51, Lucey Way
51, Lucey Way
Description & Estimates
According to the public record, 51, Lucey Way is a mid-century leasehold apartment with 355 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 51, Lucey Way is £196,623 and the estimated rental value is £1,160 per month.
Lucey Way, London, SE16 is located in the borough of Southwark within the SE16 postal district.
Our Data Sources
51, Lucey Way has 21 entries in the Land Registry , most recently in December 2018 and a single entry in the EPC database dated March 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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 51, Lucey Way is in very good condition we estimate a sale value of £206,454 and a rental value of £1,218 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £182,860 and a rental value of £1,079 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 51, Lucey Way has decreased by £6,794 (3.5%), while its estimated rental value has grown by £64 per month (5.5%). Based on current estimates, the property offers a gross rental yield of 7.1%.
Energy Efficiency
51, Lucey Way has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Mar 2013.
The property is not connected to mains gas and has single glazed windows. It is heated using Community scheme.
Sold Prices
According to HM Land Registry, 51, Lucey Way was last sold on 20th December 2018 for £243,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since December 2018, the market for similar properties has dropped by 4.9%.
- Sold Dec 2018£243,000
- Sold Jul 2004£118,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 51, Lucey Way within a radius of 320 metres over the last 2 years.
The most recent example is 57, Lucey Way, London, SE16 3UD, a leasehold flat which sold for £235,000 on the 12th April 2019.
Read more about house prices in SE16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Lucey Way, London, SE16 has a total of 234 addresses. According to our analysis of all the public data, 51, Lucey Way is the 223rd largest and the 223rd most expensive property on the street.
When compared to the postcode district it is £256k less expensive than the average property in SE16.
More reading links
Schools Nearby
- 500mSt James' Church of England Primary School
- 500mSouthwark Park Primary School
- 600mGalleywall Primary, City of London Academy
- 400mHarris Academy Bermondsey
- 400mThe Charter School Bermondsey
- 500mCity of London Academy (Southwark)
More reading links
Public Transport Nearby
The closest station to 51, Lucey Way is Bermondsey station, which is 500 metres away.
- 500mBermondsey
- 1.0kmSouth Bermondsey
- 1.2kmCanada Water
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
