Flat 2, 73
Flat 2, 73
Description & Estimates
Flat 2, 73, Wells Way is described in the public record as a modern apartment with 613 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 2, 73, Wells Way is £182,171 and its rental estimate is £1,099 per month, given the available information and assuming reasonable condition.
73, Wells Way is a residential building on Wells Way, London, SE5 and falls within the SE5 postal district and the London Borough of Southwark.
Our Data Sources
Flat 2, 73, Wells Way has no records in the the Land Registry and a single entry in the EPC database dated June 2013.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 2, 73, Wells Way, we estimate a market value of £191,279 and a rental value of £1,154 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £169,419 and £1,022 per month respectively.
Recent Market Change
Over the last year, Flat 2, 73, Wells Way has seen its estimated sale value decline by £3,898 (2.1%) and its estimated rental value climb by £58 per month (5.3%). This results in an estimated gross rental yield of 7.2%.
Energy Efficiency
Flat 2, 73, Wells Way has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Jun 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to Flat 2, 73, Wells Way have sold within a radius of 380 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th September 2024, was 9, Sunset Buildings 76, Edmund Street, London, SE5 7NR, a leasehold flat which sold for £114,000.
Read more about house prices in SE5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 111 addresses on Wells Way, London, SE5, Flat 2, 73, Wells Way comes out as the 74th largest and the 110th most expensive in our analysis of the public data.
It is also £324k less expensive than the average property across the SE5 district.
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Schools Nearby
- 100mSt George's Church of England Primary School
- 400mBrunswick Park Primary School
- 400mAngel Oak Academy
- 800mArk Walworth Academy
- 900mSouth Bank University Academy
- 1.1kmSacred Heart Catholic School
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Public Transport Nearby
From Flat 2, 73, Wells Way, the nearest station is Denmark Hill, 1.4 kilometres away.
- 1.4kmDenmark Hill
- 1.6kmPeckham Rye
- 1.6kmKennington
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
