228, Lucey Way
228, Lucey Way
Description & Estimates
According to the public record, 228, Lucey Way is a mid-century apartment with 1,140 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 228, Lucey Way is £435,577 and the estimated rental value is £2,443 per month.
Lucey Way, London, SE16 is located in the borough of Southwark within the SE16 postal district.
Our Data Sources
228, Lucey Way has no records in the the Land Registry and a single entry in the EPC database dated May 2013.
We combine this information with public data 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
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 228, Lucey Way is in very good condition we estimate a sale value of £457,356 and a rental value of £2,565 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £405,087 and a rental value of £2,272 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 228, Lucey Way has dropped by £12,602 (2.9%), while its estimated rental value has risen by £134 per month (5.5%). Based on current estimates, the property offers a gross rental yield of 6.7%.
Energy Efficiency
228, Lucey Way has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 May 2013.
The property is not connected to mains gas and has some double glazing. It is heated using Community scheme.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 228, Lucey Way within a radius of 270 metres over the last 2 years.
The most recent example is 244, Lucey Way, London, SE16 3UG, a leasehold flat which sold for £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
Lucey Way, London, SE16 has a total of 234 addresses. According to our analysis of all the public data, 228, Lucey Way is the 27th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £17k less expensive than the average property in SE16.
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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
The closest station to 228, Lucey Way is Bermondsey station, which is 400 metres away.
- 400mBermondsey
- 1.1kmSouth Bermondsey
- 1.1kmRotherhithe
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
