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By comparing it to neighbours, we estimate that it is a modern house with 2,190 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 188, Rye Lane is £1,317,618 and the estimated rental value is £6,719 per month.
Rye Lane, London, SE15 is located in the borough of Southwark within the SE15 postal district.
188, Rye Lane has 21 entries in the Land Registry , most recently in June 2023 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 188, Rye Lane is in very good condition we estimate a sale value of £1,383,499 and a rental value of £7,055 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,225,385 and a rental value of £6,249 per month.
Over the last 12 months the sale value of 188 Rye Lane has decreased by an estimated £56,903 (4.3%) and its rental value has increased by an estimated £130 per month (1.9%), giving an expected gross yield of 6.1%.
According to HM Land Registry, 188, Rye Lane was last sold on 26th June 2023 for £1,500,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since June 2023, the market for similar properties has dropped 0.3%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 188, Rye Lane within a radius of 310 metres over the last 2 years.
The most recent example is 4, Alpha Street, London, SE15 4NX, a freehold house which sold for £499,995 on the 18th November 2011.
Read more about house prices in SE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rye Lane, London, SE15 has a total of 549 addresses. According to our analysis of all the public data, 188, Rye Lane is the largest and the most expensive property on the street.
When compared to the postcode district it is £801k more expensive than the average property in SE15.
The nearest school is Bellenden Primary School which is 300 metres away. The nearest train station is Peckham Rye which is 300 metres away.
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