224A, Rye Lane
224A, Rye Lane
Description & Estimates
224A, Rye Lane is recorded publicly as a period leasehold apartment across 913 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 224A, Rye Lane is £278,786 and its rental estimate is £1,556 per month, given the available information and assuming reasonable condition.
Rye Lane, London, SE15 falls within the SE15 postal district, in the borough of Southwark.
Our Data Sources
224A, Rye Lane has 2 entries in the Land Registry , most recently in September 2023 and a single entry in the EPC database dated October 2022.
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 224A, Rye Lane, we estimate a market value of £292,725 and a rental value of £1,634 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £259,271 and £1,447 per month respectively.
Recent Market Change
Over the last year, 224A, Rye Lane has seen its estimated sale value decline by £5,947 (2.1%) and its estimated rental value climb by £85 per month (5.4%). This results in an estimated gross rental yield of 6.7%.
Energy Efficiency
224A, Rye Lane has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Oct 2022.
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 224A, Rye Lane completed on 20th September 2023 at £575,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 1.9% over the period since September 2023.
- Sold Sep 2023£575,000
- Sold Jan 2020£582,000
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 290 metres of 224A, Rye Lane, per the Land Registry and our network of Estate Agents.
The latest, on the 12th July 2024, was 234, Rye Lane, London, SE15 4NL, a freehold house which sold for £1,092,000.
Read more about house prices in SE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 549 addresses on Rye Lane, London, SE15, 224A, Rye Lane comes out as the 74th largest and the 513th most expensive in our analysis of the public data.
It is also £238k less expensive than the average property across the SE15 district.
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Schools Nearby
- 200mBellenden Primary School
- 300mRye Oak Primary School
- 500mThe Belham Primary School
- 800mThe St Thomas the Apostle College
- 900mHarris Academy Peckham
- 1.0kmHarris Boys' Academy East Dulwich
More reading links
Public Transport Nearby
From 224A, Rye Lane, the nearest station is Peckham Rye, 400 metres away.
- 400mPeckham Rye
- 900mNunhead
- 1.0kmQueens Road Peckham
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
