3, Watermead Road
3, Watermead Road
Description & Estimates
3, Watermead Road is recorded publicly as an early-century leasehold house across 1,140 ft2 of internal area, sitting on a 275 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 3, Watermead Road is £403,221 and its rental estimate is £1,924 per month, given the available information and assuming reasonable condition.
Watermead Road, London, SE6 falls within the SE6 postal district, in the borough of Lewisham.
Our Data Sources
3, Watermead Road has a single entry in the Land Registry from October 2022 and a single entry in the EPC database dated December 2021.
We combine this information with that 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
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 3, Watermead Road, we estimate a market value of £423,382 and a rental value of £2,021 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £374,995 and £1,790 per month respectively.
Recent Market Change
Over the last year, 3, Watermead Road has seen its estimated sale value move down by £4,014 (1.0%) and its estimated rental value increase by £76 per month (3.9%). This results in an estimated gross rental yield of 5.7%.
Plot Size
HM Land Registry records the plot of land for 3, Watermead Road as measuring 275 m2.
That makes it the 23rd largest plot in the postcode, where all 22 other houses have recorded plot data.
Energy Efficiency
3, Watermead Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Dec 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 3, Watermead Road completed on 5th October 2022 at £507,000 and was recorded by HM Land Registry as a leasehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 7.0% over the period since October 2022.
- Sold Oct 2022£507,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Watermead Road have sold within a radius of 460 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th April 2021, was 4, Beachborough Road, Bromley, BR1 5RL, a leasehold house which sold for £517,500.
Read more about house prices in SE6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 36 addresses on Watermead Road, London, SE6, 3, Watermead Road comes out as the 20th largest and the 29th most expensive in our analysis of the public data.
It is also £46k less expensive than the average property across the SE6 district.
More reading links
Schools Nearby
- 300mSt John Baptist Southend Church of England Primary School
- 500mSt Augustine's Catholic Primary School and Nursery
- 600mElfrida Primary School
- 700mConisborough College
- 700mSedgehill Academy
- 1.0kmBonus Pastor Catholic College
More reading links
Public Transport Nearby
From 3, Watermead Road, the nearest station is Beckenham Hill, 400 metres away.
- 400mBeckenham Hill
- 700mBellingham
- 1.3kmLower Sydenham
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 low, based on Environment Agency data.
