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According to the public record, 2, Albert Way is a modern freehold house with 775 ft2 of internal area and sits on a 90.3 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Albert Way is £626,335 and the estimated rental value is £3,309 per month.
Albert Way, London, SE15 is located in the borough of Southwark within the SE15 postal district.
2, Albert Way has a single entry in the Land Registry from January 2007 and a single entry in the EPC database dated August 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 2, Albert Way is in very good condition we estimate a sale value of £657,651 and a rental value of £3,474 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £582,491 and a rental value of £3,077 per month.
Over the last 12 months the sale value of 2 Albert Way has decreased by an estimated £20,620 (3.3%) and its rental value has increased by an estimated £122 per month (3.7%), giving an expected gross yield of 6.3%.
According to data from HM Land Registry, 2, Albert Way sits on a plot of 90m2.
We have plot size data on 8 out of 18 other houses in the postcode and 2, Albert Way sits on the 8th largest plot.
2, Albert Way has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Aug 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Albert Way was last sold on 5th January 2007 for £225,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2007, the market for similar properties has risen 197.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Albert Way within a radius of 330 metres over the last 2 years.
The most recent example is 10, Cardine Mews, London, SE15 1AY, a freehold house which sold for £417,787 on the 22nd January 2016.
Read more about house prices in SE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Albert Way, London, SE15 has a total of 18 addresses. According to our analysis of all the public data, 2, Albert Way is the 11th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £109k more expensive than the average property in SE15.
The nearest school is Bird In Bush School which is 300 metres away. The nearest train station is Queens Road (Peckham) which is 500 metres away.
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