50, Alscot Way
50, Alscot Way
Description & Estimates
50, Alscot Way is recorded publicly as a modern leasehold apartment across 527 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 50, Alscot Way is £257,836 and its rental estimate is £1,498 per month, given the available information and assuming reasonable condition.
Alscot Way, London, SE1 falls within the SE1 postal district, in the borough of Southwark.
Our Data Sources
50, Alscot Way has 31 entries in the Land Registry , most recently in July 2019 and a single entry in the EPC database dated April 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 50, Alscot Way, we estimate a market value of £270,727 and a rental value of £1,573 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £239,787 and £1,394 per month respectively.
Recent Market Change
Over the last year, 50, Alscot Way has seen its estimated sale value drop by £2,080 (0.8%) and its estimated rental value rise by £88 per month (5.9%). This results in an estimated gross rental yield of 7.0%.
Energy Efficiency
50, Alscot Way has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Apr 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
Sold Prices
The most recent sale of 50, Alscot Way completed on 19th July 2019 at £265,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 36.5% over the period since July 2019.
- Sold Jul 2019£265,000
- Sold Sep 2006£165,000
- Sold Oct 2003£120,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 50, Alscot Way have sold within a radius of 330 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th November 2024, was 86, Setchell Way, London, SE1 5XS, a leasehold flat which sold for £310,000.
Read more about house prices in SE1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 58 addresses on Alscot Way, London, SE1, 50, Alscot Way comes out as the 34th largest and the 38th most expensive in our analysis of the public data.
It is also £370k less expensive than the average property across the SE1 district.
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Schools Nearby
- 100mBoutcher Church of England Primary School
- 600mGrange Primary School
- 600mSurrey Square Primary School
- 400mHarris Academy Bermondsey
- 700mArk Walworth Academy
- 800mSt Saviour's and St Olave's Church of England School
More reading links
Public Transport Nearby
From 50, Alscot Way, the nearest station is Bermondsey, 1.1 kilometres away.
- 1.1kmBermondsey
- 1.5kmLondon Bridge
- 1.5kmBorough
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.
