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£40,000 below fair value

SE10 9LU

Merchants House, Collington Street, Greenwich, London, SE10

1 Beds
1 Baths
87 m² Floor area
Type Flat
Listed 15 May 2026
Asking price £400,000
Price per m² £4,885 / m²

Set within the sought-after Merchants House, this superb and significantly larger-than-average one-bedroom raised ground floor apartment offers an impressive 936 sq ft of beautifully arranged living space, complete with secure underground parking and an enviable location just moments from the river walk.

The property is defined by its exceptional proportions, most notably the outstanding 32ft x 26ft reception room, providing an expansive and versatile living and entertaining area. This space seamlessly incorporates a well-appointed open-plan kitchen, creating a sociable and contemporary hub of the home. The generous 19ft bedroom benefits from an ensuite bathroom, while a wide entrance hallway and separate WC enhance both practicality and comfort. Ample storage is also provided throughout.

A standout feature of this home is the superb private 22ft terrace, ideal for outdoor dining and relaxation, complemented by an additional balcony accessed directly from the reception room. Residents further benefit from a concierge service, adding an extra level of convenience and security.

Perfectly positioned on the cusp of East and West Greenwich, Merchants House enjoys a prime riverside setting just moments from the Thames and the renowned Cutty Sark Pub. The vibrant town centre is only a short stroll away, offering an excellent selection of shops, cafes, and restaurants, alongside superb transport links including riverboat services, rail, and DLR.

The area is rich in heritage and lifestyle appeal, with local highlights such as Greenwich Market, the historic Old Royal Naval College, and the expansive Greenwich Park, home to the world-famous Royal Observatory Greenwich.

This is a rare opportunity to acquire a truly spacious and well-located apartment in one of Greenwich’s most desirable riverside developments.

How the asking price has moved

May 2026
£425,000
Listed at original asking price
Jun 2026
£400,000
Current asking price

What similar homes actually sold for

Nearby Land Registry transactions — the data behind our fair price estimate.

Source: HM Land Registry · SE10 9LU · Sorted by date

Merchants House, Collington Street, Greenwich, London, SE10

Our fair price estimate
£440,000
Nearby sold prices per m² × UK HPI × 87 m² floor area (EPC-declared)
Asking price £400,000
Fair price £440,000
Difference ↓ £40,000 under
Price per m² £4,885 / m²
Contact landlord
About this valuation

Fair price calculated from HM Land Registry sold prices in the same postcode area, adjusted by the UK House Price Index, and multiplied by the EPC-declared floor area of 87 m². Updated daily.