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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Flat 5, 1, Concorde Way is a modern leasehold apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 5, 1, Concorde Way is £342,505 and the estimated rental value is £1,988 per month.
The apartment is within 1, Concorde Way, London, SE16.
Concorde Way, London, SE16 is located in the borough of Lewisham within the SE16 postal district.
Flat 5, 1, Concorde Way has a single entry in the Land Registry from February 2019 and a single entry in the EPC database dated November 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 5, 1, Concorde Way is in very good condition we estimate a sale value of £359,630 and a rental value of £2,087 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £318,530 and a rental value of £1,849 per month.
Over the last 12 months the sale value of Flat 5 1 Concorde Way has decreased by an estimated £14,215 (4.2%) and its rental value has increased by an estimated £114 per month (5.8%), giving an expected gross yield of 7%.
Flat 5, 1, Concorde Way has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Nov 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 5, 1, Concorde Way was last sold on 12th February 2019 for £157,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since February 2019, the market for similar properties has risen 8.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, 1, Concorde Way within a radius of 290 metres over the last 2 years.
The most recent example is 6, Nemus Apartments 21-43, Bush Road, London, SE8 5AP, a leasehold flat which sold for £380,000 on the 6th September 2024.
Read more about house prices in SE16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Concorde Way, London, SE16 has a total of 57 addresses. According to our analysis of all the public data, Flat 5, 1, Concorde Way is the 51st largest and the 51st most expensive property on the street.
When compared to the postcode district it is £110k less expensive than the average property in SE16.
The nearest school is Rotherhithe Primary School which is 248 metres away. The nearest train station is Surrey Quays which is 300 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
