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According to the public record, 2, Spring Way is a modern house with 1,453 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Spring Way is £831,793 and the estimated rental value is £4,626 per month.
Spring Way, London, SE5 is located in the borough of Southwark within the SE5 postal district.
2, Spring Way has no records in the the Land Registry and a single entry in the EPC database dated July 2014.
We combine this information with public data 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, Spring Way is in very good condition we estimate a sale value of £873,382 and a rental value of £4,857 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £773,567 and a rental value of £4,302 per month.
Over the last 12 months the sale value of 2 Spring Way has decreased by an estimated £35,108 (4.2%) and its rental value has increased by an estimated £177 per month (3.8%), giving an expected gross yield of 6.7%.
2, Spring Way has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Jul 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Spring Way within a radius of 300 metres over the last 2 years.
The most recent example is 53, Warner Road, London, SE5 9NE, a freehold house which sold for £894,875 on the 13th October 2023.
Read more about house prices in SE5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spring Way, London, SE5 has a total of 4 addresses. According to our analysis of all the public data, 2, Spring Way is the largest and the most expensive property on the street.
When compared to the postcode district it is £326k more expensive than the average property in SE5.
The nearest school is Crawford Primary School which is 200 metres away. The nearest train station is Denmark Hill which is 800 metres away.
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