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According to the public record, 2, Leather Road is a modern freehold house with 828 ft2 of internal area and sits on a 104 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, Leather Road is £534,693 and the estimated rental value is £2,992 per month.
Leather Road, London, SE16 is located in the borough of Lewisham within the SE16 postal district.
2, Leather Road has a single entry in the Land Registry from June 2018 and a single entry in the EPC database dated October 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, Leather Road is in very good condition we estimate a sale value of £561,427 and a rental value of £3,141 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £497,264 and a rental value of £2,782 per month.
Over the last 12 months the sale value of 2 Leather Road has decreased by an estimated £20,359 (3.8%) and its rental value has increased by an estimated £155 per month (5.2%), giving an expected gross yield of 6.7%.
According to data from HM Land Registry, 2, Leather Road sits on a plot of 104m2.
We have plot size data on 5 out of 5 other houses in the postcode and 2, Leather Road sits on the 2nd largest plot.
2, Leather Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Oct 2017.
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, Leather Road was last sold on 13th June 2018 for £520,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2018, the market for similar properties has risen 18.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Leather Road within a radius of 280 metres over the last 2 years.
The most recent example is 29 Chester Court, Trundleys Road, London, SE8 5AN, a freehold house which sold for £522,500 on the 17th May 2019.
Read more about house prices in SE16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Leather Road, London, SE16 has a total of 10 addresses. According to our analysis of all the public data, 2, Leather Road is the 5th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £82k more expensive than the average property in SE16.
The nearest school is Rotherhithe Primary School which is 200 metres away. The nearest train station is Surrey Quays which is 300 metres away.
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