250, Lower Road
250, Lower Road
Description & Estimates
Public records show 250, Lower Road to be a period freehold house with 1,356 ft2 of internal area, sitting on a 188 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
250, Lower Road has an estimated sale value of £616,924 and an estimated rental value of £3,314 per month, assuming reasonable condition and based on the information available.
Lower Road, London, SE8 lies in the borough of Southwark, within the SE8 postal district.
Our Data Sources
250, Lower Road has a single entry in the Land Registry from September 2018 and a single entry in the EPC database dated August 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 250, Lower Road would be worth £647,771, with a potential rental value of £3,480 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £573,740, with a rental value of £3,082 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 250, Lower Road has fallen by £23,806 (3.9%) over the last year. During the same period, its estimated monthly rental value has moved up by £167 (5.0%). The property's estimated gross yield is currently 6.4%.
Plot Size
250, Lower Road occupies a 188 m2 plot as recorded by HM Land Registry.
Of the 13 other houses in this postcode, 12 have recorded plot sizes, and this one ranks as the 16th largest.
Energy Efficiency
250, Lower Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Aug 2014.
The property is not connected to mains gas and has some double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
250, Lower Road last changed hands on 17th September 2018, selling for £671,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 21.3% since September 2018.
- Sold Sep 2018£671,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 300 metres of 250, Lower Road across the last 2 years.
Most recently, 230, Lower Road, London, SE8 5DJ, a freehold house, sold at £800,000 on the 27th March 2024.
Read more about house prices in SE8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 250, Lower Road as the 10th largest and the 12th most expensive of the 82 addresses on Lower Road, London, SE8.
Against the SE8 postcode district average, it is £219k more expensive than the typical property.
More reading links
Schools Nearby
- 500mRotherhithe Primary School
- 500mDeptford Park Primary School
- 600mTwin Oaks Primary School
- 1.3kmBacon's College
- 1.5kmDeptford Green School
- 1.5kmThe Charter School Bermondsey
More reading links
Public Transport Nearby
Surrey Quays station is the nearest stop to 250, Lower Road at 400 metres away.
- 400mSurrey Quays
- 800mSouth Bermondsey
- 900mCanada Water
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
