197, Lucey Way
197, Lucey Way
Description & Estimates
The public record describes 197, Lucey Way as a mid-century apartment with 505 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
197, Lucey Way has an estimated sale value of £262,711 and an estimated rental value of £1,584 per month, assuming reasonable condition and based on the information available.
Lucey Way, London, SE16 lies in the borough of Southwark, within the SE16 postal district.
Our Data Sources
197, Lucey Way has no records in the the Land Registry and a single entry in the EPC database dated January 2011.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 197, Lucey Way would be worth £275,847, with a potential rental value of £1,663 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £244,321, with a rental value of £1,473 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 197, Lucey Way has declined by £9,959 (3.8%) over the last year. During the same period, its estimated monthly rental value has climbed by £86 (5.4%). The property's estimated gross yield is currently 7.2%.
Energy Efficiency
197, Lucey Way has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Jan 2011.
The property is connected to mains gas and has single glazed windows. It is heated using Community scheme.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 290 metres of 197, Lucey Way across the last 2 years.
Most recently, 31, Lucey Way, London, SE16 3UD, a leasehold flat, sold at £265,000 on the 14th November 2024.
Read more about house prices in SE16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 197, Lucey Way as the 202nd largest and the 185th most expensive of the 234 addresses on Lucey Way, London, SE16.
Against the SE16 postcode district average, it is £190k less expensive than the typical property.
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Schools Nearby
- 400mSt James' Church of England Primary School
- 600mRiverside Primary School
- 600mSouthwark Park Primary School
- 300mHarris Academy Bermondsey
- 400mThe Charter School Bermondsey
- 600mSt Michael's Catholic College
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Public Transport Nearby
Bermondsey station is the nearest stop to 197, Lucey Way at 500 metres away.
- 500mBermondsey
- 1.1kmSouth Bermondsey
- 1.2kmRotherhithe
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
