238, Lucey Way
238, Lucey Way
Description & Estimates
According to the public record, 238, Lucey Way is a mid-century apartment with 1,173 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 238, Lucey Way is £442,472 and the estimated rental value is £2,482 per month.
Lucey Way, London, SE16 is located in the borough of Southwark within the SE16 postal district.
Our Data Sources
238, Lucey Way has no recent1 records in the the Land Registry and a single entry in the EPC database dated March 2019.
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 238, Lucey Way is in very good condition we estimate a sale value of £464,596 and a rental value of £2,606 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £411,499 and a rental value of £2,308 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 238, Lucey Way has declined by £12,801 (2.9%), while its estimated rental value has climbed by £136 per month (5.5%). Based on current estimates, the property offers a gross rental yield of 6.7%.
Energy Efficiency
238, Lucey Way has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Mar 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
Sold Prices
According to HM Land Registry, 238, Lucey Way was last sold on 21st August 1998 for £68,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
- Sold Aug 1998£68,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 238, Lucey Way within a radius of 260 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, 238, Lucey Way is the 16th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £10k less expensive than the average property in SE16.
More reading links
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 238, 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.
