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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, Western Place is £538,917 and the estimated rental value is £3,020 per month.
Western Place, London, SE16 is located in the borough of Southwark within the SE16 postal district.
2, Western Place has no records in the the Land Registry and a single entry in the EPC database dated November 2008.
We combine this information with public data 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, Western Place is in very good condition we estimate a sale value of £565,863 and a rental value of £3,171 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £501,193 and a rental value of £2,809 per month.
Over the last 12 months the sale value of 2 Western Place has decreased by an estimated £20,520 (3.8%) and its rental value has increased by an estimated £156 per month (5.2%), giving an expected gross yield of 6.7%.
2, Western Place has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Nov 2008.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Western Place within a radius of 340 metres over the last 2 years.
The most recent example is 3, Kinburn Street, London, SE16 6DN, a freehold house which sold for £650,000 on the 28th April 2022.
Read more about house prices in SE16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Western Place, London, SE16 has a total of 3 addresses. According to our analysis of all the public data, 2, Western Place is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £86k more expensive than the average property in SE16.
The nearest school is Albion Primary School which is 200 metres away. The nearest train station is Rotherhithe which is 200 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
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