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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, 3, Ben Smith Way is a mid-century leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Ben Smith Way is £306,251 and the estimated rental value is £1,843 per month.
Ben Smith Way, London, SE16 is located in the borough of Southwark within the SE16 postal district.
3, Ben Smith Way has a single entry in the Land Registry from October 2008 and a single entry in the EPC database dated September 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 3, Ben Smith Way is in very good condition we estimate a sale value of £321,564 and a rental value of £1,935 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £284,813 and a rental value of £1,714 per month.
Over the last 12 months the sale value of 3 Ben Smith Way has decreased by an estimated £11,610 (3.8%) and its rental value has increased by an estimated £100 per month (5.4%), giving an expected gross yield of 7.2%.
3, Ben Smith Way has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Sep 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
According to HM Land Registry, 3, Ben Smith Way was last sold on 10th October 2008 for £170,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since October 2008, the market for similar properties has risen 43.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Ben Smith Way within a radius of 290 metres over the last 2 years.
The most recent example is Flat 53, Casby House, Dickens Estate, London, SE16 4SY, a leasehold flat sold by Maplewood Property for £327,000 on the 8th February 2024.
Read more about house prices in SE16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ben Smith Way, London, SE16 has a total of 6 addresses. According to our analysis of all the public data, 3, Ben Smith Way is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £146k less expensive than the average property in SE16.
The nearest school is St James' Church of England Primary School which is 200 metres away. The nearest train station is Bermondsey which is 100 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.
