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In this area, apartments of this size normally have 3 bedrooms.
16, Oldfield Grove has an estimated sale value of £364,616 and an estimated rental value of £2,140 per month, assuming reasonable condition and based on the information available.
Oldfield Grove, London, SE16 lies in the borough of Southwark, within the SE16 postal district.
16, Oldfield Grove has no records in the the Land Registry and a single entry in the EPC database dated November 2012.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
In very good condition, we estimate 16, Oldfield Grove would be worth £382,847, with a potential rental value of £2,247 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £339,093, with a rental value of £1,990 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 16, Oldfield Grove has dropped by £10,549 (2.9%) over the last year. During the same period, its estimated monthly rental value has risen by £117 (5.5%). The property's estimated gross yield is currently 7.0%.
16, Oldfield Grove has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Nov 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 280 metres of 16, Oldfield Grove across the last 2 years.
Most recently, Flat 66, Tissington Court, Rotherhithe New Road, London, SE16 2AQ, a leasehold flat, sold at £390,000 on the 17th June 2024.
Read more about house prices in SE16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 16, Oldfield Grove as the 22nd largest and the 26th most expensive of the 51 addresses on Oldfield Grove, London, SE16.
Against the SE16 postcode district average, it is £88k less expensive than the typical property.
Surrey Quays station is the nearest stop to 16, Oldfield Grove at 200 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around 16, Oldfield Grove, 70.2% of property is socially rented and 17.2% is privately rented.
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 16, Oldfield Grove, 18.4% of residents are recorded as possessing school level qualifications and 35.8% 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 16, Oldfield Grove, the average age was 34.1 and the most common age was 27.
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 16, Oldfield Grove, 1.3% 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 16, Oldfield Grove, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.