23B, Plough Way
23B, Plough Way
Description & Estimates
The public record describes 23B, Plough Way as a period apartment with 441 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom with a garden.
23B, Plough Way has an estimated sale value of £283,565 and an estimated rental value of £1,673 per month, assuming reasonable condition and based on the information available.
The apartment sits within 23, Plough Way, London, SE16.
Plough Way, London, SE16 lies in the borough of Southwark, within the SE16 postal district.
Our Data Sources
23B, Plough Way has no records in the the Land Registry and a single entry in the EPC database dated November 2019.
We combine this information with public data 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
In very good condition, we estimate 23B, Plough Way would be worth £297,743, with a potential rental value of £1,757 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £263,715, with a rental value of £1,556 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 23B, Plough Way has moved down by £9,522 (3.4%) over the last year. During the same period, its estimated monthly rental value has increased by £95 (5.6%). The property's estimated gross yield is currently 7.1%.
Energy Efficiency
23B, Plough Way has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 06 Nov 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 300 metres of 23B, Plough Way across the last 2 years.
Most recently, Flat 39, Melville Court, Croft Street, London, SE8 5DR, a leasehold flat, sold at £300,000 on the 5th January 2026.
Read more about house prices in SE16.
- Sold Jan 2026£300,000 | 1 Bed FlatMelville Court, Croft StreetFlat 39, Melville Court, Croft Street, London, SE8 5DR
- Sold Oct 2025£280,000 | 1 Bed FlatHazelwood House, Evelyn StreetFlat 77, Hazelwood House, Evelyn Street, London, SE8 5RR
- Sold Apr 2022£273,000 | 1 Bed FlatHazelwood House, Evelyn StreetFlat 56, Hazelwood House, Evelyn Street, London, SE8 5RP
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 23B, Plough Way as the 402nd largest and the 408th most expensive of the 434 addresses on Plough Way, London, SE16.
Against the SE16 postcode district average, it is £169k less expensive than the typical property.
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Schools Nearby
- 400mRotherhithe Primary School
- 600mDeptford Park Primary School
- 700mSt Joseph's Catholic Primary School
- 1.1kmBacon's College
- 1.4kmThe Charter School Bermondsey
- 1.6kmCity of London Academy (Southwark)
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Public Transport Nearby
Surrey Quays station is the nearest stop to 23B, Plough Way at 300 metres away.
- 300mSurrey Quays
- 800mCanada Water
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
