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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 2, Longfellow Way is a modern freehold house with 645 ft2 of internal area and sits on a 134 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Longfellow Way is £458,186 and the estimated rental value is £2,506 per month.
Longfellow Way, London, SE1 is located in the borough of Southwark within the SE1 postal district.
2, Longfellow Way has 31 entries in the Land Registry , most recently in September 2011 and a single entry in the EPC database dated February 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 2, Longfellow Way is in very good condition we estimate a sale value of £481,095 and a rental value of £2,632 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £426,113 and a rental value of £2,331 per month.
Over the last 12 months the sale value of 2 Longfellow Way has decreased by an estimated £10,047 (2.2%) and its rental value has increased by an estimated £115 per month (4.6%), giving an expected gross yield of 6.6%.
According to data from HM Land Registry, 2, Longfellow Way sits on a plot of 134m2.
We have plot size data on 9 out of 9 other houses in the postcode and 2, Longfellow Way sits on the 4th largest plot.
2, Longfellow Way has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 Feb 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric ceiling heating.
According to HM Land Registry, 2, Longfellow Way was last sold on 23rd September 2011 for £245,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since September 2011, the market for similar properties has risen 160.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Longfellow Way within a radius of 330 metres over the last 2 years.
The most recent example is 39, Chaucer Drive, London, SE1 5TA, a freehold house which sold for £483,782 on the 15th July 2022.
Read more about house prices in SE1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Longfellow Way, London, SE1 has a total of 37 addresses. According to our analysis of all the public data, 2, Longfellow Way is the 16th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £170k less expensive than the average property in SE1.
The closest station to 2, Longfellow Way is Bermondsey station which is 1.1 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Longfellow Way, 54.2% of property is privately rented and 20.0% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Longfellow Way, 17.7% of residents are recorded as possessing school level qualifications and 60.3% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Longfellow Way, the average age was 35 and the most common age was 27.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Longfellow Way, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Longfellow Way, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
