240, Neckinger Estate
240, Neckinger Estate
Description & Estimates
240, Neckinger Estate is described in the public record as an early-century apartment with 510 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 240, Neckinger Estate is £268,528 and its rental estimate is £1,617 per month, given the available information and assuming reasonable condition.
Neckinger Estate, London, SE16 falls within the SE16 postal district, in the borough of Southwark.
Our Data Sources
240, Neckinger Estate has no records in the the Land Registry and a single entry in the EPC database dated March 2010.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 240, Neckinger Estate, we estimate a market value of £281,954 and a rental value of £1,698 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £249,731 and £1,504 per month respectively.
Recent Market Change
Over the last year, 240, Neckinger Estate has seen its estimated sale value move down by £11,191 (4.2%) and its estimated rental value increase by £88 per month (5.4%). This results in an estimated gross rental yield of 7.2%.
Energy Efficiency
240, Neckinger Estate has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Mar 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 240, Neckinger Estate have sold within a radius of 230 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th December 2024, was 334, Neckinger Estate, London, SE16 3QE, a leasehold flat which sold for £265,000.
Read more about house prices in SE16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 355 addresses on Neckinger Estate, London, SE16, 240, Neckinger Estate comes out as the 299th largest and the 334th most expensive in our analysis of the public data.
It is also £184k less expensive than the average property across the SE16 district.
More reading links
Schools Nearby
- 300mSt James' Church of England Primary School
- 400mSt Joseph's Catholic Primary School
- 400mBoutcher Church of England Primary School
- 400mHarris Academy Bermondsey
- 500mSt Michael's Catholic College
- 700mThe Charter School Bermondsey
More reading links
Public Transport Nearby
From 240, Neckinger Estate, the nearest station is Bermondsey, 600 metres away.
- 600mBermondsey
- 1.3kmLondon Bridge
- 1.3kmWapping
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
