Flat 18, 2 Aurora Point
Flat 18, 2 Aurora Point
Description & Estimates
Flat 18, 2 Aurora Point, Plough Way is recorded publicly as a modern leasehold apartment across 1,054 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a balcony.
Our estimate of the sale value of Flat 18, 2 Aurora Point, Plough Way is £566,307 and its rental estimate is £3,065 per month, given the available information and assuming reasonable condition.
2, Plough Way is a residential building on Plough Way, London, SE16 and falls within the SE16 postal district and the London Borough of Lewisham.
Our Data Sources
Flat 18, 2 Aurora Point, Plough Way has 2 entries in the Land Registry , most recently in October 2022 and a single entry in the EPC database dated June 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 Flat 18, 2 Aurora Point, Plough Way, we estimate a market value of £594,622 and a rental value of £3,218 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £526,665 and £2,850 per month respectively.
Recent Market Change
Over the last year, Flat 18, 2 Aurora Point, Plough Way has seen its estimated sale value fall by £19,578 (3.5%) and its estimated rental value move up by £168 per month (5.5%). This results in an estimated gross rental yield of 6.5%.
Energy Efficiency
Flat 18, 2 Aurora Point, Plough Way has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Jun 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Sold Prices
The most recent sale of Flat 18, 2 Aurora Point, Plough Way completed on 5th October 2022 at £430,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 5.4% over the period since October 2022.
- Sold Oct 2022£430,000
- Sold Oct 2018£445,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 18, 2 Aurora Point, Plough Way have sold within a radius of 280 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th December 2024, was Flat 13, 2 Aurora Point, Plough Way, London, SE16 7FQ, a leasehold flat which sold for £410,000.
Read more about house prices in SE16.
- Sold Dec 2024£410,000 | 3 Bed FlatFlat 13, 2 Aurora Point, Plough Way, London, SE16 7FQFlat 13, 2 Aurora Point, Plough Way, London, SE16 7FQ
- Sold Jun 2024£600,000 | 3 Bed FlatFlat 4, 2 Aurora Point, Plough Way, London, SE16 7FQFlat 4, 2 Aurora Point, Plough Way, London, SE16 7FQ
- Sold Feb 2023£705,000 | 3 Bed FlatFlat 17, 4 Aurora Point, Plough Way, London, SE16 7FQFlat 17, 4 Aurora Point, Plough Way, London, SE16 7FQ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 434 addresses on Plough Way, London, SE16, Flat 18, 2 Aurora Point, Plough Way comes out as the 74th largest and the 77th most expensive in our analysis of the public data.
It is also £114k more expensive than the average property across the SE16 district.
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Schools Nearby
- 500mDeptford Park Primary School
- 700mArnhem Wharf Primary School
- 900mSt Edmund's Catholic School
- 1.2kmBacon's College
- 1.4kmCanary Wharf College Crossharbour
- 1.6kmDeptford Green School
More reading links
Public Transport Nearby
From Flat 18, 2 Aurora Point, Plough Way, the nearest station is Surrey Quays, 900 metres away.
- 900mSurrey Quays
- 1.2kmCanada Water
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.
