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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 17, Lucey Way is a mid-century apartment with 355 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 17, Lucey Way is £196,623 and the estimated rental value is £1,160 per month.
Lucey Way, London, SE16 is located in the borough of Southwark within the SE16 postal district.
17, Lucey Way has no records in the the Land Registry and a single entry in the EPC database dated July 2016.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 17, Lucey Way is in very good condition we estimate a sale value of £206,454 and a rental value of £1,218 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £182,860 and a rental value of £1,079 per month.
Over the past 12 months, the estimated sale value of 17, Lucey Way has fallen by £6,794 (3.5%), while its estimated rental value has moved up by £64 per month (5.5%). Based on current estimates, the property offers a gross rental yield of 7.1%.
17, Lucey Way has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Jul 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 17, Lucey Way within a radius of 310 metres over the last 2 years.
The most recent example is 57, Lucey Way, London, SE16 3UD, a leasehold flat which sold for £235,000 on the 12th April 2019.
Read more about house prices in SE16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lucey Way, London, SE16 has a total of 234 addresses. According to our analysis of all the public data, 17, Lucey Way is the 226th largest and the 226th most expensive property on the street.
When compared to the postcode district it is £256k less expensive than the average property in SE16.
The closest station to 17, Lucey Way is Bermondsey station, which is 500 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 17, Lucey Way, 60.7% of property is socially rented and 24.5% 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 17, Lucey Way, 13.4% of residents are recorded as possessing school level qualifications and 40.2% 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 17, Lucey Way, the average age was 34.9 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 17, Lucey Way, 0.0% 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 17, Lucey Way, 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.
