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According to the public record, 260, Lower Road is a period freehold house with 1,367 ft2 of internal area and sits on a 161 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 260, Lower Road is £619,517 and the estimated rental value is £3,328 per month.
Lower Road, London, SE8 is located in the borough of Southwark within the SE8 postal district.
260, Lower Road has a single entry in the Land Registry from August 2021 and a single entry in the EPC database dated January 2021.
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.
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 260, Lower Road is in very good condition we estimate a sale value of £650,493 and a rental value of £3,495 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £576,151 and a rental value of £3,095 per month.
Over the last 12 months the sale value of 260 Lower Road has decreased by an estimated £23,906 (3.9%) and its rental value has increased by an estimated £168 per month (5.0%), giving an expected gross yield of 6.4%.
According to data from HM Land Registry, 260, Lower Road sits on a plot of 161m2.
We have plot size data on 12 out of 13 other houses in the postcode and 260, Lower Road sits on the 19th largest plot.
260, Lower Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Jan 2021.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 260, Lower Road was last sold on 27th August 2021 for £620,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2021, the market for similar properties has risen 16.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 260, Lower Road within a radius of 290 metres over the last 2 years.
The most recent example is 107, Trundleys Road, London, SE8 5BD, a freehold house which sold for £665,000 on the 30th September 2024.
Read more about house prices in SE8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lower Road, London, SE8 has a total of 82 addresses. According to our analysis of all the public data, 260, Lower Road is the 9th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £221k more expensive than the average property in SE8.
The nearest school is Rotherhithe Primary School which is 500 metres away. The nearest train station is Surrey Quays which is 400 metres away.
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