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Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 178, Lucey Way is £426,257 and the estimated rental value is £2,391 per month.
Lucey Way, London, SE16 is located in the borough of Southwark within the SE16 postal district.
178, Lucey Way has no recent1 records in the the Land Registry and a single entry in the EPC database dated March 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 178, Lucey Way is in very good condition we estimate a sale value of £447,570 and a rental value of £2,510 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £396,419 and a rental value of £2,223 per month.
Over the last 12 months the sale value of 178 Lucey Way has decreased by an estimated £12,332 (2.9%) and its rental value has increased by an estimated £131 per month (5.5%), giving an expected gross yield of 6.7%.
178, Lucey Way has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Mar 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
According to HM Land Registry, 178, Lucey Way was last sold on 27th July 2005 for £189,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 178, Lucey Way within a radius of 300 metres over the last 2 years.
The most recent example is 142, Lucey Way, London, SE16 3UG, a leasehold flat which sold for £494,999 on the 28th October 2025.
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, 178, Lucey Way is the 52nd largest and the 50th most expensive property on the street.
When compared to the postcode district it is £26k less expensive than the average property in SE16.
The nearest school is Harris Academy Bermondsey which is 300 metres away. The nearest train station is Bermondsey which is 400 metres away.
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