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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
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According to the public record, 232, Lucey Way is a mid-century leasehold apartment with 1,076 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 232, Lucey Way is £421,539 and the estimated rental value is £2,368 per month.
Lucey Way, London, SE16 is located in the borough of Southwark within the SE16 postal district.
232, Lucey Way has 21 entries in the Land Registry , most recently in August 2014 and a single entry in the EPC database dated August 2024.
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.
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 232, Lucey Way is in very good condition we estimate a sale value of £442,616 and a rental value of £2,486 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £392,031 and a rental value of £2,202 per month.
Over the last 12 months the sale value of 232 Lucey Way has decreased by an estimated £12,196 (2.9%) and its rental value has increased by an estimated £130 per month (5.5%), giving an expected gross yield of 6.7%.
232, Lucey Way has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Aug 2024.
The property is not connected to mains gas and has mostly double glazing. It is heated using Community scheme.
According to HM Land Registry, 232, Lucey Way was last sold on 1st August 2014 for £385,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since August 2014, the market for similar properties has risen 22.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 232, 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.
Lucey Way, London, SE16 has a total of 234 addresses. According to our analysis of all the public data, 232, Lucey Way is the 65th largest and the 63rd most expensive property on the street.
When compared to the postcode district it is £31k less expensive than the average property in SE16.
The nearest school is Harris Academy Bermondsey which is 300 metres away. The nearest train station is Bermondsey which is 400 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.
