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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, 229A, Lower Road is a period apartment with 592 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 5, 229A, Lower Road is £248,992 and the estimated rental value is £1,479 per month.
The apartment is within 229A, Lower Road, London, SE16.
Lower Road, London, SE16 is located in the borough of Southwark within the SE16 postal district.
Flat 5, 229A, Lower Road has no records in the the Land Registry and a single entry in the EPC database dated March 2024.
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.
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, 229A, Lower Road is in very good condition we estimate a sale value of £261,441 and a rental value of £1,553 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £231,562 and a rental value of £1,375 per month.
Over the last 12 months the sale value of Flat 5 229A Lower Road has decreased by an estimated £9,439 (3.8%) and its rental value has increased by an estimated £80 per month (5.4%), giving an expected gross yield of 7.1%.
Flat 5, 229A, Lower Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Mar 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, 229A, Lower Road within a radius of 310 metres over the last 2 years.
The most recent example is 189, Lower Road, London, SE16 2LW, a leasehold flat which sold for £317,000 on the 3rd March 2023.
Read more about house prices in SE16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lower Road, London, SE16 has a total of 382 addresses. According to our analysis of all the public data, Flat 5, 229A, Lower Road is the 293rd largest and the 354th most expensive property on the street.
When compared to the postcode district it is £204k less expensive than the average property in SE16.
The nearest school is Rotherhithe Primary School which is 300 metres away. The nearest train station is Surrey Quays which is 200 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.
