226, Lucey Way
226, Lucey Way
Description & Estimates
Public records show 226, Lucey Way to be a modern leasehold apartment with 1,140 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
226, Lucey Way has an estimated sale value of £435,577 and an estimated rental value of £2,443 per month, assuming reasonable condition and based on the information available.
Lucey Way, London, SE16 lies in the borough of Southwark, within the SE16 postal district.
Our Data Sources
226, Lucey Way has a single entry in the Land Registry from August 2007 and a single entry in the EPC database dated March 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 226, Lucey Way would be worth £457,356, with a potential rental value of £2,565 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £405,087, with a rental value of £2,272 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 226, Lucey Way has fallen by £12,602 (2.9%) over the last year. During the same period, its estimated monthly rental value has moved up by £134 (5.5%). The property's estimated gross yield is currently 6.7%.
Energy Efficiency
226, Lucey Way has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Mar 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
Sold Prices
226, Lucey Way last changed hands on 17th August 2007, selling for £242,500. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 74.2% since August 2007.
- Sold Aug 2007£242,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 270 metres of 226, Lucey Way across the last 2 years.
Most recently, 244, Lucey Way, London, SE16 3UG, a leasehold flat, sold at £375,000 on the 3rd October 2024.
Read more about house prices in SE16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 226, Lucey Way as the 28th largest and the 28th most expensive of the 234 addresses on Lucey Way, London, SE16.
Against the SE16 postcode district average, it is £17k less expensive than the typical property.
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Schools Nearby
- 400mSt James' Church of England Primary School
- 600mRiverside Primary School
- 600mSt Joseph's Catholic Primary School
- 300mHarris Academy Bermondsey
- 400mThe Charter School Bermondsey
- 600mSt Michael's Catholic College
More reading links
Public Transport Nearby
Bermondsey station is the nearest stop to 226, Lucey Way at 400 metres away.
- 400mBermondsey
- 1.1kmSouth Bermondsey
- 1.1kmRotherhithe
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
