Flat 4, 59
Flat 4, 59
Description & Estimates
The public record describes Flat 4, 59, Wells Way as a modern apartment with 665 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a balcony.
Flat 4, 59, Wells Way has an estimated sale value of £346,105 and an estimated rental value of £2,067 per month, assuming reasonable condition and based on the information available.
The apartment sits within 59, Wells Way, London, SE5.
Wells Way, London, SE5 lies in the borough of Southwark, within the SE5 postal district.
Our Data Sources
Flat 4, 59, Wells Way has no recent1 records in the the Land Registry and a single entry in the EPC database dated July 2011.
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 Flat 4, 59, Wells Way would be worth £363,411, with a potential rental value of £2,170 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £321,878, with a rental value of £1,922 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 Flat 4, 59, Wells Way has fallen by £4,913 (1.4%) over the last year. During the same period, its estimated monthly rental value has moved up by £133 (6.4%). The property's estimated gross yield is currently 7.2%.
Energy Efficiency
Flat 4, 59, Wells Way has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Jul 2011.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
Flat 4, 59, Wells Way last changed hands on 18th December 2003, selling for £187,495. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
- Sold Dec 2003£187,495
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 400 metres of Flat 4, 59, Wells Way across the last 2 years.
Most recently, Flat 61, 64, St. Georges Way, London, SE15 6QW, a leasehold flat, sold at £455,000 on the 23rd September 2022.
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
Our analysis of the public data ranks Flat 4, 59, Wells Way as the 66th largest and the 81st most expensive of the 111 addresses on Wells Way, London, SE5.
Against the SE5 postcode district average, it is £160k less expensive than the typical property.
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Schools Nearby
- 100mSt George's Church of England Primary School
- 400mAngel Oak Academy
- 400mBrunswick Park Primary School
- 700mArk Walworth Academy
- 800mSouth Bank University Academy
- 1.1kmSacred Heart Catholic School
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Public Transport Nearby
Denmark Hill station is the nearest stop to Flat 4, 59, Wells Way at 1.5 kilometres away.
- 1.5kmDenmark Hill
- 1.6kmKennington
- 1.7kmPeckham Rye
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.
