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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
54, Plover Way appears in the public record as a leasehold apartment.
We estimate it to be a modern apartment with 910 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 54, Plover Way is £490,570 and its rental estimate is £2,746 per month, given the available information and assuming reasonable condition.
Plover Way, London, SE16 falls within the SE16 postal district, in the borough of Southwark.
54, Plover Way has 31 entries in the Land Registry , most recently in May 2016 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
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 54, Plover Way, we estimate a market value of £515,098 and a rental value of £2,884 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £456,230 and £2,554 per month respectively.
Over the last year, 54, Plover Way has seen its estimated sale value fall by £14,193 (2.9%) and its estimated rental value move up by £150 per month (5.5%). This results in an estimated gross rental yield of 6.7%.
The most recent sale of 54, Plover Way completed on 18th May 2016 at £636,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 19.7% over the period since May 2016.
Over the past 2 years 3 properties similar to 54, Plover Way have sold within a radius of 350 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th April 2024, was 60, Plover Way, London, SE16 7TT, a leasehold flat which sold for £620,000.
Read more about house prices in SE16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 128 addresses on Plover Way, London, SE16, 54, Plover Way comes out as the 80th largest and the 93rd most expensive in our analysis of the public data.
It is also £38k more expensive than the average property across the SE16 district.
From 54, Plover Way, the nearest station is Surrey Quays, 800 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 54, Plover Way, 43.2% of property is privately rented and 31.8% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 54, Plover Way, 17.1% of residents are recorded as possessing school level qualifications and 66.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 54, Plover Way, the average age was 34.7 and the most common age was 27.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 54, Plover Way, 4.3% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 54, Plover Way, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
