.

Low £2,061/mo
Realistic £2,290/mo
Optimistic £2,519/mo

Based on Region from postcode lookup → London.

LHA (30th percentile) floor for Central London: Apr 2025 – Mar 2026

Rental Comparables

Residential lets in the area (all bedroom counts shown — none matched the 2-bedroom count for this property). Student lets are excluded.

Title Rent Beds Distance As seen on
Studio Flat, Marlyn Lodge, E1 £2,100/mo 1 0.18 miles OpenRent
1 Bed Flat, Alie St, E1 £2,002/mo 1 0.32 miles OpenRent
1 Bed Flat, Aldgate East, E1 £2,708/mo 1 0.36 miles OpenRent
1 Bed Flat, Neroli House, E1 £3,150/mo 1 0.4 miles OpenRent

Average rent: £2,490/mo (4 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.36%
Max investor price (0.8%) £300,500
Target investor price (1%) £240,400
Gross yield 4.3%
Cost-to-rent ratio 23.1×
Monthly cashflow £-480/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -3%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

Flood risk

Zone: 1

Risk: Low

Not in Flood Risk Area (no data)

Street-level crime

Category Count
Other theft 428
Violence and sexual offences 352
Theft from the person 322
Anti-social behaviour 318
Shoplifting 213
Public order 115
Burglary 103
Criminal damage and arson 77
Drugs 76
Robbery 72
Vehicle crime 62
Bicycle theft 51
Other crime 18
Possession of weapons 10
Total incidents 2217

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
David Game College Other 0.1 miles Outstanding — 11 May 2020
The Aldgate School Primary 0.2 miles Outstanding — 11 Jul 2024
English Martyrs Roman Catholic Primary School Primary 0.3 miles Good — 23 May 2013
Royal Mencap Society Other 0.4 miles (No rating)
Mulberry Canon Barnett Primary Academy Primary 0.4 miles Good — 25 Oct 2013

FENSA

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